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Fund Accountant

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Next Step Recruitment
Full Time position
Listed on 2026-01-12
Job specializations:
  • Finance & Banking
    Financial Reporting, Financial Analyst, Accounting Manager, Tax Accountant
  • Accounting
    Financial Reporting, Financial Analyst, Accounting Manager, Tax Accountant
Salary/Wage Range or Industry Benchmark: 100000 - 125000 USD Yearly USD 100000.00 125000.00 YEAR
Job Description & How to Apply Below

Overview

A Chicago-based real estate investment firm, backed by institutional capital and operating across both single-family rental (SFR) and multifamily portfolios, is seeking a Fund Accountant to join its growing finance team. The firm combines entrepreneurial energy with disciplined, data-driven execution and is currently expanding its fund platform and accounting infrastructure.

The Opportunity

The Fund Accountant will oversee the day-to-day accounting, reporting, and analysis for the firm’s real estate investment funds — with a focus on SFR assets. This role ensures accuracy and integrity at the fund level
, turning property-level activity into investor-ready financial statements. It’s a hands‑on, technical position ideal for someone who enjoys both precision and process improvement.

Key Responsibilities
  • Prepare monthly, quarterly, and annual financial statements for investment funds.
  • Calculate and reconcile Net Asset Value (NAV) and investor capital balances.
  • Record journal entries, accruals, and allocations of fund income and expenses.
  • Reconcile cash, intercompany, and investment balances.
  • Prepare investor capital statements and support quarterly investor reporting.
  • Collaborate with Investments on valuation inputs and performance analysis.
  • Review and reconcile data flows between Yardi and internal systems (Excel-based).
  • Support annual audits — prepare work papers and liaise with auditors.
  • Participate in process automation, data integrity, and system improvement initiatives.
What This Role Is Not
  • Not responsible for property-level accounting (AP, AR, rent rolls, etc.).
  • Not an investor relations or fundraising role — supports these teams through data.
  • Not a management role — this is an individual contributor position.
Skills & Experience
  • 2–5 years of experience in fund or real estate accounting.
  • Real estate fund background preferred (SFR or multifamily).
  • Experience from fund administration (SS&C, Alter Domus, JTC), public accounting (real estate/fund audit clients), or in‑house fund accounting.
  • Strong understanding of GAAP and experience preparing audited financials.
  • Advanced Excel skills (lookups, pivots, reconciliations).
  • Familiarity with Yardi or Real Page is a plus.
  • Comfortable working across multiple entities and large datasets.
  • Clear, concise communicator who can partner with non-accounting teams.
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