OverviewThe Senior Fund Accountant position is a high-growth position that will be responsible for various phases of accounting and financial reporting under the direction of the Fund Controller.
The RoleWe are seeking a detail-oriented and proactive Senior Fund Accountant to manage fund accounting activities, including bank and asset reconciliations, preparation and analysis of financial statements and investor reports, execution of capital calls and distributions, and waterfall calculations. The role also involves monitoring cash, supporting audits and tax preparation, liaising with internal and external parties to meet deadlines, assisting with treasury functions, and providing ad hoc analyses and reporting.
Qualifications- Bachelor's degree in finance, accounting, or related field.
- 2-5 years of previous financial analysis experience.
- Understanding of GAAP and tax accounting relating to commercial real estate (preferred)
- CPA (preferred)
- Knowledge of financial return metrics such as IRR, MOIC, cash-on-cash yields, etc.
- Proficient with Microsoft Office: Excel, Word, & PowerPoint.
- Experience with Yardi, CoStar, or comparable software (preferred).
- Strong interpersonal skills as well as strong verbal and written communication skills required.
- Ability to interact effectively with senior executives, business vendors, community partners, and investor contacts as needed.
- Ability to work well under time and other constraints.
Key Accountabilities- Fund Accounting & Reconciliations - Perform accurate bank, asset, and liability reconciliations to ensure the integrity of financial data.
- Financial Reporting - Prepare, review, and analyze quarterly and annual financial statements and supporting schedules.
- Investor Reporting - Generate and review analytics for investor reports, ensuring timely and accurate communication.
- Capital Management - Execute investor capital calls, distributions, and monitor cash in accordance with fund and property requirements.
- Waterfall & Fee Calculations - Run and validate waterfall calculations in line with fund documentation.
- Audit & Tax Support - Assist external auditors and tax teams during year-end fund audits and tax preparation.
- Stakeholder Collaboration & Ad Hoc Support - Liaise with internal and external parties to meet deadlines, ensure compliance, and provide additional analyses or reporting as needed.
Physical Demands & Working Conditions - The incumbent in this position is classified as essential staff and is expected to report to work and adhere to all safety and business protocols.
- This position is based out of our Irvine office.
- Frequent sitting and walking.
- Occasional travel to other business offices and events via airline, trains, and automobiles
- Repetitive use of the computer, keyboard, mouse, and phone
- Reading, comprehending, writing, performing calculations, and communicating verbally.
- May work in an elevated site, may walk on uneven ground.
- Occasional squatting, bending neck/waist, twisting neck/waist, pushing, and pulling.
How Avanath Supports YouWe know that our teams are the heart of our success and growth, and we are committed to showing our appreciation.
We offer:
- Culture Built on Purpose and Core Values - a Commitment to Integrity, a Spirit of Caring, and a Focus on Continuous Improvement.
- Comprehensive Benefits - health, dental & vision, 401(k), personal time off, paid holidays and more!
- Growth is based on achievement and an emphasis on promoting from within our ranks versus just external candidates.
- Development - a commitment to creating opportunities to learn and expand your knowledge in the industry, from online training platforms to training classes to one-on-one coaching.
Compensation Range
Compensation Range
$100,000-$112,000 USD
