Position Overview:
Our client, a top-tier real estate investment manager, is seeking an Assistant Fund Controller to join their team in New York, NY. This individual will be integral to the finance function for a portfolio of closed-end real estate funds, providing oversight and review of a third-party fund administrator. It's an excellent opportunity for a fund accounting professional ready to step into a review and oversight role with broad visibility across the firm.
Key Responsibilities:
- Oversee the quarterly and annual close across funds, joint ventures and co-investment structures
- Review administrator-prepared financial statements, partner capital statements and investor reporting
- Review management fee, carried interest and distribution waterfall calculations for consistency with fund agreements and side letters
- Oversee capital calls, distributions and transaction-related cash activity
- Serve as primary liaison to external auditors and tax advisors
- Monitor fund-level financing and liquidity in partnership with treasury
- Establish accounting and reporting for new fund launches
- Mentor junior team members and strengthen review procedures and controls as the platform scales
- Partner with investment, asset management, investor relations and legal teams on transactions and reporting
Qualifications:
- Bachelor's Degree in Accounting required, CPA preferred
- 4-8 years of experience, ideally a combination of public accounting and real estate or private equity fund accounting
- Proven experience overseeing a third-party fund administrator
- Strong command of partnership agreements, distribution waterfalls and capital accounts
- Advanced Excel and analytical skills
- Highly organized, with the ability to manage multiple priorities in a deadline-driven environment
- Strong communicator with sound judgment and the ability to work independently
Assistant Fund Controller in New York at Coda Search│Staffing
This position is listed as full time and onsite. It was posted 3 days ago.