Fund Accountant II
Fund Accountant II
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
Position Summary
The Fund Accountant II is a key accounting role responsible for executing daily fund accounting operations performing monthly financial close activities and supporting internal and external financial reporting. This position acts as a liaison between the servicing company and the fund ensuring clear communication and consistent data accuracy. The ideal candidate has extensive experience in lending and fund accounting within a dynamic fast-paced environment and is comfortable managing evolving financial processes and compliance standards.
Key Responsibilities
Accounting & Reporting
- Prepare monthly financial statements for FGMS including Income Statement Balance Sheet and Cash Flow.
- Perform monthly accruals of interest income interest expense fees and premium amortization.
- Maintain and reconcile the CECL (Current Expected Credit Losses) file monthly.
- Perform monthly reconciliations of sub-ledger and third-party loan servicing data to the general ledger.
Cash & Transaction Management
- Monitor and manage daily cash balances and approve wires and ACH disbursements.
- Reconcile FGMS bank accounts and weekly deposit transfers from the servicer.
- Record corporate debt activity (borrowings draws interest).
REO Accounting
- Reconcile REO (Real Estate Owned) settlement statements and record associated income costs and expenses.
- Prepare and maintain monthly REO reconciliation files.
Audit & Compliance
- Lead third-party and lender audit processes and prepare audit deliverables.
- Ensure compliance with company policies internal controls GAAP and regulatory requirements.
Collaboration & Supervision
- Communicate closely with the Director of Investor Relations and Fund Accountant I.
- May supervise junior accountants as assigned.
Qualifications
- Education: Bachelors degree in Accounting Finance or Business Administration.
- Experience: Minimum 5 years of accounting experience preferably with a focus in fund accounting and lending.
- Technical Skills: Advanced Excel skills required; experience with NetSuite and/or Sage Intacct preferred.
Key Competencies
- Strong attention to detail and organizational skills.
- Ability to manage multiple deadlines and adapt to changing priorities.
- Clear and professional communication skills both written and verbal.
- High level of integrity and commitment to accuracy.
Why Work with Us
- Competitive compensation and benefits package.
- Opportunity to support a growing and evolving financial services business.
- Collaborative and professional work environment.
Employment Type
Full-Time
