Vice President of Accounting & Finance NEW

Eagle, Idaho
Roundhouse
Description

About Roundhouse

Roundhouse is a vertically integrated multifamily housing platform headquartered in Boise, Idaho. We invest in, develop, build, and operate multifamily communities across the Western US, with over $2 billion in assets under management and 11,000 units under our care – including approximately 3,500 units we manage on behalf of third-party owners. Our platform spans investment management, property operations, and an in-house construction company, allowing us to control quality and outcomes across the full lifecycle of our communities.

We are a growing, entrepreneurial organization with the discipline and reporting standards expected by institutional capital partners.

Position Summary

The Vice President of Accounting & Finance is Roundhouse’s senior-most accounting executive, responsible for the integrity, timeliness, and strategic value of all accounting and financial reporting across the platform. Reporting to the COO and working in close partnership with the Chief Investment Officer, the VP will own property accounting, construction accounting, corporate accounting, fund accounting, treasury, tax, and external audit relationships.

This is both a leadership role and a building role. The VP will inherit a capable foundational team and will be expected to assess, restructure where needed, and significantly expand the accounting function to match the scale and sophistication of the platform. Success in this seat means a fast and reliable monthly close, audit-ready financials at every entity level, investor reporting our LPs trust, and a team that operates with clear accountability and professional development pathways.

Key Responsibilities

Property Accounting

• Oversee the property accounting function covering all 11,000 units, including approximately 7,500 owned units and 3,500 third-party fee-managed units
• Ensure accurate and timely monthly, quarterly, and annual close at the property and portfolio level
• Own the production of owner reporting packages for both internal stakeholders and third-party clients, including financial statements, variance analysis, and operating commentary
• Maintain compliance with trust accounting requirements and applicable state regulations for fee-managed properties
• Partner with property operations on budgeting, reforecasting, and operating expense management
• Oversee property-level audits, lender reporting, and tax return support
• Optimize the use of property accounting systems (Yardi or comparable platforms), including chart of accounts integrity, automation, and process standardization

Construction Accounting

• Lead the construction accounting function supporting Roundhouse’s in-house construction company and active development pipeline
• Oversee job cost accounting, including budgets, commitments, change orders, and cost-to-complete analysis
• Manage draw processes, AIA pay applications, lender draw packages, and lien waiver tracking
• Ensure accurate retainage accounting, subcontractor compliance, and 1099 reporting
• Produce standalone financial statements for the construction entity and ensure clean elimination and consolidation into platform reporting
• Partner with development and construction leadership on project-level financial controls and reporting cadence

Corporate Accounting

• Own consolidated GAAP financial reporting across the Roundhouse platform, including all operating entities, the construction company, and corporate holding companies
• Lead month-end and year-end close processes, including journal entries, reconciliations, intercompany eliminations, and accruals
• Establish and maintain internal control frameworks appropriate for an institutionally-backed platform, including segregation of duties, approval matrices, and documented policies
• Manage relationships with external auditors and tax advisors; serve as primary point of contact for annual financial statement audits
• Oversee corporate tax compliance in partnership with external tax advisors, including federal and state filings, K-1s, and tax planning support
• Lead technical accounting research and documentation for complex transactions (acquisitions, dispositions, refinancings, joint ventures, lease accounting, impairments)
• Drive continuous improvement in close timelines, systems integration, and reporting quality

Fund & Investment Accounting

• Oversee fund-level accounting for Roundhouse’s investment vehicles, joint ventures, and GP entities
• Ensure accurate accounting for capital activity, including capital calls, contributions, distributions, and recallable capital
• Own waterfall and promote calculations, ensuring alignment with governing documents and accuracy of GP/LP economics
• Produce quarterly and annual investor reporting packages in partnership with the Chief Investment Officer and Investor Relations
• Coordinate fund audits and tax filings, including LP K-1 production and delivery
• Monitor compliance with fund agreement provisions, including investment restrictions, fee calculations, and reporting obligations
• Support the CIO on new fund formation, including accounting structure, systems setup, and operational readiness

Treasury, AP, and Shared Services

• Oversee treasury operations, including cash management, banking relationships, lender compliance, and investor distributions
• Manage accounts payable, payroll, and 1099 functions across the platform
• Ensure appropriate liquidity planning, debt service oversight, and reserve management

Strategic Finance & Valuation

• Administer the platform’s valuation process, including ownership of the valuation policy, quarterly mark support documentation, and coordination with the Chief Investment Officer, external auditors, and any third-party valuation agents
• Own corporate FP&A, including the platform-level operating budget, forecasting, and liquidity modeling across operating entities, the construction company, and corporate holding companies
• Own the corporate insurance program (E&O, key person, fidelity/crime, cyber, and related coverages) in partnership with brokers, including annual coverage adequacy review
• Support the Chief Investment Officer on capital markets activity, including refinancings, lender negotiations, hedging execution, and covenant compliance
• Serve as the finance-function lead in operational due diligence reviews conducted by institutional investors and their consultants, and as a primary finance contact for LPs and lenders

Leadership & Team Development

• Assess current accounting talent, identify gaps, and build a staffing plan that scales with the platform; expected near-term hires include additional fund and construction accounting talent, and AP leadership
• Provide direct mentorship and career development for leaders on the team and structured development pathways for staff
• Establish a culture of ownership, accuracy, and professional excellence
• Partner with HR on hiring, performance management, and compensation planning for the function
• Represent the accounting function in executive leadership discussions, board meetings, and investor interactions as needed

Qualifications

Required

• 15+ years of progressive accounting and finance experience, with at least 8 years in real estate
• CPA license, active and in good standing
• Deep experience in multifamily, commercial real estate, or real estate private equity, including both property-level and fund-level accounting
• Demonstrated success leading and scaling teams of 15+ accounting professionals
• Strong working knowledge of Yardi, MRI, or comparable real estate accounting platforms
• Experience managing external audit relationships and producing audited GAAP financial statements at fund and platform levels
• Working knowledge of waterfall mechanics, promote structures, and LP/GP economics
• Track record of building or significantly improving accounting processes, controls, and systems

Strongly Preferred

• Big 4 or top regional public accounting foundation, with subsequent industry experience at a real estate operator, developer, or sponsor
• Direct experience with construction or development accounting, including job cost systems, draw mechanics, and lender compliance
• Experience supporting institutional LPs, including reporting standards expected by pension funds, endowments, insurance companies, or fund-of-funds
• Experience with platform growth from $1B to $5B+ in AUM
• Experience administering fair value (ASC 820) processes and supporting valuation review in institutional operational due diligence

Key Attributes

We are looking for a leader who is as much a builder as a manager. The ideal candidate will bring:

Technical depth without arrogance. A genuine command of real estate GAAP, fund accounting, and construction accounting – paired with the humility to ask questions, learn the business, and listen to the team before making changes.

A builder’s mindset. Comfortable inheriting a function that needs investment, with the judgment to know what to fix first, what to leave alone, and what to rebuild from the ground up.

Operational discipline. A track record of running a fast, clean close and producing financials leaders actually trust. The instinct to systematize and document rather than rely on heroics.

Player-coach orientation . click apply for full job details