Manager, Accounting

POSITION PURPOSE:

The Manager, Accounting is responsible for delivering accurate, timely, and GAAP compliant financial reporting for infrastructure investments across multiple asset and fund structures. This role oversees monthly and quarterly accounting, consolidations, fair value measurement, and analytical review to support portfolio performance insights and decision making.

The position partners closely with portfolio management, valuations, tax, treasury, as well as internal and external auditors to ensure the integrity of financial data throughout the investment lifecycle-from acquisition through disposition. The role also contributes to new investment onboarding, transaction activity, and ongoing liquidity management within complex investment structures.

RESPONSIBILITIES:

Close Process and Controls

• Support quarterly close processes, ensuring timeliness and accuracy.
• Prepare/review portfolio company estimated results as part of the fund close process.
• Prepare/review portfolio company results and uploads along with lookback analysis to estimates.
• Review of balance sheet reconciliations and analytical reviews of investment level performance.
• Investigate and resolve breaks or variances in data, calculations, or reporting.
• Assist in enhancing controls, documentation, and standard operating procedures.

Financial Reporting

• Prepare schedules and support for audits, tax preparation and valuations.
• Review quarterly and annual financial statements and footnotes, including consolidated and fair value reporting as required under GAAP.
• Assist with investor statements, capital account reporting, and performance reporting.
• Review of asset and fund level returns and help prepare analytical review of variances.
• Manage audit process with external auditors for financial statement audit and audit of internal controls.

Transaction support

• Accounting for acquisition and disposition of investments and booking of required funding.
• Undertake technical accounting analysis to support accounting determinations as required.

Management and Incentive Fee Calculations

• Calculate and review management fees in accordance with governing documents (LPAs, IMAs, side letters).
• Calculate incentive allocations/performance fees, including hurdle rates, preferred returns, catch-ups, and crystallization mechanics.
• Maintain detailed support for fee calculations and respond to internal and external inquiries.
• Coordinate management fee capital calls, fee accruals, true-ups, and allocations at the fund and investor level.

EDUCATION/EXPERIENCE REQUIREMENTS: (including certification, licenses, etc.)

• Bachelor’s degree with emphasis in Accounting, Finance or related field.
• 5+ years’ previous related Fund Accounting plus Yardi Investment Accounting module is preferred.
• Knowledge of various asset classes, including open and closed-end real estate fund structures (subsequent closes, capital calls, distributions), PE fee structures (management fees and carried interest) valuation approaches (NAV) and impacts to accounting.
• Prior Fund accounting experience including preparation/reviews full-cycle accounting of assigned portfolio of fund(s), co-investments, investments including preparation and analysis of the financial statements, general ledgers, subsidiary ledgers in Yardi platform.

ABOUT YOU:

• Ability to work independently, identify, and proactively troubleshoot issues in Yardi Investment Management to meet deadlines with minimal supervision.
• Effective communication skills, both written and oral, and strong attention to detail.
• Proactive and collaborative team player with strong work ethic.
• Strong financial and system acumen and exceptional problem-solving skills.
• Adapt quickly to changes, work efficiently in a dynamic fast-paced work environment.