Sr. Associate - Real Estate Group

Job Description

Job Description

We are looking for a Senior Associate to join the Real Estate Group of a respected private equity firm based in Boston, Massachusetts. In this role, you will play a critical part in overseeing accounting and reporting processes for a diverse portfolio of direct real estate investments. This position offers the opportunity to collaborate with various internal teams and external partners, ensuring the financial success of a wide range of asset sectors.

Responsibilities :

• Manage accurate accounting and reporting for real estate investments on a monthly and quarterly basis, including reviewing promote and management fee calculations.
• Maintain regular communication with joint venture partners to discuss financial operations and transactions.
• Collaborate with the fund administrator to review and ensure the accuracy of quarterly and annual financial statements.
• Perform weekly fund cash availability analyses to assess loan drawdowns and repayments.
• Coordinate and review investor-level capital calls and distribution notices, ensuring accuracy and timeliness.
• Evaluate internal valuations and external appraisals of real estate assets, preparing detailed materials for the Valuation Committee.
• Work closely with cross-functional teams such as Investment, Portfolio Analytics, Tax, and Legal on financial matters related to investments and funds.
• Oversee the completion and accuracy of fund-level audits by liaising with auditors.
• Review annual property budgets and monitor budget-to-actual variances, providing insights and recommendations.
• Lead special projects aimed at improving internal processes and team efficiency.
• Minimum of 2 years of experience in accounting, finance, or a related field, with a focus on real estate or investments.
• Strong expertise in month-end close processes, including journal entries and account reconciliations.
• Proficiency in general ledger management and financial statement preparation.
• Familiarity with bank reconciliations and cash flow analysis.
• Ability to analyze complex financial data and provide clear, actionable insights.
• Excellent communication skills for effective collaboration with internal teams and external partners.
• Experience working with valuation processes and financial audits.
• Knowledge of relevant industry and accounting standards applicable to real estate investments.

Interested candidates should apply here but can also connect with John Bresnahan on LinkedIn for further emphasis of interest.