Longmark Group · 3 weeks ago
Fund Accountant (Real Estate)
United States
Full-time
Remote
Mid Level
3+ years expLongmark Group is an alternative asset management platform specializing in residential real estate. They are seeking a Fund Accountant who will be responsible for financial data preparation, reconciliations, and expense management, while collaborating with property management and asset management teams.
Financial Services
Responsibilities
Financial Data Preparation: Import financial data (1,000–25,000 lines) to complete asset-level journal entries for comingled and PE fund investment vehicles
Reconciliations: Perform bank reconciliations and maintain balance sheet account reconciliations to ensure accurate financial reporting
Expense Management: Review and approve property managers’ weekly draw requests for funds required to cover operating expenses and capital expenditures
Variance Analysis: Review and prepare variance analyses on third-party property managers’ financial statements, investigating unusual fluctuations and unexpected activities
Property Tax Management: Maintain tracking databases to ensure timely payment and accurate recording of property taxes across the portfolio
Policy Oversight: Assist in developing and ensuring adherence to internal policies and procedures, including cash management, bad-debt write-offs, and expense capitalization
Reporting & Analysis: Prepare recurring and ad hoc analyses of revenue, expenses, and capital expenditures at the portfolio and asset levels for senior management and external investors
Cross-Team Collaboration: Work closely with and support internal and external property management and asset management teams as needed
Cash Projections: Collaborate with the capital markets team to maintain forward-looking projections of the cash position for each investment vehicle
Qualification
Required
A Bachelor's degree in accounting or finance required
Three (3) years experience in accounting for a multifamily or single-family rental (SFR) owner/manager
Proficient in Excel and General Ledger/Property Management Software Program is required
Ability to effectively present and information and respond to questions from management, vendors, and associates
Adhere to tight deadlines and quick turnaround for deliverables
Strong written and oral skills
Accurate with a strong attention to detail
Preferred
Experience with Propertyware and/or NetSuite
Benefits
401(k) w/match
Choice between hybrid and fully remote work
Flexible PTO (with a 3-week minimum)
9 paid holidays
Company
Longmark Group
Longmark is a vertically integrated residential real estate investment firm headquartered in New York City focused on delivering strong, risk-adjusted returns.
201-500 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase