Pennybacker Capital continuously seeks outstanding, driven, real estate investment professionals.

Academic, business, and leadership overachievers, please submit your resume and letter of interestWe look forward to hearing from you.

Pennybacker Capital is currently seeking qualified candidates for the following position(s):




Pennybacker Capital is seeking a Fund Accountant to join its dynamic, entrepreneurial team located in Austin, Texas.  Pennybacker Capital is a rapidly growing real estate private equity firm that invests in multifamily, office, retail, and senior living assets in select growth markets of the United States.  Pennybacker’s stellar reputation of performance and integrity has produced a stable investor base with major institutional investors and family offices.  We are looking for a highly motivated, qualified professional with a proven track record of achievement and teamwork to join our Finance and Operations team.  The ideal candidate will share Pennybacker’s philosophy of integrity, transparency and honesty.

Essential Functions:

  • Liaison with fund administrators in the quarterly fund financial statement preparation
  • Assist with annual fund audits
  • Maintain general ledger, cash account reconciliations and quarterly financial statement preparation for syndicated investments
  • Track cash transactions, liquidity and line of credit activity of each fund
  • Prepare quarterly and annual compliance reporting packages for lenders
  • Performance reporting including asset and fund level performance data analyses
  • Communicate with joint venture partners to gather asset financial and performance data metrics for each investment
  • Maintain and update internal database of investment level data
  • Maintain and update internal fund performance models
  • Monthly and quarterly reporting including website updates on investments, quarterly letter to investors and quarterly investor conference call presentation slides
  • Perform quarterly specialized performance reporting to institutional investors
  • Consolidate quarterly investment valuation calculations
  • Assist in preparation of annual investor meeting presentation
  • Perform ad hoc reporting as requested by management

Qualifications – Required Knowledge, Skills and Abilities:

  • Undergraduate degree in accounting required
  • Strong technical skills in accounting and finance with advanced knowledge of Excel, PowerPoint and Word.  CPA or CPA candidate strongly preferred
  • 2+ years of work experience in public accounting, banking, commercial real estate or other investment/finance related area; exposure to real estate a plus
  • Confident under pressure and comfortable meeting deadlines with a high degree of accuracy and attention to detail
  • Self-starter with strong analytical and problem-solving skills
  • Highly organized and detail oriented with the ability to multi-task and balance competing priorities
  • Team player who is comfortable being in a support role and comfortable accepting and providing constructive feedback
  • Strong oral and written communication skills