Fund Controller, Real Estate Funds

Job Description Fund Controller, Real Estate Funds At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting‑edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide. BNY is recognized as a top destination for innovators and champions of inclusion. Join us and be part of something extraordinary. We’re seeking a future team member for the role of Controller to join our alternative operations team. This role is located in New York or Lake Mary, Florida (four days in the office per week). Responsibilities Direct multiple Fund Accounting teams responsible for conducting accounting services on behalf of a broad array of assigned clients including determining net asset values, calculating fund performance, allocating expenses, and preparing reports. Manage financial and human resources for the unit, ensuring assigned teams operate effectively to meet unit goals and objectives. Oversee processes and resource allocation in determining the net asset value (NAV) for assigned funds in multiple sectors for each measurement cycle. Manage relationships with a broad set of clients, resolving unique escalated issues related to fund calculations and accounting. Direct and prioritize processes that verify completeness and accuracy of disclosure in financial statements. Provide guidance to teams to ensure accounting records comply with departmental policies and procedures, resolving complex escalated issues. Evaluate GAAP and/or IFRS rules to determine the impact of new regulations on BNY Mellon fund accounting practices and develop strategies for implementation. Implement and assist in setting guidelines, policies, and priorities for drafting financial reports for clients to review fund performance, communicating complex accounting intricacies. Recruit, direct, motivate, and develop staff to maximize individual contributions, professional growth, and effective teamwork. Oversee relationships with auditors and clients to update financial reports ensuring accurate depiction of fund performance. Manage multiple Fund/Client Accounting teams primarily through subordinate managers and contribute to achieving multiple team objectives. Qualifications Bachelor’s degree in accounting or the equivalent combination of education and experience. Minimum 10 years of commercial real‑estate fund accounting and financial statement preparation/review leadership experience. Knowledge of GAAP, Investment Company, IFRS, and SEC rules applicable to commercial real‑estate investment funds. Ability to effectively lead collaborative teams where team members may be located in different cities or countries. Working knowledge of joint venture waterfalls and partnership structures, including investor allocation. REIT experience. Yardi, Investran, or WDesk experience preferred. Benefits BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay‑for‑performance philosophy. The base salary for this position is expected to be between $68,000 and $179,000 per year at the commencement of employment, with additional possible bonuses and incentive packages. Other benefits include generous paid leaves, paid volunteer time, and a comprehensive benefits package. BNY is an Equal Employment Opportunity/Affirmative Action Employer – Underrepresented racial and ethnic groups, Females, Individuals with Disabilities, and Protected Veterans. This position is at‑will; the company reserves the right to modify base salary and other compensation at any time. #J-18808-Ljbffr BNY