Senior Fund Accountant - Real Estate
At a glance
Senior Accounting role at Alter Domus Participations. Chicago · $60,000–$105,000 base.
financeroles summary, based on the employer's posting.
What you'll do
- Guide and train associate and fund accountants, while taking the lead on projects and contributing your judgment
- Answer auditor questions and stay in contact with clients and property managers
- Prepare and check client reports covering financial results, returns, property activity and variances
- Assess returns against benchmarks, review property budgets and help build annual fund budgets and business plans
- Set cash distributions around property goals and fund plans, then verify accounting records and agreement compliance
What you bring
- A bachelor’s degree in accounting
- At least two years working in real estate accounting and analysis
- Strong Excel skills, clear communication and organization, and the ability to meet deadlines in a fast-moving team
Who this fits
This senior Chicago role suits someone ready to oversee and develop accounting staff while handling real estate fund reporting and analysis. Big Four experience, supervisory background, Yardi knowledge and a CPA are presented as preferences rather than core requirements.
From the employer
ABOUT US:
As a world leading provider of integrated solutions for the alternative investment industry, Alter Domus (meaning “The Other House” in Latin) is proud to be home to 90% of the top 30 asset managers in the private markets, and more than 6,000 professionals across 24 jurisdictions.
With a deep understanding of what it takes to succeed in alternatives, we believe in being different in what we do, how we work, and most importantly in how we enable and develop our people. Invest yourself in the alternative, and join an organization where you progress on merit, where you can speak openly with whoever you are speaking to, and where you will be supported along whichever path you choose to take.
Find out more about life at Alter Domus at careers.alterdomus.com
Senior Fund Accountant / Assistant Fund Manager (Real Estate)
Alter Domus is currently seeking a Senior Fund Accountant / Assistant Fund Manager to join our Fund Administration Real Estate Team in Chicago.
JOB DESCRIPTION:
- Supervise, mentor, and train a team of Associate and Fund Accountants
- Develop leadership skills by demonstrating a willingness to lead projects and offer input
- Respond to auditor queries
- Communicate and interact with property manager(s) and client(s)
- Prepare/review monthly, quarterly, and annual reports for clients, including financial information, performance returns, property operations, and variance analysis
- Calculate and review various performance returns and provide comparisons to benchmarks
- Review property budgets and help prepare the fund/account’s annual budget and business plan
- Determine appropriate cash distributions considering property objectives and fund/account strategic plans
- Prepare, review, analyze, and interpret accounting records, financial statements, footnotes, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards
- Review documents to ensure compliance with IM and JV agreements
YOUR PROFILE:
- Bachelor’s degree in accounting
- Minimum of 2 years of real estate accounting and analysis experience
- Big 4 experience preferred
- Proficiency in Excel
- Excellent communication and organization skills
- Deadline-driven
- Ability to work efficiently in a fast-paced team environment
- Supervisory experience a plus
- Experience in Yardi software a plus
- CPA desirable
The budgeted salary range for this role is $60,000 - $105,000+ based on level of experience.
WHAT WE OFFER:
We are committed to supporting your development, advancing your career, and providing benefits that matter to you.
Our industry-leading Alter Domus Academy offers six learning zones for every stage of your career, with resources tailored to your ambitions and resources from LinkedIn Learning.
Our global benefits also include:
- Support for professional accreditations
- Flexible arrangements, generous holidays, plus an additional day off for your birthday!
- Continuous mentoring along your career progression
- Active sports, events and social committees across our offices
- 24/7 support available from our Employee Assistance Program
- The opportunity to invest in our growth and success through our Employee Share Plan
- Plus additional local benefits depending on your location
Equity in every sense of the word:
We are in the business of equity, in every sense of the word. For us, this means taking action to ensure every colleague has equal opportunity, valuing every voice and experience across our organisation, maintaining an inclusive culture where you can bring your whole self to work, and making Alter Domus a workplace where everyone feels they belong.
We celebrate our differences, and recognise that our success relies on diverse perspectives and experiences, as we work towards shared goals and a common purpose. We take pride in creating a workplace where all our people are empowered to be truly invested in the alternative and bring their whole selves to work.
We are committed to ensuring a welcoming recruiting and onboarding process for everyone. Please contact our hiring team if you require any accommodations to make our recruitment process more accessible for you. Alter Domus is an Equal Opportunity Employer: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.
(Alter Domus Privacy notice can be reviewed via Alter Domus webpage: https://alterdomus.com/privacy-notice/)