Fund Accountant in Charlotte, NC at Signature Consultants

Date Posted: 9/3/2019

Job Snapshot

Job Description

Fund Accountant Summary:

Signature Consultants is seeking a Fund Accountant for an opportunity in Charlotte, NC. The Fund Accountant will be responsible for accounting, financial statement preparation, and financial reporting for assigned investment funds. The incumbent will also assist with oversight of third party administered funds.

Essential Duties and Responsibilities:

  • Prepares combined/consolidated financial statements (balance sheet, income statement, member's equity, cash flow, etc.), with footnotes and supporting schedules, for investment funds utilizing various accounting methods - tax, GAAP, Fair Value.
  • Prepares periodic reports and other analysis as needed, including long-term forecasting models, cash flow models, etc.
  • Tracks performance of fund investments; establishes and maintains investor capital accounts, tracks contributions and distributions, and calculates distributions and preferred returns pursuant to operating agreements. Processes periodic investor distributions and prepares investor statements.
  • Reviews offering documents, operating agreements, and any amendments to ensure all transactions, fees, capital accounts, etc. are processed/tracked accurately. Ensures asset management fees and transaction fees are calculated correctly, prepares and submits invoices for approval and payment.
  • Anticipates and projects cash flow and informs management of upcoming cash needs in a timely manner. Coordinates and processes transactions between funds and fund investments accurately and timely.
  • Assists with year-end tax reporting and annual audits for assigned funds. Coordinates and ensures information for funds and fund investments necessary for the preparation of fund tax returns and audits is submitted accurately and timely.
  • Maintains adequate knowledge of various tax and GAAP rules affecting assigned investment funds.
  • Assists with quarterly fair market value updates.
  • Tracks pursuit costs for new acquisitions or development projects for assigned funds.
  • Assists with oversight of third party fund administrator.
  • Assists with operation and maintenance of Yardi Investment Management.
  • Assists other team members with various tasks as needed.

Knowledge/Critical Skills:

  • BS in Accounting or Finance
  • Minimum of three years of accounting and finance experience; preferably in fund accounting; real estate fund accounting experience a plus.
  • Strong attention to detail is essential
  • Familiar with a variety of accounting and finance concepts, practices, and procedures.
  • Strong Microsoft Excel skills; create spreadsheets, formulas, formatting, etc.
  • Experience with real estate industry accounting software preferred, Yardi Investment Management experience a strong plus.
  • Strong software aptitude; can learn new software easily; will be expected to participate on project teams, or lead a project team, in the implementation of new Yardi processes or modules. Will be expected to become an expert in the use of Yardi for fund accounting.
  • Ability to work in a fast paced, multi-tasked environment
  • Ability to work independently
  • Exceptional oral, written, quantitative, analytical, and communication skills required.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

About Signature Consultants, LLC

Headquartered in Fort Lauderdale, Florida, Signature Consultants was established in 1997 with a singular focus: to provide clients and consultants with superior staffing solutions. For the ninth consecutive year, Signature was voted as one of the "Best Staffing Firms to Work For" and is now the 14th largest IT staffing firm in the United States (source: Staffing Industry Analysts). With 27 locations throughout North America, Signature annually deploys thousands of consultants to support, run, and manage their clients' technology needs. Signature offers IT staffing, consulting, managed solutions, and direct placement services. For more information on the company, please visit