Fund Controller

Overview TA Realty LLC is a real estate investment management firm established in 1982. TA Realty manages core, core plus and value-add strategies and customized separate/advisory accounts for U.S. and non-U.S. investors. The firm emphasizes integrity, compliance with laws and high standards of personal and professional conduct. Job Title Fund Controller, Investor Accounting Location Boston, MA Summary of Position The Fund Controller will report to the Vice President, Investor Accounting and will oversee all accounting, financial reporting and tax-related coordination for a portfolio of TA-managed accounts and/or separate accounts. The role includes management of a team of Portfolio Accountants and other accounting personnel. The Fund Controller will collaborate with teams across TA and with external parties such as auditors, tax providers, consultants, investors, lenders and legal counsel. Primary Responsibilities Team Leadership & Oversight: Develop, oversee and review the work of a team of Portfolio Accountants and Assistant Controllers. Provide guidance, feedback, and mentorship to support professional development and deepen technical expertise. Participate in hiring, onboarding, and ongoing training of accounting staff. Financial Reporting & Review: Oversee and review quarterly and annual audited financial statements and supporting schedules to confirm accuracy and ensure reporting is in accordance with US GAAP. Maintain consistent review standards across funds to promote accuracy, completeness, and clarity of reporting. Review accounting entries related to property acquisitions, dispositions, and financings. Performance Measurement & Waterfalls: Review property and fund level performance measurement calculations (IRR, equity multiples, income distributions) and ensure accuracy and compliance with applicable standards. Review and analyze complex Excel-based waterfall models, capital allocations, and incentive calculations in accordance with LPAs and joint venture agreements. Review capital call and distribution calculations for investors and joint venture partners. Tax Coordination: Review quarterly and annual tax deliverables provided to the tax department and external tax preparers, including taxable income estimates, tax waterfalls, REIT tests, and tax basis cost roll forwards. Work with third-party tax professionals completing annual tax returns and other filings. Portfolio & Capital Management Support: Prepare/review and present materials for portfolio management meetings, including cash flow projections, distribution and contribution recommendations, loan-to-value and debt yield metrics, and updates to projected IRR models. Partner with Capital Markets, lenders, legal counsel, and the CFO on finance-related matters including releasing or substituting encumbered properties, servicing debt, securing new financing and paying off existing financings. Review lender reporting and financial covenants and draw/paydown requests. Investor Interaction & Ad-Hoc Analysis: Respond to investor inquiries related to financial statements, performance, capital activity and accounting matters in a timely, accurate and professional manner. Prepare/review ad-hoc financial modeling and analyses requested by acquisitions, dispositions, capital markets and portfolio management. Process Improvement & Best Practices: Identify opportunities to improve accounting processes, workflows, and data consistency to enhance efficiency and minimize risk of manual error. Serve as accounting subject-matter expert for fund-level accounting issues (e.g., consolidation, JV structures, debt modifications, fee arrangements). Draft and maintain accounting memos for complex or non-recurring transactions. Qualifications Minimum ten years of combined experience in public accounting and real estate private equity or real estate investment management, including meaningful fund-level responsibility At least three years of management experience CPA required Strong understanding of US GAAP and fund-level financial statements Experience with complex fund structures, joint ventures, and incentive waterfalls Ability to research, interpret, and document technical accounting concepts and apply them to transactions Detail-oriented, self-starter with a strong ability to manage multiple funds and deadlines concurrently Strong written and verbal communication skills; comfortable interacting with internal stakeholders and external parties Demonstrated leadership, sound judgment, and high professional integrity Ability to work in a team-oriented environment and show a willingness to collaborate Strong project management, analytical and organizational skills Experience with Yardi preferred Advanced Excel skills required Equal Employment Opportunity TA Realty LLC is an Equal Opportunity Employer that is committed to creating a diverse and inclusive company culture. TA Realty does not discriminate against candidates and employees on the basis of race, religion, national origin, age, veteran status, sexual orientation, or any other protected status under law. Compensation The pay range for this role is 140,000 - 200,000 USD per year (Boston). #J-18808-Ljbffr