Senior Fund Accountant

Jonathan Rose Companies is one of the country’s leading developers and investors in sustainable, affordable, and mixed-income multifamily real estate. The company’s mission is to strengthen communities of opportunity by developing innovative real estate solutions that build value, enhance resilience, and cultivate well-being.

The Senior Fund Accountant is responsible for the financial dealings of multiple funds, including financial statements to all investors and reporting requirements to SEC and agencies. They are responsible for the release of external reports to third party users. Additionally, the Senior Fund Accountant manages and runs fund accounting and indirectly supports asset management and acquisitions.

The Jonathan Rose Companies Senior Fund Accountant will be primarily responsible for the accounting of various portfolios comprised of real estate investments and their associated operations. 

Primary Responsibilities Include:

Fund Level

• Prepare quarterly financial statements for various equity fund vehicles while ensuring timely release to investors.
• Review quarter management fees calculation
• Prepare/review monthly bank reconciliation
• Calculate payables allocation for all invoices allocated across entities.
• Prepare disposition entry for sold assets and acquisition entry for newly acquire assets
• Maintain “Waterfalls” calculation for Funds and underlying investments
• Foster relationships with auditors for annual year-end audit
• Assist Director of Finance with tax preparation and getting K-1 to investors
• Assist with special projects as directed by the IPG team

Property Management/Asset Management

• Review property managers monthly package
• Assist Asset Management team with annual property budgets
• Support Asset Management team in on-going operational matters

Investors Relationship and Support

• Complete fund investor requests including side letter requirements, audit confirmations and tax estimates.
• Review quarterly investors letters for required accounting data
• Review investors capital calls when funding is applicable
• Review distributions to investors when applicable

Operation – Day to Day

• Perform cash management for the Funds to ensure a level of liquidity is achieved
• Compliance and Risk management
• Review daily cash to ensure Funds do not have overdrafts
• Liaison with Yardi and Property Managers relating to Yardi issues