Fund Accounting Manager

Endeavor Real Estate Group•Austin, TX

15h

About The Position

The Fund Accounting Manager is responsible for accounting, financial and performance reporting for Endeavor funds, while managing the relationship and coordinating workflows with an offshore accounting team based in India. The role requires an in-depth understanding of GAAP, fund accounting, financial analysis and the real estate industry. It is highly visible and calls for strong attention to detail in support of the fund accounting team’s objectives. The position works with onshore leadership, offshore accountants, senior fund accountants, the controller, Investor Relations, internal development teams, tax preparers, third-party administrators and other business partners. It supports fund close and reporting, investor and tax matters, audits, and process improvement. Endeavor Real Estate Group describes itself as a growing company offering a professional, innovative and collaborative work environment.

Requirements

Bachelor’s degree (B.A. or B.S.) in Finance, Accounting, Business or a related field from a four-year college or university.
At least 5 years of accounting experience.
Excellent knowledge of GAAP and extensive understanding of income statements, balance sheets, general ledgers and consolidation.
Ability to communicate and educate others on complex accounting principles.
Ability to make decisions and act accordingly.
Ability to handle confidential information and use discretion in decision making.
Strong organization, task management and time management skills to achieve timely team deliverables.
Effective oral and written communication skills and ability to build positive, productive relationships within the organization.

Nice To Haves

Public accounting experience is highly desirable.

Responsibilities

Act as the primary liaison between onshore leadership and the offshore accounting team.
Monitor workload allocation and deliverable metrics to drive timeliness and accountability for the offshore team.
Provide guidance and training to offshore staff as required and ensure quality control across their deliverables.
Establish processes, controls and accounting templates across funds as needed.
Review and approve detailed transactional entries and reconciliations for month- and quarter-end closing procedures performed by a third-party administrator and/or the offshore accounting team.
Review 35 bank reconciliations prepared by the offshore team.
Review equity and construction draws prepared by construction and property teams, and work with the offshore team to prepare funding once approved for 15 projects across all funds.
Collaborate with the senior fund accountant to review fund financials prepared by a third-party administrator and/or the offshore accounting team and ensure timely delivery of debt and guarantor reporting, investor financial reporting and other ad hoc reports.
Perform the final review of quarterly fund accounting calculations for NAV, management fees, capital calls and distributions.
Work with the Investor Relations team to address investor inquiries regarding capital calls, distributions and audit confirmations.
Collaborate with internal development teams on asset acquisitions and dispositions, and support the senior fund accountant with related documentation and significant transactions.
Coordinate with the fund tax preparer and controller on quarterly tax estimates, preparation and review of K-1s, and federal and state filings.
Support annual fund audits with the controller, review financial statements and footnote disclosures, and help ensure timely completion.
Identify opportunities for process improvement and design and implement changes on the fund accounting team.
Collaborate with internal and external business partners to research technical accounting guidance.