coda searchstaffingJersey City, NJ
Assistant Fund Controller
Assistant Fund Controller
Assistant Fund Controller
coda searchstaffingJersey City, NJ
12 days ago
Portfolio Management and Investment AdviceMiscellaneous Financial Investment ActivitiesTrust, Fiduciary, and Custody Activities
Apply for this role (opens in a new tab)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
Also on the board Same function, level within a rung
Level
Lead
Location
Jersey City, NJ
Occupation
Treasurers and Controllers
Industry
Portfolio Management and Investment Advice
Posted
12 days ago