Senior Fund Accountant

Company Description

ABOUT STREAM REALTY PARTNERS
Founded in 1996, Stream Realty Partners (Stream) began with a vision. Not one focused on bricks and mortar, but with people at its foundation. With 215+ million square feet of assignments and more than $5.8 billion in annual transactions, we are one of the fastest-growing, full-service commercial real estate services organizations in the country. We’ve grown from our two original partners to 1,400+ talented individuals who come together to create our distinct culture, best summarized by our firm’s core values: smart, honest, nice, and passionate. See our website at www.streamrealty.com. 
IMMEDIATE IMPACT. MEANINGFUL CAREER.
At Stream, we know our success begins and ends with our people. It’s the reason we work hard to attract and retain the best and brightest talent. From day one, you will be an integral member of our high-caliber, collaborative team. We will empower you to apply your energy, expertise, and creativity to meet our clients’ needs while instilling you with the unsurpassed market knowledge and development opportunities to succeed. When you join Stream, you won’t simply start a new job—you will build a meaningful and impactful career.

Job Description

POSITION OVERVIEW: 

The Senior Fund Accountant is responsible for all aspects of the day-to-day accounting for one or more assigned investment funds. The role works closely with the Fund team. This role will work onsite at our downtown Dallas corporate headquarters location.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES: 

• Maintain books for the Fund(s); Submit quarterly for Fund Accounting Manager’s review. 
• Prepare quarterly financial statements with notes for the audit.
• Monitor the cash of the funds. Reconcile bank accounts. Record the cash transactions.
• Review property-level financials and work with property accountants on any questions/corrections.
• Ensure property debt payments are made and lender reporting requirements are met.
• Review Fund Valuations twice a year. Stream follows Fair Value Accounting for Valuations…done twice per year (middle of yr. & end of year). Fair value is determined by the cash flow of the properties in the Funds.
• Follow Institutional limited Partners Association Best Practices.
• Prepare Debt Compliance and submit to lender (Fund level).
• Prepare Capital Call and Distribution notice for partners.
• Provide auditors requested items and various schedules for the annual audit.
• Review Fund level Federal and State returns.
• Provide tax preparers various schedules and requested items for preparation of the tax returns.

Qualifications

WORK EXPERIENCE / KNOWLEDGE / SKILLS / EDUCATION: 

• 3+ years of fund accounting and reporting experience
• CPA Preferred or CPA candidate
• Analytical and accounting skills commensurate with experience level
• Solid understanding of GAAP
• Excellent written and verbal communication skills
• Ability to communicate and interact with internal and external partners
• Intermediate competence in Microsoft Excel and Outlook
• Self-motivation and self-discipline
• Problem-solving ability
• Bachelor’s degree in Accounting

Additional Information

Stream Realty Partners offers competitive salaries, annual bonuses, medical, dental, and vision insurance, 401(k) with company matching, pharmacy benefits, flexible spending accounts, health savings account, vacation pay, volunteer & community involvement paid time off, and holiday pay.

All your information will be kept confidential according to EEO guidelines. Stream is an equal-opportunity employer and does not discriminate on the basis of ethnicity, race, religion, sex, age, national origin, disability, military status, or any other reason prohibited by law.

Note: Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

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