What are the responsibilities and job description for the Accountant, Reef Enterprises position at Reef Capital Partners?
Position Title: Accountant, Reef Enterprises
Company: Reef Capital
Salary: $60,000-$75,000
Location: St. George or Lehi, UT; Hybrid
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 Enterprises is seeking a detail-oriented Staff or Senior Accountant to join its Operations team. This role supports the day-to-day financial operations of a complex, multi-entity platform responsible for marketing, sales, events, and Reef's membership program across the portfolio and network. Responsible for maintaining accurate general ledger records, tracking expenses against approved budgets, processing intercompany allocations, and serving as an accounting liaison to internal and property-level finance teams across the portfolio.
The ideal candidate is comfortable working across multiple entities simultaneously, understands how shared services and cost allocation models function, and brings the rigor and communication skills needed to keep financial operations clean and audit-ready in a high-growth environment.
Responsibilities:
Budget Tracking & Expense Management
- Track operating expenses against approved budgets across departments, programs, and property allocations
- Ensure all expenditures are accurately coded to the correct budget line, cost center, and entity
- Monitor budget-versus-actual variances and proactively surface discrepancies to leadership
- Support the expense authorization and approval process, including documentation and tracking of exception requests
Intercompany Allocations & Credits
- Process and reconcile intercompany journal entries for costs allocated from Reef Enterprises to operating property entities
- Maintain allocation schedules for shared resources, applying agreed-upon percentage splits or usage-based pass-throughs to each entity
- Reconcile fee receivables and service billings across the portfolio against invoiced amounts and payment receipts
- Support the fulfillment and Investor teams in billing and tracking accurate member credits, hospitality charges, and other cross-property transactions in coordination with property accounting teams
Property & Controller Coordination
- Serve as a primary accounting liaison between Reef Enterprises and internal and property-level accountants and controllers across the portfolio
- Resolve coding discrepancies, misclassified charges, and intercompany timing differences in partnership with property finance contacts
- Support the financial onboarding of new properties into Reef Enterprises' accounting infrastructure as the portfolio grows
General Ledger & Month-End Close
- Prepare and post journal entries for Reef Enterprises operating activity, including recurring accruals, prepaid amortization, and period-end adjustments
- Perform monthly bank, credit card, and balance sheet account reconciliations within established close deadlines
- Assist with month-end and year-end close processes, including preparation of supporting schedules and management reporting packages
- Maintain clean, audit-ready documentation for all transactions in accordance with GAAP and internal accounting policies
Accounts Payable & Receivable
- Review, code, and route invoices through the appropriate approval workflow; ensure documentation requirements are met prior to payment processing
- Track outstanding receivables from property entities, including management fee billings and shared cost pass-throughs; follow up on aged items
- Assist with vendor setup and payment processing in coordination with the accounts payable function
Reporting & Process Improvement
- Prepare periodic financial reports for leadership, including budget-versus-actual summaries, intercompany balance reconciliations, and entity-level cost overviews
- Support audit preparation through schedule preparation, documentation retrieval, and response to auditor inquiries
- Identify opportunities to improve accounting controls, allocation accuracy, and close efficiency as Reef Enterprises scales
Qualifications:
- Bachelor's degree in Accounting, Finance, or related field
- 2-4 years of relevant accounting experience
- Strong understanding of GAAP principles
- Experience with accounting software (e.g., Zero, NetSuite, Sage, QuickBooks, SAP, or similar ERP systems)
- Proficiency in Microsoft Excel
- High attention to detail and strong organizational skills
- Ability to meet deadlines and manage multiple priorities
Company Benefits:
- 401(k) Plan with Company Match
- Generous Health Plan with HSA Match
- Flexible Paid Time-off
- Cell Phone Service Allowance
- Discounts at Company-owned Resorts and Golf Courses
Salary : $60,000 - $75,000