Fund Controller

A U.S. real estate investment firm, is hiring a Vice President, Fund Controller to lead accounting for its real estate credit investment vehicles.

The role covers financial reporting, performance measurement, investment accounting, valuation support, financing activity, and controls across a group of vehicles that can include closed-end funds, separate accounts, feeder and parallel structures, co-investment vehicles, joint ventures, and associated holding companies. Reporting is under US GAAP.

Accounting work may sit in-house or with an outside fund administrator or other service provider, and this role oversees all of it. The VP also works with investment, finance, legal, tax, compliance, and audit teams to keep reporting accurate, consistent with governing documents, and aligned with financing requirements.

Responsibilities

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• Lead accounting, performance measurement, and month-end, quarter-end, and year-end reporting for the assigned vehicles.
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• Keep the close and reporting calendars moving, including approvals, open items, and deliverables, and work with internal and external stakeholders to meet accounting, tax, compliance, and investor deadlines.
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• Review quarterly and annual reporting, including covenant calculations, consolidations, reconciliations, journal entries, and footnotes, whether prepared in-house or by an outside administrator.
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• Oversee accounting for significant investment and financing activity, such as originations, amendments, restructurings, repayments, fundings, and transfers, along with subscription line and back leverage arrangements.
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• Work with capital markets, originations, and asset management on valuation support and borrower updates, and on the liquidity, reporting, and investor communication questions that follow.
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Requirements:

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• Bachelor’s degree in accounting, finance, or a related field.
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• 8+ years of fund accounting experience, with a background in a real estate debt or credit fund.
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• CPA preferred
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