What are the responsibilities and job description for the Fund Accounting Manager position at Peachtree Group?
Peachtree Group is a privately held, fully integrated real estate investment firm specializing in investment management, lending, and servicing. The company strategically owns, operates, manages, and develops hotels while also investing in hotel and commercial real estate assets across the United States. Through its affiliate, Peachtree Group Hospitality Management, the firm oversees the performance of more than 100 hotels, spanning 27 brands and over 14,000 rooms across 26 states.
The Fund Accounting Manager oversees the accounting for a diverse portfolio of investments, including securities, commodities, and real estate within an investment fund. This fast-paced, deadline-driven role requires precision and efficiency to meet daily reporting requirements.
Responsibilities:
• Maintain monthly cash logs.
• Track share for REIT investors.
• Responsible for the financial package review monthly from our fund administrator.
• Ensure the accurate and timely preparation of financial statements and reports.
• Review and approve reconciliations, valuations, and other accounting activities.
• Prepare and review periodic financial reports for stakeholders.
• Ensure compliance with GAAP, IFRS, and other relevant accounting standards.
• Coordinate audits and provide necessary documentation and support to auditors.
• Reconcile accrual/payment schedules for our PACE lending side.
• Ensure compliance with regulatory requirements, including SEC, IRS, and other relevant
bodies.
• Stay updated on changes in regulations and accounting standards that impact fund
accounting.
• Implement and maintain internal controls to ensure compliance.
Qualifications:
• BS Degree in Accounting required- CPA or CPA candidate preferred.
• At least 3-4 years of Real Estate Fund Accounting experience preferred.
• REIT experience preferred.
• Advanced Excel skills.
• Able to multitask and perform tasks under strict deadlines.
• Attention to detail and strong organizational skills.
Peachtree Group provides a comprehensive benefits package, including medical, dental, vision, disability, and life insurance. We also offer a generous 401(k) retirement match. To support work-life balance, we provide Paid Holidays and Paid Time Off. Additional perks include access to our Employee Assistance Program and Fund.
