Fund Controller

Position summary

The Fund Controller is responsible for the financial management accounting and public reporting of the firms commercial real estate (CRE) funds. This role requires a sophisticated understanding of GAAP for investment companies and SEC reporting rules. The Fund Controller will ensure the accuracy and timely dissemination of financial information to investors regulators and other stakeholders while also optimizing fund performance and transparency.

Essential duties and responsibilities

Financial reporting and public disclosure

• Oversee the preparation and review of financial statements for all assigned real estate funds in accordance with U.S. GAAP and SEC requirements.
• Manage the quarterly and annual public reporting processes including Forms 10-Q and 10-K ensuring full compliance with disclosure obligations.
• Coordinate with external auditors tax advisors and fund administrators to facilitate successful annual audits and tax return filings.
• Ensure reporting deadlines are met for all internal and external parties including public filings.

Fund accounting and operations

• Supervise the day-to-day accounting operations for the funds including the general ledger cash management debt compliance and accounts payable.
• Oversee the calculation of the Net Asset Value (NAV) for each fund including asset valuation and management fee and performance fee calculations.
• Manage investor capital calls and distributions ensuring accuracy and timely processing.
• Ensure compliance with fund governing documents including interpretations of partnership agreements and distribution waterfalls.

Investment and portfolio management

• Review accounting for complex real estate lending transactions including acquisitions dispositions and loan modifications.
• Provide financial analysis and support for investment decisions portfolio performance and cash-flow projections.
• Monitor and manage the funds liquidity and credit facility needs including borrowing requests and compliance with debt covenants.
• Work with the investment team to provide accurate and timely financial data for decision-making.

Internal controls and process improvement

• Develop implement and maintain a robust system of internal controls to safeguard fund assets and ensure data integrity.
• Enhance existing accounting and reporting processes leveraging technology to increase efficiency and accuracy.
• Provide leadership and oversight to the fund accounting team fostering a culture of high performance and continuous improvement.

Qualifications

• Bachelors degree in accounting or finance; CPA or CMA certification preferred.
• Minimum of 710 years of progressive accounting experience with at least 35 years in a fund accounting or real estate lending environment.
• Proven experience with SEC reporting for public funds or publicly-traded real estate companies.
• Deep knowledge of U.S. GAAP specifically as it applies to investment funds and real estate transactions.
• Strong proficiency with fund accounting software (e.g. Yardi MRI) and advanced Microsoft Excel skills.
• Excellent analytical communication and leadership skills with the ability to interface effectively with senior management investors and auditors