Open Position: Fund Accountant
Reports to: Assistant Controller
Supervisory duties: No supervisory duties
Job Type: Remote: 8am – 5pm PST preferred
Pay range: $80,000 – $90,000 annually
About Us
We’re Rain City Capital – a rapidly growing hard money lender. No two workdays are the same, so our team is comprised of individuals who aren’t afraid to roll up their sleeves and take care of business. Our staff, and our accounting team, is fueled by new ideas and fresh approach to simplifying the financial industry by putting the relationship before the transaction. We’re looking for a highly competent accountant to support accounting and operations for our growing loan portfolio.
About You
You are an accounting professional with a proven track record of creative problem solving and the ability to work well as part of a team. You’re self-driven, analytical, responsible, easily adaptable to change with relentless attention to detail. You’re immaculately organized and enthusiastic about our industry, our company, and our customers. See below for more details on preferred qualifications.
About the Job
This role supports the finance and accounting functions for Rain City Capital’s investment vehicles, ensuring timely and accurate financial reporting, compliance, and fund operations.
Roles and Responsibilities
Assist in month-end close and fund reporting (journal entries, reconciliations, allocations to investors)
Track capital contributions, distributions, and investment activity across multiple funds
Prepare and review financial statements for fund entities in accordance with GAAP
Maintain accurate fund-level general ledgers and ensure intercompany balances are reconciled
Monitor fund cash balances and coordinate investor capital calls and distributions
Partner with external CPAs and fund administrators on tax filings and annual audits
Collaborate with internal teams to support deal funding, asset tracking, and investor reporting
Identify and implement process improvements to streamline fund accounting workflows
Skills and Attributes
Assist in month-end close and fund reporting (journal entries, reconciliations, allocations to investors)
Track capital contributions, distributions, and investment activity across multiple funds
Prepare and review financial statements for fund entities in accordance with GAAP
Maintain accurate fund-level general ledgers and ensure intercompany balances are reconciled
Monitor fund cash balances and coordinate investor capital calls and distributions
Partner with external CPAs and fund administrators on tax filings and annual audits
Collaborate with internal teams to support deal funding, asset tracking, and investor reporting
Identify and implement process improvements to streamline fund accounting workflows
Other duties, responsibilities, and activities may change or be assigned at any time with or without notice. The employee in this position must be able to read, write, speak and understand English with exceptional fluency.
Rain City Capital offers a Remote work environment for some positions, which means employees perform their duties remotely and will be expected to check email, phone, and text messages throughout the day and respond in a timely fashion consistent with a normal company workday. Rain City Capital's expectations for Remote work performance boils down to our mission statement: Real and Lasting Mutual Success.
To apply, please send your resume and cover letter to careers@raincitycapital.com
Posted 03/28/2025