Note: The job is a remote job and is open to candidates in USA. Red Cedar Advisory Services is seeking a detail-oriented and systems-driven Fund Administrator / Fund Accountant to support private equity and real estate investment clients. The role involves fund accounting, investor operations, and platform execution with a focus on accuracy and high-quality communication. The ideal candidate will possess the necessary skills to manage investor platforms and produce client-ready work with minimal revision.

Responsibilities

• Execute workflows within InvestNext and/or AppFolio Investment Manager (AIM), including:
• Setting up subscription documents for eSignature
• Creating and managing capital raises
• Drafting and processing capital calls and distribution plans
• Preparing and auditing investor distributions
• Troubleshoot discrepancies between platform activity and underlying accounting records
• Maintain organized and accurate investor records and transaction histories
• Record and reconcile fund-level transactions in QuickBooks Online or equivalent systems, including:
• Investor capital contributions and redemptions
• Investments into underlying deals
• Cash inflows from investments (interest, distributions, returns of capital)
• Fund-level operating expenses
• Perform account reconciliations and tie-outs to supporting schedules and investor reporting
• Interpret operating agreements to understand distribution structures (preferred return, catch-up, promote, etc.)
• Draft distribution models within InvestNext and/or AppFolio Investment Manager based on waterfall terms
• Build and maintain Excel-based audit models to validate platform-generated calculations
• Collaborate with the U.S. team for review, refinement, and final approval
• Draft client communications, summaries, and explanations for internal review
• Prepare clear, organized documentation of workflows, assumptions, and outputs
• Communicate effectively with U.S.-based team members via Slack, email, Loom, and virtual meetings

Skills

• 2–5+ years of experience in fund accounting, syndication accounting, private equity accounting, or real estate accounting
• Hands-on experience with one or more investor management platforms: InvestNext, AppFolio Investment Manager (AIM), Juniper Square, Agora, IMS, Cash Flow Portal
• Experience using QuickBooks Online or similar general ledger systems
• Strong understanding of: Capital contributions and distributions, Single-asset syndications and multi-asset fund structures, Preferred returns and waterfall concepts
• Intermediate to advanced Excel skills, including building audit models and reconciling outputs
• Exceptional attention to detail and commitment to accuracy
• Strong written English communication skills with the ability to produce client-ready work
• Private placement real estate funds
• Real estate syndications
• Real estate sponsors and capital raisers
• Family offices
• Boutique fund administration firms
• Real estate investment management firms
• Investor onboarding
• Subscription processing
• Capital raises
• Capital calls
• Investor distributions
• Preferred return calculations
• Waterfall calculations
• Investor reporting

Company Overview