Location: New York, NY (Hybrid – 3 days in the office)
Industry: Private Equity / Real Assets / Alternative Investments
Employment Type: Full-Time
Company Overview (Confidential Search) A leading alternative investment firm with a strong presence in real estate and private equity is seeking a highly skilled Investment Accounting Associate to join its dynamic team. With a strong focus on value-driven investments, this firm fosters a collaborative, fast-paced culture with excellent growth opportunities.
Key Responsibilities: - Supervise third-party administrators and review monthly/quarterly property financial statements.
- Convert property financials from tax/historical GAAP, IFRS, or other bases to US GAAP.
- Prepare and review disposition gains, waterfall calculations, and promote allocations.
- Ensure compliance with income recognition and capitalization policies.
- Coordinate year-end property audits and assist with tax return preparation.
- Collaborate with deal teams, asset management, and operations on acquisitions, dispositions, refinances, and capital activity.
- Support valuations and coordinate with audit firms and fund accounting teams.
- Handle ad hoc projects and contribute to cross-departmental initiatives.
Qualifications: - Bachelor's Degree in Accounting, Finance, or a related field.
- 2-6 years of experience in real estate accounting, public accounting, or fund administration.
- Strong understanding of journal entries, financial statements, and financial reporting.
- Advanced Microsoft Excel skills; experience with accounting systems is a plus.
- Detail-oriented, analytical, and highly organized with strong communication skills.
- Proactive and adaptable in fast-paced investment environments.
Compensation & Benefits: - $120,000 - $155,000 base salary plus performance incentives.
- Competitive benefits package and long-term growth opportunities.