Senior Fund Accountant

Endeavor Real Estate Group•Austin, TX

About The Position

The Senior Fund Accountant handles core accounting activities, including receiving and processing data for stakeholders, reviewing and analyzing financial transactions, and reporting across Endeavor’s funds. The role supervises an offshore team responsible for Endeavor’s flagship fund and reviews the fund administrator’s books and records for three other private real estate funds. It requires an in-depth understanding of fund accounting, financial analysis, and the real estate industry. This is a highly visible role that calls for strong attention to detail in support of the fund accounting team’s objectives.

Requirements

Bachelor’s degree (B.A. or B.S.) in Finance, Accounting, Business, or a related field from a four-year college or university.
3–5 years of experience in an accounting role.
Excellent knowledge of GAAP and extensive understanding of income statements, balance sheets, general ledgers, and consolidation.
High proficiency in Microsoft Office Suite, especially Excel.
Self-motivated, with the judgment to recognize when direction from a manager is needed.
Strong organizational and time-management skills and careful attention to detail.
Flexibility in managing conflicting task deadlines.
Effective oral and written communication skills and the ability to build positive, productive relationships within the organization.

Nice To Haves

Public accounting experience.
Experience with Yardi and Juniper Square accounting software.

Responsibilities

Review fund administrator general ledger activity, including journal entries, intercompany activity, cash and other balance sheet reconciliations, and month- and quarter-end closing procedures.
Independently maintain and track fund investment activity and update the fund administrator team weekly.
Assist the accounting manager in reviewing monthly and quarterly fund administrator financial reports for both funds.
Review quarterly capital account activity and generate PCAPs.
Oversee fund administrator tracking of cash activity for capital calls and distributions in the accounting system and investor-facing portal.
Review quarterly management fee calculations for both funds.
Work with fund analysts and property accounting teams to calculate quarterly asset valuations and coordinate their recording with the fund administrator.
Coordinate treasury needs with the offshore team and review its support for distributions, weekly payment runs, acquisitions, and construction draws for fund projects.
Review weekly cash trackers and intercompany allocations prepared by the offshore team for all four funds and 13 entities.
Review five monthly, quarterly, and yearly consolidated fund financial reports prepared by the fund accountant across all four funds.
Review monthly and quarterly debt and guarantee reports for all four funds, including real estate and contingent liability schedules maintained by the offshore team.
Coordinate loan draws with the offshore team for the four funds, monitor due dates, and issue paydowns.
Oversee full general ledger accounting for 35 fund co-investment entities.
Review tax entries in the accounting system and investor portal for 48 entities.
Assist the manager with cash call and distribution calculations for 13 fund entities and 35 co-investment entities, coordinating recording with the relevant offshore or fund administrator team in the accounting system and investor-facing portal.
Collaborate with other business units to document significant transactions.
Contribute to assigned special projects intended to improve processes and procedures across the accounting organization.
Support the fund manager with external auditor requests and help manage the audit timeline.