Associate Fund Accountant - Separate Accounts

Harrison Street is a leading investment management firm exclusively focused on alternative real assets. Headquartered in Chicago with offices in London, San Francisco, Toronto and Washington DC and New York the firm has more than 280 employees and over $55 billion in assets under management. Clients of the firm include a global institutional investor base domiciled in North America, Europe. Asia-Pacific, Middle East and Latin America.

The Firm is seeking to hire an Accounting Associate to join their Portfolio Accounting & Reporting team. The ideal candidate will have at least two years accounting experience and be successful working in a fast-paced team environment. Specific duties will include:

• Prepare opening and closing entries for acquisitions and dispositions of properties.
• Coordinate with joint venture partners/3rd party managers to obtain property-level financial information and build an effective working relationship.
• Perform detailed review of property-level financial information and monthly reporting packages and record adjustments as necessary on a fair value basis of accounting.
• Partner with internal teams to consolidate property and fund level financial activity to support the preparation of monthly, quarterly, and annual financial statements for assigned funds.
• Monitor and manage fund-level bank accounts, process accounts payable and cash disbursements and record entries to the Yardi general ledger.
• Record investor level activity and generate investor deliverables (Account Statements, Capital Call & Distribution Notices) ensuring all calculations are accurate and timely.
• Calculate quarterly and annual management and incentive fees for assigned funds.
• Assist Portfolio Management team with fund level cash analysis and projections to determine cash needs or cash availability for distribution.
• Prepare quarterly fund level expense variance analysis and annual fund level budgets.
• Prepare responses for on-going investor/consultant requests relative to investor reporting.
• Collaborate with PM operations, investor relations and compliance teams.
• Work directly with independent auditors to complete year end Fund audits and tax filings.
• Other duties as assigned.

• Bachelor’s degree in accounting or finance; CPA (or working towards) preferred.
• 2+ years of accounting experience with real estate or financial services experience preferred.
• Strong analytical abilities and perseverance to solve problems with high attention to detail.
• Ability to perform well under pressure, be adaptable, and take initiative.
• Strong organizational, written and verbal communication skills.
• Continuous improvement mind-set: ability to seek out and implement best practices.
• Yardi general ledger experience preferred.
• Workiva financial reporting platform experience preferred.
• Proficient in Microsoft Excel.

$80,000 - $105,000 a year

For Illinois Only: The expected base salary range for this position is $80,000 to $105,000. Actual salaries may vary based on a number of factors, including skills, experience, and qualifications.

In addition to base salary, total compensation at Harrison Street includes a generous discretionary bonus, along with a comprehensive range of benefits — including medical, financial, and wellness programs — designed to support our employees both professionally and personally.

Harrison Street is proud to be an equal opportunity employer committed to diversity, equity and inclusion in the workplace and is an affirmative action employer. All qualified applicants will receive consideration for employment without regard to veteran status, uniform service member status, race, color, religion, sex, national origin, age, physical or mental disability, genetic information or any other protected class under federal, state, or local law.

If you require accessibility assistance applying for open positions, please contact our ADA Accessible Line at (312) 920-0500 or [email protected]. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

Harrison Street does not accept unsolicited headhunter and agency resumes. Harrison Street will not pay fees to any third-party agency or company that does not have a signed agreement with Harrison Street.