Assistant Controller – Private Equity Real Estate

Overview

• Serve as a dedicated Assistant Controller within a hybrid work environment, supporting complex fund accounting and reporting for private equity real estate funds.
• Collaborate with the client’s finance team to oversee fund structures, valuation processes, and investor reporting.
• Engage with third-party administrators and internal stakeholders to ensure accurate and timely deliverables.
• Enhance reporting processes and operational workflows while supporting new fund launches and structuring initiatives.
• Work closely with asset management and client solutions teams to address reporting and ad hoc requests.
• Contribute to quarterly fair value processes, liquidity management, and foreign currency hedging activities.
• Participate in audits, including preparation and review of audit materials and coordination with external auditors.
• Leverage your expertise in fund accounting to support complex calculations and financial statement preparation.

Key Responsibilities & Duties

• Review quarterly workpapers, financial statements, and investor reporting prepared by third-party administrators.
• Oversee accounting for closed-end real estate debt funds, including capital calls and distributions.
• Support management fee, carry, and waterfall calculations for complex fund structures.
• Coordinate valuation processes and provide support for fair value assessments.
• Assist in liquidity management, including credit facility activity and deal-level funding.
• Facilitate foreign currency hedging and related financial reporting tasks.
• Collaborate with internal and external stakeholders to address reporting and operational needs.
• Ensure compliance with audit requirements and prepare necessary documentation for review.

Job Requirements

• Bachelor’s degree in accounting, finance, or related field; CPA preferred.
• 8–12 years of accounting experience, focusing on alternative investments.
• Proficiency in fund accounting, NAV review, and financial statement preparation.
• Experience with closed-end fund structures, including REITs and aggregators.
• Strong organizational skills and ability to manage multiple priorities effectively.
• Advanced proficiency in Microsoft Excel and familiarity with audit processes.
• Excellent communication and interpersonal skills for collaboration with stakeholders.
• Ability to enhance reporting processes and support new fund structuring initiatives.