Senior Accountant, Fund

Firm Overview:

Founded in 2003, PEG Companies is a vertically integrated owner, operator, and developer of multifamily, hospitality and build-to-rent assets in the U.S. and Canada, focusing on the Mountain West. Headquartered in Provo, UT, PEG currently manages over $1.9B of AUM across seven commingled funds and various separate accounts with over 1,100 employees.

Accounting Overview:

The Accounting Department is centralized at PEG Companies and serves the various departments across the organization. The Accounting Department is led by a Senior Controller who reports directly to the CFO. Various Controller, Assistant Controllers, and Treasury report to the Senior Controller and manage the various functions across the Accounting Department.

The Fund Accounting Team is led by the Assistant Controller, Fund and is a specialized team where the primary work revolves around the Fund Structures. These structures can include Closed/Open-Ended Funds, REITS, Co-Investments, and Joint Ventures. As such, the Fund Accountant will interface with the Investment team (Managing Director, Portfolio Manager, Asset Manager, and/or Analysts) regularly. The Fund Accounting team is innovative, solving problems, both macro and micro, within the vertical structure. The primary functions that the Fund Accounting Team provides include:

• Fund Structure Cost and Fair Value Close and Reporting
• Investor Reporting
• Manage the Tax and Audit services

Responsibilities:

This position will play a crucial role in the Fund Accounting with responsibilities that include:

• Perform monthly, quarterly, and annual financial statement closes within specified deadlines with little oversight.
• Ensure accurate timely preparation of quarterly and annual financial statements and partner statements.
• Prepare financial reports in compliance with U.S. GAAP and other standards, where applicable, as they relate to investment companies, principles of consolidation and fair value measurement.
• Work with Managing Directors, asset managers, analysts and other internal/external users to ensure accurate and timely financial reporting.
• Interpret fund and investor governing documents to ensure proper application of terms for investor allocations, management fees and carried interest.
• Ability to work independently and research technical accounting transactions.
• Assist the Team Lead in carrying out the Fair Value Reporting process.
• Help maintain policies and procedures related to Fair Value Reporting, Equity Transaction, Taxes, Audit etc...
• Drive continual process improvement through technology use and implementation.
• Follow PEG policies and procedures and comply with state and federal laws.

Requirements:

• Self-Starter
• BA - Accounting, (Working towards a CPA or CMA preferred)
• Minimum of 2 years accounting experience.
• YARDI experience preferred.
• Advanced Microsoft Excel and strong written/verbal communication skills.
• Familiar with online platforms (Asana, Outlook, Microsoft Teams...)
• Analytical, creative, and problem-solving skills.
• Organization & Critical thinking skills.
• Willingness and proficiency to do research of historical financial transactions and legals issues.

Physical Requirements:

• Must be able to tolerate prolonged periods of sitting and/or standing at desk in assigned location.
• Must be able to operate a computer, telephone, and/or keyboard and tolerate prolonged periods performing work using a computer, telephone, and/or keyboard.
• Must be able to lift up to 15 pounds at times.

Compensation:

Compensation in this position can include:

• Competitive base salary.
• Competitive benefits package.