Job Summary
Years Experience
1 - 3 years
Bonus/Commission
Yes
Job Description

Founded in 1983, Townsend Holdings LLC (d/b/a The Townsend Group) is a leading provider of global investment management and advisory services focused exclusively on real estate and real assets. Committed to excellence in investment management and client service, Townsend serves an institutional client base providing custom investment solutions to help meet the needs and objectives of their investment programs. Headquartered in Cleveland, Ohio, the firm has offices in San Francisco, London and Hong Kong.

Part of Townsend’s client base is composed of a series of pooled funds that have raised capital from high-net-worth US investors and certain non-US investors.  Townsend also manages co-investment funds for institutional investors that are designed to generate targeted exposure to non-traditional investment areas (such as emerging managers or emerging markets).

We are searching for an accountant to assist us in the accounting and reporting process for the funds that we manage.  The Fund Accountant will report to our Fund Controller and will work directly with our portfolio management team and other consultants.

Responsibilities:

  • Recording journal entries
  • Reconciling accounts, including bank reconciliations
  • Managing cash activity
  • Maintaining capital account balances under the supervision of Townsend’s Fund Controller
  • Assist fund administrators with quarterly financial reporting to the limited partners
  • Produce limited partner capital account statements on Investran software
  • Assist in the preparation of quarterly reports and annual GAAP financial statements for Townsend’s funds
  • Working with outside accountants to help assist the audit process and the production of tax reports for investors

Qualifications:

  • Bachelors in accounting or finance
  • 0 – 1 years experience
  • Minimum GPA of 3.2
  • Strong analytic skills
  • Intermediate knowledge of Excel
  • Effective communication skills. The Associate may be called upon to work with managers of underlying funds, outside accountants and attorneys and to speak with fund investors and prospective investors
  • Experience with partnership capital accounting a plus
  • Experience with private fund management and/or experience with real estate investments is a plus
  • Experience with Investran and Quickbooks software a plus
Quick Apply

Job ID: 233914813