We are seeking a detail-oriented, intellectually curious, and experienced candidate to fill the position of Assistant Fund Controller to support the financial operations of an open-ended real estate investment fund. This role is pivotal in ensuring accurate and timely financial reporting, managing the relationship with the fund administrator, and maintaining robust oversight of fund-level cash operations. The ideal candidate should have strong attention to detail, the ability to manage multiple priorities in a fast-paced environment, and strong knowledge of the financials statements. This is an excellent opportunity for someone looking to advance their career in real estate investment accounting, working closely with a broad range of internal and external service providers, colleagues, and investors.

The ideal candidate is a Certified Public Accountant (CPA) with 4–6 years of experience with several years in the real estate investment industry, including direct experience with open-ended funds. Additionally, this position will oversee the financial reporting for several smaller separate accounts and/or closed-end funds. 

Key Responsibilities

• Financial Reporting & Analysis: Prepare, review, and analyze financial statements and footnotes, ensuring compliance with accounting standards. Ability to analyze the data and provide variance analyses.Assist in the quarter- and year-end closing processes, ensuring accuracy and timeliness. Oversight of third-party accounting administrator’s work. Consolidate financial data from joint venture partners, including review of opening entries and calculation of the gain or loss on investment. 
• General Ledger Management & Balance Sheet Reconciliation: Ownership of balance sheet activity for all entities within multi-entity, complex fund structures. Oversee the general ledger, ensuring that all journal entries are accurate and complete. Manage balance sheet reconciliation process, including bank accounts, calculation of adjusting journal entries at quarter-end and preparation of supporting schedules for all balance sheet accounts. 
• Cash Flow & Capital Management: Maintain daily cash reconciliations and weekly payables for multiple entities. Track cash transactions for all entities while respecting multi-entity structures and in accordance with governing agreements. Recommend amounts for loan draws based on forecasted cash needs and cash availability. Track loan principal and interest and coordinate draws and repayments with lenders.Assist with calculation and issuance of investor call and distribution notices. 
• Collaboration & Communication: Work cross-functionally with other departments.Internally: Portfolio Management, Tax, Acquisitions, Asset Management, and Investor Solutions teams; externally: auditors, JV partners, and investors. 
• Manage and oversee Auditor PBC list: Proactive, independent management of the audit process, including but not limited to, analytical review of and response to auditor questions, creation of lead schedules, coordinate all PBC requests from various internal and external sources, in order to manage the PBC list within specified timelines. 
• Legal documents & organizational charts: Ability to read and interpret multi-entity organizational charts to ascertain ownership and identify prescribed cash movements. Comfort reading and interpreting legal agreements to execute accounting requirements. 
• Ad hoc efficiency and technology initiatives: Ad hoc assignments related to innovation of technology, processes and procedures to assist with firm-wide efficiency initiatives

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