Director, Fund Accounting and Reporting

Core Spaces•Chicago, IL

4d•$160,000 - $190,000•Hybrid

About The Position

This position within Core Spaces embraces ambition and innovation to serve the Core Spaces development and operating funds. The Fund Accounting & Reporting Director is responsible for the oversight and management of financial statement preparation and annual audit, accounting month-end close, cash management, as well as investor communication and deliverables.

Requirements

Bachelor’s degree in accounting or finance required; CPA or Masters’ preferred
Minimum of 8 years of experience across public accounting and/or the real estate industry
Background in accounting for various types of entities, including private equity funds and REIT’s
Experience in Yardi and Proficiency in Microsoft Office
Excellent interpersonal and organizational skills
Ability to multi-task and manage shifting priorities in a fast-paced environment
Attention to detail and high level of accuracy

Nice To Haves

Valuations within the Real Estate Sector
Fair value technical accounting in accordance with the Investment Company Guide
Leading and executing process improvement initiatives.

Responsibilities

Maintain active oversight of the monthly accounting close calendar, including management of process flow, suggesting and incorporating policies and procedures to improve efficiency and change management in alignment with all Finance and Accounting Teams.
Review governing documents of the Funds to ensure compliance.
Perform analysis over Fund performance and communicate results, including cash management, IRR, and performance fees.
Play an active role in the Valuation process, ensuring compliance with Valuation Policies.
Review of external financial statements and internal deliverables to executives for completeness and accuracy.
Serve as the technical accounting resource for accounting matters, including financial reporting and transactional guidance in accordance with GAAP, Investment Company Guide, and REIS. Prepare technical accounting memos of positions taken by the Fund.
Oversee Fund Audits and coordination with external auditors to ensure timely completion.
Act as key point of contact with Fund Administrator and other related parties to ensure timely and accurate communication with Investors.
Lead Accounting Managers or other support staff as necessary for department operations. Builds employee engagement, morale and motivation.
Own continuous improvement of processes and procedures
Occasional travel may be necessary as needed
Perform all other duties and tasks as assigned by management
Must be able to complete all physical requirements of this role with or without a reasonable accommodation

Benefits

A culture that provides you with a sense of belonging
Hybrid or remote work options may vary by role to support work-life balance
Competitive pay that values your contributions
Incentives designed to reward your achievements
Paid flexible PTO to disconnect or celebrate life milestones
Paid 14+ holidays, including your birthday, to disconnect and celebrate
Paid Parental Leave that begins after 90 days
Paid volunteer time off to give back to your community
Monthly workshop weeks; fewer meetings & more collaboration
Robust health plan options that begin within at least 30 days of your employment
Monthly phone reimbursement
Wellness allowance and perks, including a yearly subscription to a meditation app
An environment that provides you a voice to share your perspectives
Employee Assistance Program (EAP) for access to confidential support services
Company retirement options including 401(k) + matching & Roth account option