Accounting Manager

Accounting Manager, Real Estate Private EquityDowntown Chicago, IL (hybrid, 4 days in office) | $125K to $145K base + 20% bonusA private equity real estate firm in downtown Chicago is adding an Accounting Manager. The firm is a growing fund platform. The founders and finance lead come from large, well known real estate investment managers.This is the #2 finance seat. You report to the Managing Director of Finance, a CPA who came up through public accounting and real estate fund accounting. You own the day to day relationship with the third party fund administrator and review everything they produce. The seat goes well past fund accounting: valuation, investor returns, tax, audits, acquisitions, and board reporting.What you'll ownReview monthly and quarterly closes, financial statements, and schedules from the fund administratorReview fair value adjustments and investment level accountingReview capital activity and quarterly investor reportingCalculate and review investor returns, waterfall, and promoteBuild budget to actual analysis for the fund and the management companyHelp run annual audits and the tax process (estimates, returns, K-1s) with outside advisorsSupport acquisitions: due diligence, new entity setup, bank accounts, onboarding new assetsDocument processes and build scalable tools, including AI enabled review and reportingWhat you bring4 to 7 years of accounting experienceReal estate fund accounting, private equity fund accounting, or public accounting serving private real estate fundsYou can review a close and a set of financials on your own and spot what is wrongWorking knowledge of fair value reporting, capital accounts, and waterfall mechanicsBachelor's in Accounting or FinanceStrong Excel and PowerPointNice to haveCPAExperience overseeing a third party fund administratorAudit and tax coordination for private fundsYardi or a similar investment management systemDetailsHybrid: 4 days in the office in downtown Chicago, Fridays from homeNo travel$125K to $145K base + 20% target bonus, 401(k), medical, dental, vision, PTOFast process: the hiring manager is interviewing nowInterested, or know someone who fits? Call or text Max Kendall at 847-877-9487.