Fund Accountant

Charlotte, NC, USA Req #270
Monday, September 12, 2022

Our Company: 

Quarterra Group, Inc., a wholly-owned subsidiary of Lennar Corporation (NYSE:LEN and LEN.B), is a multi-strategy, real estate focused, alternative asset management company comprised of two rapidly growing verticals: Multifamily and Single-Family Rental.  Launched in 2011, Quarterra Multifamily, previously known as LMC, is among the nation's most active developers, builders, and managers and has been on the National Multi-Housing Council’s (NMHC) annual Top 50 list for eight consecutive years. Quarterra Single-Family Rental launched in 2020 to provide individuals, couples, and families who prefer to rent over home ownership the opportunity to live in exceptional neighborhoods with great amenities. It is anticipated that Quarterra will spin-off from Lennar and become an independent, NYSE listed, Alternative Asset Manager later this year under ticker symbol "Q".  For additional information, please visit

Summary of Position:

The Fund Accountant will be responsible for assisting the Investments Team in all financial reporting and accounting related services required of corporate accounting.

Principal Duties and Responsibilities:

  • Assist with the consolidation accounting, reporting and financial control functions for real estate funds.
  • Complete monthly, quarterly, and annual close process, including journal entry input and assist with variance analysis preparation.
  • Assist with preparation of financial statements and financial information for reporting to the corporate office and investment partners.
  • Assist with investor-specific reporting requirements.
  • Coordinate with the accounting department, auditors, and tax team to assist with annual audits and tax compliance for the funds.
  • Assist with monthly equity draw package review for each asset and compiling a consolidated monthly draw to be delivered to our investors.
  • Manage cash balance on bank accounts and prepare wire transfer requests.
  • Assist with ad hoc requests or questions from investors and internal team members.
  • Assist with REIT compliance and review on a monthly/quarterly/annual basis.
  • Develop, implement, and maintain appropriate financial and administrative systems and processes for the funds.

Education and Experience Requirements:

  • Bachelor’s degree in Accounting or Finance required.
  • CPA preferred.
  • 1-2 years of accounting or finance experience.
  • Real Estate/REIT experience preferred.
  • IFRS experience preferred.
  • Experience with fund and joint venture accounting preferred.
  • Advanced computer skills, including use of Microsoft Office (Excel).
  • Exceptional analytical skills.
  • Excellent verbal and written communication.
  • Ability to work in a fast paced, dynamic environment.

Physical Requirements:

This is primarily a sedentary office position which requires the Fund Accountant to have the ability to operate computer equipment, speak, hear, bend, stoop, reach, lift, and move and carry up to 25 lbs. Finger dexterity is necessary.

This description outlines the basic responsibilities and requirements for the position noted. This is not a comprehensive listing of all job duties of the Associate. Duties, responsibilities and activities may change at any time with or without notice.


Quarterra Group is an Equal Opportunity Employer that prides itself on diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, pregnancy or related condition, protected status, or any other status prohibited by applicable national, federal, state or local law. Quarterra Group believes diversity and inclusion among our Associates is critical to our success and we seek to recruit, develop and retain the most talented people from a diverse candidate pool.

Other details

  • Pay Type Salary
Location on Google Maps
  • Charlotte, NC, USA