Private Equity Funds Accounting Manager

Private Equity Funds Accounting Manager

Join Bell Partners and be a difference maker. At Bell Partners, our mission is to be the apartment company of choice by creating value and honoring commitments to our residents, partners, and associates. We proudly serve our community of 85,000+ homes across 13 states and the District of Columbia. As stewards entrusted to contribute with care and appreciation, our 2,000 associates succeed in a dynamic space where everyone impacts. We take pride in producing outstanding results and fostering a work environment that allows everyone to contribute to their fullest potential. We rise above industry standards when every associate embraces their unique role and seizes the opportunity to make an impact.

The Private Equity Funds Accounting Manager is a dynamic professional with proven experience in accounting. This role applies advanced accounting principles to analyze financial data, review work prepared by team members, and ensure all accounting and reporting aligns with operating agreements. The manager oversees fund accountants and is responsible for meeting all audit, tax, and investor reporting deadlines.

Key Responsibilities :

• Oversee profit and loss statements and monthly closings using GAAP equity method for private equity funds and portfolios.
• Demonstrate technical knowledge in consolidations, equity method accounting, and GAAP financial statement presentation.
• Guide fund accountants in compiling and analyzing financial data, preparing general ledger entries, and documenting transactions.
• Establish, maintain, and implement accounting controls and procedures.
• Conduct technical accounting research and draft memos as needed; write clear footnotes for quarterly and annual reports to explain complex transactions to investors.
• Develop and refine processes for fund accountants to enhance team efficiency.
• Communicate accounting policies and reports to staff, investors, and owners.
• Review and manage debt and hedge reporting.
• Collaborate with external auditors for audits and tax requests.
• Prepare and review investor-specific reports; serve as the primary contact for fund operations across multiple real estate funds, delegating tasks as needed.
• Calculate and interpret performance metrics such as IRR, cash yields, and equity multiples.
• Oversee investor capital accounts and accrued preferred return waterfalls.
• Translate operating agreements into actionable responsibilities, including fee calculations, deadline management, report preparation, and capital call notifications.
• Prepare summary analyses for executive management, offering recommendations for various scenarios.
• Manage the quarterly distribution process.
• Lead assigned projects to improve operations and drive efficiencies.

Required Skills and Qualifications :

Education and Experience :

About Bell Partners

Our purpose at Bell Partners is to create communities our residents are proud to call home. We currently own or manage over 85,000 homes in North America and continue to grow. Our people are the most important part of our company. We believe in building a culture that encourages our associates to invest in and serve one another, while pushing each other to take risks, allowing us to grow together and make a difference.

Join Bell to be a difference maker. Apply today! Bell Partners reserves the right to amend this job description at any time. We are an Equal Opportunity Employer.