Fund Accountant

Overview

Avanath Capital Management is a residential real estate investment company seeking an intelligent self-starter who is detail-oriented, eager to learn, and will be a valuable addition to the team. The Senior Fund Accountant position is a high-growth position that will be responsible for various phases of accounting and financial reporting under the direction of the Fund Controller.

The Role

At Avanath, we believe that great things happen when talent and opportunity cross paths. We empower our employees to be successful by promoting diversity and teamwork within a positive, rewarding atmosphere.

We are seeking a detail-oriented and proactive Senior Fund Accountant to manage fund accounting activities, including bank and asset reconciliations, preparation and analysis of financial statements and investor reports, execution of capital calls and distributions, and waterfall calculations. The role also involves monitoring cash, supporting audits and tax preparation, liaising with internal and external parties to meet deadlines, assisting with treasury functions, and providing ad hoc analyses and reporting.

Qualifications

• Bachelor’s degree in finance, accounting, or related field.
• 2-5 years of previous financial analysis experience.
• Understanding of GAAP and tax accounting relating to commercial real estate (preferred)
• CPA (preferred)
• Knowledge of financial return metrics such as IRR, MOIC, cash-on-cash yields, etc.
• Proficient with Microsoft Office: Excel, Word, & PowerPoint.
• Experience with Yardi, CoStar, or comparable software (preferred).
• Strong interpersonal skills as well as strong verbal and written communication skills required.
• Ability to interact effectively with senior executives, business vendors, community partners, and investor contacts as needed.
• Ability to work well under time and other constraints.

Key Accountabilities

• Fund Accounting & Reconciliations – Perform accurate bank, asset, and liability reconciliations to ensure the integrity of financial data.
• Financial Reporting – Prepare, review, and analyze quarterly and annual financial statements and supporting schedules.
• Investor Reporting – Generate and review analytics for investor reports, ensuring timely and accurate communication.
• Capital Management – Execute investor capital calls, distributions, and monitor cash in accordance with fund and property requirements.
• Waterfall & Fee Calculations – Run and validate waterfall calculations in line with fund documentation.