SUMMARYWe are seeking a highly motivated and detail-oriented individual to grow with our private fund platform. The ideal candidate has a strong accounting foundation with experience in fund accounting, real estate private equity experience, and a commitment to high-quality reporting and communication.
KEY RESPONSIBILITIES - Maintain property-level, fund-level, and investor performance calculations, including IRR, equity multiple, carry, and other fund/investment-level metrics.
- Prepare quarterly and annual financial statements and footnotes, investor reports, performance summaries, capital account statements, and NAV statements.
- Responsible for completing various aspects of fund-level accounting, including general ledger maintenance, management fee calculations, expense allocations, and the consolidation process in both U.S. GAAP and on a fair value basis.
- Assist with the data flow for third-party valuation reports and support integration into fund-level reporting.
- Support the independent fund administrator in the preparation of their work product, ensuring accuracy of information provided.
- Partner with other accounting teams, investments, FP&A, treasury, asset management, tax, and capital markets teams to source, validate, reconcile, and report financial and operating data.
- Support the investments team in preparing investment and fund reporting models.
- Ensure timely, accurate preparation of side letter reporting obligations, including completion of templates and aggregation of legal, ESG, and system data across teams.
- Build fund-level cash flow forecasts and track balance sheets to support future distribution planning.
- Collaborate on lender reporting workflows, including borrower completion certificates, disbursement requests, and insurance documentation.
- Collaborate with valuation agents, external auditors, tax advisors, lenders, and other third parties to ensure alignment of fund reporting which includes assisting in the fund audits.
- Contribute to ongoing process improvements and automation initiatives for fund and investor reporting, including capital account allocations and distribution process setup.
- Perform other duties as required
OTHER DUTIES Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of this employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
TRAVEL Minimal travel is expected for this position.
MINIMUM REQUIREMENTS - 3-5years of experience in real estate private equity, fund accounting, real estate investment management, or a related field, (fund administrator or GP-side experience preferred).
- Bachelor's degree in Accounting, Finance, Real Estate, Economics, or similar business or analytical field required, Professional certification of CPA or equivalent is strongly desired, Master's degree, CFA, or CAIA is a plus.
- Preferably accounting background with a focus on real estate or asset management clients, a Big 4 accounting firm or fund administrator.
- Knowledge of accounting theory and framework, including GAAP, NACREIF Reporting Standards, IFRS, INREV and other international accounting reporting framework is strongly desired.
- Hands-on expertise with fair market value reporting, capital account statements, NAV calculations, fee waterfalls, and investor allocations.
- Proficiency in accounting systems, spreadsheets, and financial reporting tools (Yardi, OneStream, Workiva, PowerBI or similar applications a plus).
- Excellent analytical, problem-solving, written, and verbal communication skills with the ability to translate complex concepts for diverse stakeholders.
WHAT WE OFFER - Competitive Base Salary + Annual Bonus
- Generous Paid Time Off and Holidays
- Employee Stock Purchase Program - purchase shares at a 15% discount
- Employer-matching 401(k) Program + Profit Sharing Program
- Student Debt Program - we'll contribute up to $10,000 towards your student loans!
- Tuition Assistance Program
- Comprehensive and progressive Medical/Dental/Vision options
- Professional Growth
- And much more! https://welltower.com/newsroom/careers/
