Senior Accountant, Private Equity Joint Ventures

Position Title: Senior Accountant, Private Equity Joint Ventures
Company: Reef Capital
Salary: $80,000-$100,000
Location: Lehi, UT; Hybrid Role

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 Accountant to support the accounting and reporting functions across a complex portfolio of joint venture investment entities. This role will oversee accounting operations for multiple private equity investment structures, including private equity, real estate, and general joint ventures

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.

Responsibilities:

Financial Reporting & Close

• Lead month-end close and prepare monthly financial statements and supporting workpapers
• Maintain accrual-based financial records
• Support budgeting, forecasting, and budget-to-actual analysis
• Partner with leadership on the financial health and performance of assigned entities
• Prepare year-end financial statements, tax reporting, and audit support schedules
• Deliver ad hoc reporting and data summaries as needed

Accounting Operations

• Oversee accounts payable, accounts receivable, cash management, and general ledger activity
• Review and approve transactions, journal entries, and reconciliations
• Manage compliance requests related to tax, audit, and insurance
• Stand up accounting operations for new ventures
• Lead transitions of accounting functions between internal and external teams

Process Improvement & Automation

• Design and implement accounting procedures and internal controls
• Lead accounting software implementations and system conversions
• Identify and drive automation opportunities to improve efficiency

Team Leadership & Training

• Train and mentor staff accountants and interns
• Document processes and operating procedures
• Plan workload, delegate tasks, and manage transitions
• Support interviewing and onboarding of new hires

Qualifications:

• Bachelor's degree in Accounting or Finance required
• CPA designation strongly preferred and effectively for success in the role
• 3-5 years of relevant fund accounting experience, preferably within private equity settings
• Strong understanding of joint venture 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