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Fund Controller

Palo Alto, CA

Job Summary

Manage the day-to-day accounting and financial analysis of the institutional funds. BS in Accounting. Experience in real estate or private equity fund experience in GAAP and REIT accounting.

Details

A well-established real estate investment company is seeking a hands-on Fund Controller to join their team. The Fund Controller is responsible for managing the day-to-day accounting and financial analysis of the institutional funds. The ideal candidate has real estate fund accounting and/or private equity experience in GAAP (Investment Company) and REIT accounting, financial reporting, and financial analysis for commingled multifamily real estate funds.

Responsibilities:

* Manage quarterly consolidated financial statements in accordance with GAAP and Fair Value
* Produce financial statements for the funds
* Produce capital call and distribution calculations for the funds
* Manage all Investor capital rolls
* Maintain month-, quarter-, and year-end working papers and schedules, assist with any audits or reviews
* Maintain an accurate and complete trail of supporting documentation for all financial and bookkeeping activities
* Prepare monthly accruals with appropriate support
* Comprehensive understanding of return calculations, waterfall models, and subsequent closings and associated reallocations
* Administer and monitor private REIT/UBIT compliance
* Apply understanding of private REIT requirements and testing methods
* Analyze root causes of accounting discrepancies and provide corrective action
* Develop process improvements. Create and maintain a documented system of standard operating procedures and workflow. Document policies, procedures, internal controls, best practices and workflow for assigned areas
* Review department bottlenecks and recommend changes to improve the overall level of department throughput
* Safeguard assets and assure accurate and timely recording of all transactions by implementing disciplines of internal audits, controls and checks across all departments
* Assist with debt covenant compliance on the Fund’s subscription Line of Credit
* Assist with annual valuations and fund audits

Requirements:

* BS in Accounting
* Experience in real estate and/or private equity fund experience in GAAP and REIT accounting
* Advanced MS Excel skills
* Effectively handle multiple projects simultaneously in a dynamic, growth environment
* Yardi Investment Accounting and Investment Management experience a plus

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  • Job Reference #: roberthalf.com 00430-0012108041
  • Min Education: BA/BS
  • Min Experience: None

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