Fund Accountant

Next Step Recruitment • Chicago, IL

14d

About The Position

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. 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.

Requirements

• 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).
• Comfortable working across multiple entities and large datasets.
• Clear, concise communicator who can partner with non-accounting teams.

Nice To Haves

• Familiarity with Yardi or RealPage is a plus.

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 workpapers and liaise with auditors.
• Participate in process automation, data integrity, and system improvement initiatives.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed