Real Estate Fund Accountant

Stream Realty

Posted 2 days ago

Full Time

Dallas, Texas

In Person

Smart Summary

The Real Estate Fund Accountant is responsible for the day-to-day accounting for assigned real estate investment funds, including maintaining books, preparing quarterly financial statements, monitoring cash, and reconciling bank accounts. Key duties also involve reviewing property-level statements, preparing debt compliance reports, and managing capital call and distribution notices for partners.

We are seeking a Real Estate Fund Accountant with a Bachelor's or Master's degree in Accounting, Finance, or Economics. The ideal candidate will possess entry-level to two years of experience in internships or accounting-related roles, strong communication and organizational skills, and proficiency in Microsoft Excel. This position requires the ability and desire to work in-office daily and collaborate with internal and external partners.

Must Have Skills for ATS

Financial Statements Preparation

Cash Transaction Monitoring

Bank Reconciliation

Property-Level Financial Statement Review

Debt Compliance Reporting

Capital Call Preparation

Distribution Notice Preparation

Audit Facilitation

Tax Preparation Facilitation

Microsoft Excel

Outlook

Communication

Organization

Problem-Solving

Analytical Skills

Job Description

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. Headquartered in Dallas, TX and operating in core markets coast to coast, we complete billions in annual transactions in office, industrial, retail, healthcare, land, and data center properties. With millions of square feet of assignments, Stream is one of the fastest-growing, full-service commercial real estate services organizations in the country. Our team of talented individuals have come together to create our distinct culture, best summarized by our firm’s core values: smart, honest, nice, and passionate. For more information, visit www.streamrealty.com and follow Stream on LinkedIn, Instagram, X and Facebook.

IMMEDIATE IMPACT. MEANINGFUL CAREER.

At Stream, we know our success begins and ends with our people. It is 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 client’s needs while instilling you with 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

    This high-profile Real Estate Fund Accountant role works closely with our Investment Management team, partners, asset managers, portfolio managers, and property-level accountants. The accountant is responsible for all aspects of the day-to-day accounting for one or more assigned real estate investment funds. This employee receives training and mentoring. This position is based in Stream's Dallas headquarters located in the Arts District. 

    PRIMARY RESPONSIBILITIES

    • Maintain books for one or more assigned Investment Fund(s); Submit quarterly for Senior Fund Accountant’s review. 
    • Prepare quarterly financial statements with notes for the audit.
    • Monitor and record cash transactions.
    • Reconcile bank accounts.
    • Review property-level financial statements
    • Prepare debt compliance, and submit to the lender (fund level).
    • Prepare capital call and distribution notices for partners.  
    • Facilitate the audit and tax preparation process.
    • Opportunity to participate in Annual Meetings with investors

    Qualifications

    • Bachelor’s or Master’s degree in Accounting, Finance, or Economics
    • Entry-level to 2 (two) years of work experience in internships, public audit, tax, or industry accounting
    • Excellent written and verbal communication skills
    • Intermediate or Advanced competence in Microsoft Excel and Outlook
    • Strong organizational skills and work ethic
    • Self-motivated
    • Desire to work on a team
    • Problem-solving ability
    • Ability to communicate and interact with internal and external partners
    • Analytical and accounting skills commensurate with experience level
    • Ability and desire to work in-office daily

    Additional Information

    #LI-Onsite

    Stream is an equal-opportunity employer and does not discriminate on the basis of ethnicity, race, religion, sexual orientation, gender identity, age, national origin, disability, military status, or any other reason prohibited by law.

    Stream Realty Partners offers competitive salaries, bonuses, medical/dental/vision insurance, pharmacy benefits, health savings account, flexible spending accounts, 401(k) plan with company matching, PTO, and holiday pay. Individual compensation packages are based on various factors unique to each candidate, including skill set, experience, qualifications, location, and other job-related reasons. 

    To apply for a position, please visit our website at www.streamrealty.com

    Stream Realty

    Stream Realty Partners is one of the fastest-growing full-service commercial real estate companies in the nation. We have more than 445M+ million square feet of office, industrial, retail, and healthcare assignments, resulting in over $8.9 billion in real estate transactions annually. Founded in 1996, Stream has grown from its two original partners to a staff of over 1,700+ real estate professionals who share one common goal: to provide an unequaled level of service to our clients. We realize that our success begins and ends with our people, so we work hard to attract and retain the best talent in the industry. These high-caliber professionals come together to create a distinct culture that is best summarized by our firm’s values: smart, honest, nice, and passionate. For information, visit www.streamrealty.com. Follow Stream on Facebook (www.facebook.com/streamrealtypartners), Twitter (www.twitter.com/streamrealty), and Instagram (www.instagram.com/streamrealtypartners).

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