Service Delivery Center - EY Comply, Real Estate Fund Accounting - Senior

EY is the only professional services firm with a separate business unit (FSO) that is dedicated to the financial services marketplace. Our FSO teams have been at the forefront of every event that has reshaped and redefined the financial services industry. This practice also has several Service Delivery Centers that are made up of high-performing US-based resources who work closely with our experienced client-serving professionals to deliver project-based work and managed services to our US-based Financial Services clients. If you have a passion for rallying together to solve the most complex challenges in the financial services industry, come join our dynamic FSO team!

The opportunity

We are seeking a motivated Senior Analyst to join our Service Delivery Center (SDC) Fund Accounting and Administration practice in Real Estate Fund Accounting. In this role, you will provide essential financial and management accounting support for real estate funds and help our clients meet regulatory, tax, and financial statement reporting requirements through our proprietary EY-developed technology platform. Additionally, you will help contribute to the development of junior team members.

This position offers a unique opportunity to assist prominent real estate fund advisors in navigating complex reporting and technology challenges, ultimately reducing reporting costs and streamlining regulatory, tax, and financial reporting processes.

Your key responsibilities

• Understand the intricacies of Real Estate fund operations and financial statement reporting
• Perform critical accounting activities, including capital calls, valuations, and transaction processing
• Collaborate with team members to gather and organize client data for reporting purposes
• Support the preparation of financial statements and reporting packages
• Be part of defining new procedures and controls to enhance the overall operational risk process
• Contribute to the technical development of the team by sharing knowledge and best practices
• Seek feedback and guidance from team leadership to enhance personal and team performance
• Drive high-quality work products within expected timeframes and budget
• Assist with managing risks and ensuring key stakeholders are kept informed about progress and expected outcomes
• Stay current on business and industry trends relevant to our clients, including the latest Real Estate fund structures and investment record keeping standards

Skills and attributes for success

• Understanding of processes and ability to execute detailed procedures based on knowledge of fund controllership, investment books and records, and/or financial statement processes, and regulatory filing principles 
• Knowledge of Real Estate fund characteristics and the application of regulatory and financial reporting rules to those investments

• Critical thinking and problem-solving skills
• Ability to deliver client requirements in a regulatory-driven environment, process improvements, and understand operationally complex fund accounting principles
• Ability to develop relationships with team members across multiple geographic locations and time zones

To qualify for the role, you must have:

• Bachelor’s degree in accounting, finance, or a related field
• A minimum of 2 years of relevant experience in tax and/or accounting, preferably with a focus on Real Estate funds
• Analytical skills, especially an understanding of transaction posting, and investment trial balance debits and credits related to fund controllership, investment books and records and asset management
• Strong proven communication skills
• Proficiency in Microsoft Office Suite and willingness to learn firm-specific technologies
• An interest in working in an environment which encourages continuous learning, development and identification of opportunities for improvement of individual and team performance

Ideally, you’ll also have:

• CFA/ CPA (candidate)
• Effective project management, and organizational skills
• Experience working alongside colleagues at all levels of business
• Strong interest in regulatory reporting requirements or financial statement reporting
• Experience related to fund accounting, including the ability to conduct technical review and interpretation of SEC rules, regulations, FAQs

• Experience with software tools including document management systems, workflow systems, partnership accounting, investment accounting such as Yardi, eFront, Investran, or other investment sub-ledger software

What we look for

We are looking for leaders with a creative vision and the confidence to make it happen. The right candidate will be a motivated self-starter who wants to grow their skillset while helping colleagues and sharing helpful ideas when needed. You should be flexible and able to handle multiple tasks, including delivering high-quality work to our clients.

What working at EY offers:

We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options. Under our flexible vacation policy, you’ll decide how much vacation time you need based on your own personal circumstances. You’ll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.

• Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next
• Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way
• Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs
• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs

About EY

As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom to develop your career. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.

Join us in building a better working world. Apply now!