Fund Controller

Job Description:

  • Reviews and verifies financial information including monthly, quarterly and annual financial statements for commingled funds and separate accounts prior to submittal to client and investors
  • Reviews joint venture financial statements.
  • Reviews system prepared reports and supporting schedules for accuracy
  • Reviews and signs-off on property and fund level bank account reconciliations
  • Ensure account management teams have a working knowledge of team’s client Management Agreements
  • Ensure team managers are reviewing management fee calculations to be in accordance with the current Management Agreement
  • Troubleshoots escalated issues and ensures internal and external customer requests are handled timely, accurately and with a focus on customer service
  • Creates a positive customer experience by opening and maintaining constructive and reliable lines of communication
  • Reviews and analyze performance returns, advisor incentive fees, and acquisition / disposition fees on real estate investments
  • Reviews valuation models for reasonableness in determining asset fair market values.
  • Maintain a thorough understanding of each legal entity and debt structure
  • Prepare interest billings monthly, and monitors compliance by the debtor with specific deal requirements
  • Coordinates and insures completion of annual audits by required deadlines.
  • Set up, analyze and review joint venture structures and underlying inquiries, subscriptions, and redemptions terms and conditions
  • Sets up, analyze and review interest rate, currency and credit swap calculations
  • Review periodic P&L calculations at the fund and investor levels
  • May assist with internal and external property and client transitions
  • Work with other internal teams in handling special requirements as defined in the Management Agreement

Requirements:

  • CPA, CMA or other relevant professional certifications a plus
  • Prior experience in fund level accounting required with real estate accounting or fund accounting software systems
  • Requires prior supervisory experience and experience with real estate accounting or fund accounting software systems
  • Proficient with the Microsoft Office Suite, including strong Excel skills
  • Ability to identify and analyze problems with limited information, then recommend more than one resolution alternative
  • Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form.
  • Strong analytical, problem-solving and organization skills
  • Excellent verbal, written and interpersonal communication skills

Experience:

  • Bachelor’s degree in accounting, finance or related field and a minimum of 6 years’ relevant experience

REF# 39341

Related Post

PBCS BankerPBCS Banker

Description At First Republic, we care about our people. Founded in 1985, we offer extraordinary client service in private banking, private business banking and private wealth management. We believe that