Fund Accountant

The Company

At Spartan Investment Group our mission is to Improve lives through our values. We do this by finding value-add and opportunistic investments offering solid returns to our investors. Providing an opportunity to grow for our partners and creating lasting wealth for everyone with whom we conduct business is how we make our greatest contribution.

We specifically focus on self-storage and RV park projects capitalizing on amazing deals in other asset classes. In 2021, we were listed as the 5th fastest growing real estate company in the US and joined the list of the top 100 owners of self-storage. We are members of the Inc. 500 fastest-growing private companies in America and in 2022 we were nominated #4 in Denver Business Journals list of top places to work.

Mission

As Spartan's Fund Accountant, you will be located at our corporate headquarters in Golden, Colorado and will support the fund and investor administration and accounting for the managed funds and related subsidiaries. This is an exciting opportunity to take ownership of an intricate and fast-paced fund administration infrastructure. We are looking for someone who is a self-learner, a builder of processes, and comfortable maintaining a work-life balance in a fast-paced high-growth environment. The perfect candidate will be ambitious and want to develop both personally and professionally.

Requirements

Key Results

• Streamline administrative processes to maximize efficiency, maintain 95% accuracy, and maintain compliance with regulatory standards and fund agreements.
• Deliver clear and concise communication to Finance, Accounting, and Investor Relations departments to reduce investor complaints related to funding and returns by 90%, enhancing investor satisfaction and maintaining positive relationships.
• Maintain 98% data accuracy across different investor portals and accounting ERP systems.

Main Objectives and Responsibilities

• Prepare accurate and timely financial reporting across multiple platforms.
• Calculate, track and record contributions, distributions, and ownership splits over various equity classes in addition to recording new investor information, updates and transfers.
• Review and calculate investor portal outputs and reconcile investor capital balances across multiple investments, investor pools, and between accounting ERP systems to underlying investment and subscription documents.
• Facilitate the administration of real estate private equity funds, ensuring adherence to legal and regulatory standards.
• Collaborate in the audit/tax return process and interact with external CPAs and stakeholders to review third party prepared year-end tax returns and investor deliverables for accuracy.
• Prepare and analyze waterfall calculations and preferred return metrics with complex subscription agreements.
• Cross collaborate with Asset Management to understand asset performance against investment expectations.
• Contribute to the development and refinement of internal control processes and procedures.
• Aiding in informed decision-making and investor transparency.
• Actively contribute to the continuous improvement of internal systems and controls, driving operational excellence.

Competencies

• Continuous Improvement - A drive to learn and do as much as possible in an entrepreneurial setting. Willingness to participate in leadership and ongoing performance and development programs.
• Communication - Articulate thoughts and express ideas effectively using oral, written, visual and non-verbal communication skills, as well as listening skills to gain understanding.
• Collaborative - Works together with team members to achieve accounting goals. Team oriented individual that can communicate effectively in a way that enhances productivity, teamwork and understanding.
• Autonomy - Someone who is a self-learner, quickly grasps information and takes ownership of their position. Ability to show initiative and creativity in a macro-managed environment fostered by mentorship.

Qualifications

• Bachelor's degree in accounting, finance, or related field.
• 3-5 years accounting experience.
• At least 2 years of investor management experience or working directly with investors.
• Proficient with various investor portals. Investor portal implementation and set up experience a plus.
• Ability to effectively use investor portal platforms to organize and deliver information to outside investors, and answer or direct specific questions to the appropriate party.
• Experience with InvestNext and IMS investor portal platforms a plus.
• Experience working in real estate private equity with fund or single investment syndication structures and a large network of accredited and unaccredited retail investors.
• Exposure to both debt and equity capital raises, tracking, calculating and recording highly preferred.
• Financial regulations and investor compliance experience highly preferred, with a good understanding of private investments conformity with internal subscription documents and operating agreements.
• Experience accounting for and reconciling investor activities across investor portals and accounting ERP systems.
• Driven to learn and do as much as possible in an entrepreneurial setting.
• Proficient in Microsoft Office, particularly Excel.
• Exceptional analytical, organizational, and communication skills.

Benefits

Salaried position ranging from $80,000 - $95,000. Health/dental/vision benefits, profit sharing, unlimited PTO, hybrid schedule, gym/personal training/tracker reimbursement, phone & transportation reimbursement, annual ski pass, continuing education reimbursement, and other perks with an all-star team and culture.