Ascend Group · 3 weeks ago
Fund Accountant - Real Estate
San Francisco, CA
Full-time
Onsite
Entry, Mid Level
$85K/yr - $105K/yr
2+ years expAscend is looking for a Real Estate Fund Accountant to work closely with the Accounting Manager and Controller. The role involves performing fund accounting for various real estate funds and includes responsibilities such as analyzing cash, approving expenses, and preparing financial statements in accordance with NCREIF and GAAP standards.
Financial ServicesFinTech
Responsibilities
Analyzing cash for each investment portfolio
Approving expenses for the fund
Responding to investor questions
Consolidating and reconciling investment accounts for funds, joint ventures, and co-investments
Recording month end journal entries
Reconciling the balance sheet and general ledger
Leading quarterly closing processing - preparing financial statements and footnotes in accordance with NCREIF and GAAP standards
Preparing investor reporting packages
Performing REIT testing and managing distributions
Maintaining capital accounts
Preparing financial packages for auditors and support year-end audits
Preparing financial packages for tax accountants and review tax partnership tax returns
Assist with analysis on acquisitions and dispositions
Review and interpret LP Agreements, LLC Agreements, and Loan Agreements
Qualification
Required
Bachelor's degree in accounting
2-4 years accounting experience in real estate or private equity
Advanced Excel experience
Strong working knowledge of partnership and fund accounting concepts
Self starter and highly motivated; ability to work independently and proactively communicate
Extremely organized with strong follow
Strong professional written and verbal communication skills
Preferred
MRI and Juniper Square experience - highly preferred
Benefits
Medical, Dental, Vision
PTO
401-k
Company
Ascend Group
Ascend Group is an information technology company that specializes in the fields of cloud centers, fintech, and E-commerce.
1001-5000 employees
Funding
Current Stage
Late StageCompany data provided by crunchbase