Job Title: Fund Accounting Manager Job Description This role leads fund accounting activities for real estate and private equity investment funds, serving as the primary point of contact for investor-related matters and fund financial reporting. You will oversee the full fund accounting lifecycle, ensure GAAP-compliant reporting, manage investor capital activity, and partner closely with internal teams and external service providers. The position offers the opportunity to influence department strategy, drive process improvements, and mentor a small team in a collaborative, high-volume environment. Responsibilities + Serve as the primary point of contact for investor requests, ensuring timely, accurate, and professional responses. + Maintain accurate investor documentation and a deep understanding of fund structures, strategies, and financial performance. + Review, interpret, and summarize partnership agreements, lender documents, and key deal terms to support accurate fund reporting and compliance. + Partner with Fund and Asset Management teams to ensure GAAP-compliant reporting, including analysis of consolidated results and preparation of variance explanations. + Oversee investor capital accounts, including capital calls, distributions, and carried interest calculations, ensuring accuracy and consistency with ILPA standards. + Prepare and review ILPA-based investor notices and related investor communications. + Manage fund-level cash flow, including monitoring cash availability for distributions and validating management and incentive fees. + Oversee monthly, quarterly, and annual close processes for non-property entities, ensuring timely and accurate consolidated results. + Review and ensure the accuracy of NAV calculations, including real estate valuations and the financial impact of deal activity. + Oversee the preparation of fund financial statements, investor reports, supplemental reporting, and compliance filings. + Manage fund-level debt compliance, including interest rate calculations, covenant monitoring, and related reporting. + Coordinate audit and tax support, including preparation of PBC workpapers and other compliance materials for external auditors and tax advisors. + Own and maintain fund accounting policies, procedures, and internal controls in alignment with U.S. GAAP and internal standards. + Lead the relationship with the external fund administrator, ensuring high-quality deliverables, clear communication, and continuous process improvement. + Support budgeting and forecasting for non-property entities and serve as a key resource to the Fund Controller. + Proactively communicate significant issues, risks, and findings to senior leadership and collaborate with internal teams across asset management, tax, and capital markets. + Contribute to department strategy, including identifying opportunities to enhance reporting, streamline processes, and improve controls. + Drive efficiencies through process improvements, automation of reporting, and better use of systems and tools such as Excel and Yardi. + Mentor and support team members, contributing to a collaborative environment and helping develop staff capabilities in fund accounting and reporting. + Create and refine reports by accumulating, validating, and synthesizing data into clear, actionable insights for stakeholders. Essential Skills + Bachelor’s degree in Accounting or a closely related field is required. + 4–7 years of private equity fund accounting experience, including work with institutional investors. + Real estate fund accounting experience is preferred. + Public accounting experience is considered a plus. + Strong working knowledge of U.S. GAAP and investment accounting principles, with the ability to apply them in a fund environment. + Demonstrated experience in fund accounting, including capital calls, distributions, carried interest, and investor reporting. + Proficiency in Net Asset Value (NAV) calculations and real estate valuation impacts on fund performance. + Experience with investment accounting and fund-level reporting. + Proficiency with Excel for financial analysis, reporting, and automation. + Experience with Yardi or similar fund accounting or real estate investment platforms. + Ability to create reports, accumulate data from multiple sources, and synthesize it into clear, concise outputs. + Strong coordination, collaboration, and time management skills in a high-volume environment. + Highly organized and deadline-driven, with strong problem-solving abilities and attention to detail. + Effective written and verbal communication skills, including the ability to interact with executive leadership. + Ability to work effectively as both a team contributor and a team leader, including motivating, mentoring, and developing staff. Additional Skills & Qualifications + MBA and/or CPA designation is strongly preferred. + Experience in real estate, private equity, or public markets is preferred. + Familiarity with ILPA-based reporting standards and investor notices. + Experience with SEC-related reporting or regulatory considerations is beneficial. + Comfort working with complex partnership agreements, lender documents, and deal structures. + Proven ability to drive process improvements and reporting automation. + Strong analytical mindset with the ability to interpret complex financial data and explain results to non-technical stakeholders. Work Environment The role operates in a hybrid work environment, with in-office presence expected on Tuesdays and Thursdays and flexibility on other days as business needs allow. You will be part of a small, collaborative team of three focused on fund accounting and reporting, working in a high-volume but easygoing environment where teamwork and open communication are valued. The organization emphasizes a supportive culture, offering a health insurance option with no employee premium, including two high-deductible plans and employer contributions to a Health Savings Account (HSA). The workplace provides regular perks such as food available in the kitchen, an annual holiday party, and a summer event where the team rents a beach in Annapolis to enjoy a barbecue, games, and a Blue Angels flyover. The environment supports professional growth, encourages process improvement and innovation, and promotes a balanced, engaging atmosphere while maintaining high standards of accuracy and timeliness in financial reporting. Job Type & Location This is a Permanent position based out of Annapolis, MD. Pay and Benefits The pay range for this position is $110000.00 - $130000.00/yr. Health insurance (including premium-covered options) 401(k) matching Generous Health Savings Account (HSA) contributions Workplace Type This is a hybrid position in Annapolis,MD. Application Deadline This position is anticipated to close on May 20, 2026. About Aston Carter: Aston Carter provides world-class corporate talent solutions to thousands of clients across the globe. Specialized in accounting, finance, human resources, talent acquisition, procurement, supply chain and select administrative professions, we extend the capabilities of industry-leading companies. We draw on our deep recruiting expertise and expansive network to meet the evolving needs of our clients and talent community with agility and excellence. With offices across the U.S., Canada, Asia Pacific and Europe, Aston Carter serves many of the Fortune 500. We are proud to be a ClearlyRated Best of Staffing® double diamond winner for both client and talent service. The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law. If you would like to request a reasonable accommodation, such as the modification or adjustment of the job application process or interviewing process due to a disability, please email astoncarteraccommodation@astoncarter.com (%20astoncarteraccommodation@astoncarter.com) for other accommodation options.