Real Estate Fund Accounting
Location: Bangalore
Department: Fund Services
Vacancy Type: Permanent
Work Timings: APAC Shift
Work Mode: Hybrid
Role Overview
The Fund Accountant will support day‑to‑day accounting and reporting for real estate funds and SPVs, including NAV preparation, financial statement support, and investor reporting.
Key Responsibilities
- Perform day‑to‑day accounting and bookkeeping for real estate funds and SPVs, including recording journal entries and maintaining accurate ledgers.
- Prepare monthly and quarterly NAV packs, supporting schedules, and reconciliations (bank, loans, AP/AR, intercompany).
- Assist with valuation updates, transaction accounting (acquisitions, disposals, financing), and period‑end close activities.
- Prepare investor capital statements, waterfall workings, and periodic investor reporting.
- Support audit requests, financial reporting deliverables, and overall WTC (work-to-complete) requirements to meet client deadlines.
- Ensure all accounting records, documentation, and processes are maintained accurately and in compliance with internal controls.
- Monitor cash positions, prepare cash reconciliations, and track fund expenses.
- Maintain documentation for fund activities, supporting schedules, and workpapers in an organized manner.
- Assist in preparing ad hoc reports and responding to client queries as needed.
- Proven experience in fund and property accounting, NAV calculation, and financial statement preparation for real estate funds.
- Demonstrated ability in transitioning real estate funds from onshore locations and effectively onboarding new clients.
- Exceptional skills in building and maintaining client relationships, coupled with strong communication abilities.
- Strong grasp of accounting principles and experienced in managing audit requirements. - Proficient in Yardi Voyager, Microsoft Office, and macro-enabled workbooks.
- 2-5Years of relevant experience in real estate fund accounting is essential.
Hold a postgraduate degree in Commerce, an MBA in Finance, or professional qualifications such as CA, CMA, CPA, or CFA.
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Skills Required
- Proven experience in fund and property accounting, NAV calculation, and financial statement preparation for real estate funds.
- Demonstrated ability in transitioning real estate funds from onshore locations and effectively onboarding new clients.
- Exceptional skills in building and maintaining client relationships, coupled with strong communication abilities.
- Strong grasp of accounting principles and experienced in managing audit requirements. - Proficient in Yardi Voyager, Microsoft Office, and macro-enabled workbooks.
- 2-5Years of relevant experience in real estate fund accounting is essential.
- Hold a postgraduate degree in Commerce, an MBA in Finance, or professional qualifications such as CA, CMA, CPA, or CFA.
