Fund Accounting Manager

Company: Crescent Real Estate LLC
Location: Fort Worth
Posted on: February 24, 2021

Job Description:

Crescent Real Estate LLC ("Crescent") is a real estate operating company and investment advisor with assets under management, development and investment capacity of more than $10 billion. Crescent's unique fund structure allows the company to be strategic in timing, property type and the structure in which it invests. Crescent has a broad real estate investment mandate, but primarily invests in hotels, multifamily and office - both existing acquisitions and new development. Crescent invests alongside institutional and ultra-high net worth clients in real estate and real estate related assets. Crescent has more than 120 employees and $3.4 billion under management. Crescent is currently looking for an enthusiastic Fund Accounting Manager to join our Fund Accounting team in Fort Worth, Texas. You will report to the firm's VP, Controller, and will work alongside other accounting team members in leading the firm's Fund reporting. Crescent currently manages and reports on 40+ funds and is continuing to rapidly grow. This candidate will have the opportunity to be involved with fund accounting and valuation process, financial reporting, tax reporting and performance analysis, and will have exposure to senior leadership and as the company grows the role will expand.This is the perfect job for you if:* You are organized, process oriented, with a keen attention to detail and demonstrated ability to execute efficiently and effectively* You are a self-starter and enjoy solving problems. You don't get flustered easily. If you don't know the answer, you'll dig until you find it.* You have strong working proficiency in Microsoft Excel, Word and PowerPoint, with established Excel financial modeling expertise* You have financial services industry, real estate accounting, or partnership/investment company experienceAs our Fund Accounting Manager, a typical day might include the following:* Manage financial reporting for monthly, quarterly, and annual close process for multiple funds and joint ventures* Manage the audit process ensuring timely and successful completion of fund audits including preparation of fund financial statements* Coordinate preparation of partnership tax returns and K1 investor reporting with external tax consultants* Prepare and maintain investor allocations, waterfall creation and maintenance* Prepare and maintain performance of the Fund, including IRRs* Assist with investor capital calls and distribution processing* Assist with quarterly valuation process* Manage and perform special projects and analysis for senior leadershipYou need to have:* A bachelor's degree, Accounting or Finance* CPA license* 5+ years of relevant accounting experience; Public Accounting at Big 10 accounting firm (audit or tax) or fund administration experienceGoogle to learn more about Crescent Real Estate * Our website crescent.com* Check us out on LinkedInWe offer opportunities for career growth, responsibilities and rewards-based incentives, and competitive pay and benefits.Salary and Benefits Commensurate with Experience.--Equal Opportunity Employer.--Except where prohibited by state law, all offers of employment are conditioned upon completing a background check.

Keywords: Crescent Real Estate LLC, Fort Worth , Fund Accounting Manager, Executive , Fort Worth, Texas