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Assistant Fund Controller

Coda Search│Staffing

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
Vacancy posted more than 2 months ago

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