Financial Controller
OTH Capital
Old Three Hundred Capital (OTH) is an Austin-based alternative investment firm with a diversified platform spanning real estate private equity—focusing on market-rate and affordable multifamily—and venture capital. We manage a growing portfolio of assets across Texas through an integrated family of funds, operating entities, and investment vehicles. To learn more, visit othcapital.com . The Opportunity We are looking for a hands‑on Controller to own the financial operations of the firm and serve as the backbone of our accounting function. This is a high‑trust, high‑visibility role working directly with OTH's principals across our real estate and venture platforms. You will be responsible for multi‑entity accounting and financial reporting, investment‑level FP&A, asset management reporting, construction finance, and the ongoing development of our financial systems and controls. The ideal candidate thrives in a lean, high‑performance environment and is excited to bring structure and analytical rigor to a firm at an inflection point in its growth. Key Responsibilities Own the monthly, quarterly, and annual close process across all OTH entities Prepare consolidated and entity‑level financial statements (P&L, balance sheet, cash flow) Maintain chart of accounts, intercompany eliminations, and multi‑entity reconciliations Coordinate with external fund administrators and tax accountants for audit and tax compliance Build and maintain investment‑level financial models, including underwriting assumptions, return projections, and variance analysis against actuals Prepare quarterly and annual budget‑to‑actual reporting across the portfolio for principal review and LP reporting Support strategic planning processes including forecasting, scenario analysis, and capital allocation decisions Develop and maintain KPI dashboards and management reporting packages across funds and operating entities Asset Management & Reporting Serve as the financial reporting lead across OTH's real estate and investment portfolio, partnering with asset managers and operating partners on performance monitoring Prepare investor reports, capital account statements, and fund‑level performance summaries Track hold‑period returns, NOI performance, and valuation updates across the portfolio; flag variances and key risks to principals Support LP communications and ad hoc investor requests for financial data Construction Finance & Draw Management Own the construction draw process for active development and value‑add projects, including draw preparation, lender submissions, and disbursement tracking Review construction budgets, change orders, and cost reports in coordination with project management and operating partners Maintain construction‑in‑progress accounting and track capitalization schedules through to stabilization Coordinate with lenders, title companies, and inspectors to ensure timely and accurate draw funding Multi‑Entity & Fund Accounting Manage accounting across OTH's fund entities, operating companies, SPVs, and real estate holdings Oversee LP capital account tracking, waterfall calculations, and carried interest computations Reconcile property‑level financial data from property management platforms to the general ledger Payroll, Controls & Compliance Oversee payroll processing and multi‑entity payroll cost allocations in coordination with HR Maintain and enforce OTH's internal controls framework, including approval hierarchies, reconciliation cadences, and documentation standards Manage vendor and AP processes; coordinate with lenders, insurance brokers, and legal counsel on financial obligations Systems & Process Improvement Serve as the primary ERP owner; lead configuration, integrations, and reporting buildout Identify opportunities to reduce manual effort and improve close efficiency through automation and systems improvements Partner with operations on data infrastructure and financial reporting workflows Qualifications Required 5+ years of progressive accounting experience, including a prior controller or senior accounting management role Deep understanding of real estate accounting, fund structures (LP/GP), and waterfall mechanics Demonstrated experience managing construction draws and construction cost accounting Strong FP&A background with experience in investment‑level modeling, budget‑to‑actual analysis, and management reporting Proficiency in a modern ERP system (Sage Intacct, NetSuite, Yardi, or comparable) CPA preferred Preferred Experience in a multi-entity alternative investment, family office, or real estate private equity setting Familiarity with property management platforms and real estate data environments Prior experience building or improving financial systems at a growing firm Comfort with data tools and financial automation; interest in modern finance infrastructure What We Offer Competitive compensation package commensurate with experience Performance bonus opportunity Health, dental, and vision benefits 401(k) with employer contribution Flexible hybrid work arrangement based in Austin, TX A lean, high-ownership environment with direct access to firm leadership Exposure to a broad range of asset classes and investment structures #J-18808-Ljbffr
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