Staff Accountant - Newark, NJ

Only for registered members Newark, NJ, United States

2 days ago

$95,000 - $170,000 (USD) per year *

* This salary range is an estimation made by beBee

The Opportunity: · We are seeking a detail-oriented and experienced Staff Accountant to join our finance team. The ideal candidate will have a strong background in private lending and/or real estate accounting and demonstrate a deep understanding of private equity financial struc ...

Job description

The Opportunity:

We are seeking a detail-oriented and experienced Staff Accountant to join our finance team. The ideal candidate will have a strong background in private lending and/or real estate accounting and demonstrate a deep understanding of private equity financial structures. This role offers the opportunity to work on complex transactions and play a critical role in managing the firm's financial operations and reporting.

The anticipated annual base cash compensation for this role is $70,000 - $90,000 per year, depending on experience.

What you will do:

Accounting & Financial Reporting
- Maintain accurate financial records for private lending and real estate investment vehicles
- Prepare and review monthly, quarterly, and annual financial statements, ensuring compliance with applicable accounting standards (GAAP or IFRS)
- Handle the consolidation of financials across multiple entities and projects
Fund Operations
- Manage capital calls, distributions, and investor allocations
- Monitor fund expenses and ensure accurate fee calculations, including management and performance fees
- Reconcile investment portfolios, bank accounts, and intercompany accounts
Transaction Support
- Support due diligence processes for new investments, including financial modeling and valuation
- Assist in structuring and accounting for acquisitions, dispositions, and financing arrangements
- Track and analyze loan performance metrics and real estate asset valuations
Compliance & Audit
- Ensure compliance with financial and regulatory requirements specific to private equity and real estate sectors
- Collaborate with external auditors and tax advisors to support audits and tax filings
Process Improvement
- Identify opportunities to enhance financial reporting processes and internal controls
- Implement new accounting software or systems as needed to support the firm's growth

What we are looking for:

Knowledge of GAAP
3–5 years of relevant accounting experience
Bachelor's degree in Accounting, Finance, or related field
Proficiency in accounting software and Microsoft Excel
Strong knowledge of financial reporting standards and partnership accounting principles
Exceptional analytical and organizational skills with attention to detail
Ability to work independently and collaboratively in a fast-paced environment

What we Prefer to Find:

3–5 years of accounting experience with a focus on private lending, real estate, or private equity
CPA or CFA designation
Experience with fund accounting systems
Experience with real estate investment trusts (REITs) or loan portfolios

What we look for in all our employees:

A demonstrated track record of winning; we never stop at "just enough"
An insatiable eagerness to continuously learn and to be coached; we are lifelong learners and always make ourselves available to others to teach us something new
A possession of strong entrepreneurial spirit; we have a burning passion for building something great out of nothing
A big vision for themselves and those around them; we always strive to be the best version of ourselves and help those around us do the same
An unwavering sense of integrity; an individual who roots oneself with a core belief that how one does anything is how one does everything

Additional Information:

Leverage Companies is an equal opportunity and an E-verify employer. We are committed to building a diverse, inclusive, and equitable workforce and do not discriminate based on characteristics of any kind. Leverage Companies is committed to providing reasonable accommodations for any candidates with disabilities who may need assistance during the talent acquisition process. To request a reasonable accommodation, please email

Leverage Companies highly values having employees working in-office to foster a collaborative work environment and company culture. Under certain circumstances, a hybrid working arrangement with a minimum of 3 days in office in Newark, NJ may be arranged.

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