Job Description
Position Title :
Senior Fund Accountant Company:
Reef Capital Salary :
$ 90,000-$110,000 Location:
Lehi, UT ; Hybrid R o le About Reef:
Reef is a Utah-based vertically integrated investment and development firm founded in 2005. Reef's team is currently involved in some of the most prominent development transactions in Utah and other targeted geographies across the United States. Built on two decades of success, our investment approach combines proven expertise with purposeful innovation. Reef's team has completed more than 500 transactions across all lines of business. In addition to our real estate investment strategy, Reef and/or affiliates own and operate various businesses that add significant long-term value to its projects. We have grown rapidly, growing from about 25 employees to well over 400, with managed assets on behalf of over 750 institutional and individual partners worldwide. With the motto "Expect the Best," Reef's most prominent developments include Black Desert Resort, a $2 billion luxury resort in Ivins , Utah; Marcella, a luxury private golf community in Park City, Utah; Tributer Resort, Virginia's newest premier private lakeside golf destination; Cornerstone Club, a 5,000-acre residential community, private club, and resort in Telluride, Colorado; Sweetens Cove, a renowned and evolving golf destination nestled in the Tennessee Valley; and the restoration of the historic Coco Palms Resort in Wailua, on the island of Kauai, Hawaii. At Reef, our mission is to recruit, develop, and retain entrepreneurial individuals who desire to build and create something long-lasting and meaningful. Our business enables bright, committed people to work in high-performing teams within an environment that allows each person to achieve their professional objectives . Reef values a strong culture dedicated to the health and well-being of our employees. Position Summary:
Reef is seeking a highly motivated and detail-oriented Senior Fund Accountant to support the accounting and reporting functions across a complex portfolio of investment entities. This role will oversee fund accounting operations for multiple private investment structures, including private equity, real estate, and private credit entiti es. The ideal candidate will bring strong technical fund accounting expertise , experience working within multi-entity investment structures, and a deep understanding of GP/LP allocations, blockers, feeders, and investor reporting. This position offers meaningful ownership across NAV calculations, capital account maintenance, audit coordination, and fund reporting processes. Responsibilities:
Manage fund accounting activities across a portfolio of private investment entities, including private equity, real estate, private credit, feeder, blocker, and related investment structures Prepare and review monthly and quarterly NAV calculations, capital account statements, GP/LP allocations, management fees, and carried interest calculations Maintain accurate investor capital activity records, including capital calls, distributions, transfers, and commitment tracking Coordinate and deliver investor reporting packages and respond to investor-related accounting inquiries as needed Lead the annual audit process for assigned entities, including preparation of audit support materials, coordination with external auditors, and resolution of audit requests Partner with external tax providers to support annual tax reporting and K-1 preparation Prepare journal entries, account reconciliations, and supporting schedules to ensure accurate and timely financial reporting Assist with fund launches, entity setup, and ongoing maintenance of complex multi-entity investment structures Collaborate cross-functionally with finance, legal, compliance, operations, and investor relations teams to support fund activity and reporting accuracy Ensure accounting records and reporting processes are maintained in accordance with GAAP and internal controls Qualifications:
Bachelor's degree in Accounting or Finance required CPA designation strongly preferred and effectively required for success in the role 3-5 years of relevant fund accounting experience, preferably within private equity, real estate, or private credit environments Strong understanding of fund structures, including multi-entity arrangements, blockers, feeders, and GP/LP allocations Experience preparing and reviewing NAV calculations, investor capital accounts, financial statements, and audit support materials Strong technical accounting knowledge and familiarity with GAAP reporting requirements Advanced Excel skills and strong attention to detail Ability to manage multiple priorities in a fast-paced environment while maintaining accuracy and organization Strong communication and collaboration skills with the ability to work effectively across internal and external stakeholders Company Benefits:
401(k) Plan with Company Match Generous Health Plan with HSA Match Flexible Paid Time-off Daily Company Lunches Cell Phone Service Allowance Discounts at Company-owned Resorts and Golf Courses
