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

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