Fund Accountant

Magna Hospitality
Warwick, RI Full Time
POSTED ON 4/26/2023 CLOSED ON 12/16/2023

What are the responsibilities and job description for the Fund Accountant position at Magna Hospitality?

Our continued growth has led to an opening for a newly created position within our company for a Fund Accountant!

What you will be doing

  • Responsible for all aspects of general ledger for several real estate investment partnerships
  • Perform daily and monthly cash reconciliations
  • Produce quarterly and annual financial statements and footnote disclosures
  • Assist with annual audits and tax preparation
  • Prepare and distribute partner capital calls and distribution notifications
  • Various ad-hoc requests and projects
  • Assist with loan compliance for underlying assets

The ideal candidate for this position

  • Bachelor's degree with a major in Accounting, Finance, Economics, or similar
  • 2-4 years of experience in financial accounting/administration, audit, tax or finance function for alternative investment companies (preferably private equity)
  • Ability to manage multiple priorities
  • Excellent quantitative/analytical and verbal/written communication skills
  • Ability to work in fast paced, deadline driven environment
  • Technology proficiency is essential as the candidate would leverage a number of software applications such as Microsoft Excel, Word and PowerPoint.
  • Experience with calculations such as fund level returns, partner IRR, carried interest, and waterfalls a plus
  • Knowledge of SunGard’s Investran software strongly preferred

Benefits

Comprehensive benefits package including Medical, Dental, Vision, Time Off, & More!

Travel Discounts- With multiple brands and locations, TEAM are eligible for special travel discounts and sometimes even F&B discounts! Get away to relax, visit family, or see the World!

Where this job could take you

Management Development Program- Exceptional candidates could achieve a management opportunity in less than one year!

Job Type: Full-time

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Disability insurance
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance

Physical setting:

  • Office

Schedule:

  • Monday to Friday

Supplemental pay types:

  • Bonus pay

Ability to commute/relocate:

  • Warwick, RI 02886: Reliably commute or planning to relocate before starting work (Required)

Application Question(s):

  • What are your salary expectations for base pay?

Experience:

  • Fund Accounting: 1 year (Preferred)

Work Location: In person

Salary : $49,900 - $63,100

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