$225,000 | Assistant Controller | Private Equity Real Estate

JLF; Dallas (TX); On-site; USD 140,000 - 230,000; Full time

Job summary

JLF seeks an senior accounting professional to lead accounting and operations for closed-end real estate debt funds in Dallas, coordinating with asset management, acquisitions, and the client solutions group on reporting and ad hoc requests.

You will review quarterly workpapers, fund statements, and investor reporting while overseeing third-party administrators, and participate in fair value, liquidity, and audit processes. CPA encouraged.

Qualifications

• 7–12 years of accounting experience is the target; 5–12 years considered depending on background and progression.
• Background from a buy-side alternative asset manager, fund administrator or public accounting firm with private equity / private equity real estate clients.
• Public accounting foundation (Big 4) is a strong plus; a mix of public accounting and fund administration experience is ideal.
• Undergraduate degree in accounting, finance, or related field; CPA preferred

Responsibilities

• Oversee accounting and operations for closed-end real estate debt funds.
• Review quarterly workpapers, financial statements, and investor/partner reporting prepared by the third-party administrator.
• Review capital calls, distributions, and investor allocation calculations.
• Support management fee, carried interest, and complex waterfall calculations.
• Participate in quarterly fair value processes, including valuation support and coordination.
• Support liquidity management, including credit facility activity and deal-level funding.
• Facilitate foreign currency hedging and related reporting.
• Coordinate interim and annual audits, including preparation and review of audit materials.
• Partner with asset management, acquisitions, and the client solutions group on reporting and ad hoc requests.
• Help build and improve reporting processes and operational workflows.
• Support new product launches and fund structuring initiatives

Skills

Fund accounting

Public accounting experience

Education

Bachelor's degree in accounting or finance

Job description

Firm: >$3B REAL ESTATE INVESTMENT MANAGER (DALLAS)

Location: Dallas, TX · In office Monday–Thursday (4 days per week)

Firm Snapshot:

A well-established Dallas-based real estate investment manager running $3B+ in its real estate debt fund strategy. The finance and accounting team is long-tenured and stable, and the platform is actively growing. This hire

backfills a seat opened by an internal promotion.

Role Overview:

• A step-up ownership seat over a set of highly complex closed-end real estate debt funds — keeping the funds running cleanly across close, funding, and reporting.
• Blended accounting and fund operations, not a pure production accounting role.
• You sit inside the business, work directly with asset management and acquisitions, and are in deal calls and pipeline meetings.
• Oversee and direct the third-party fund administrator
• Handle investor requests and understand the mechanics behind them, not just process them.
• Reports to the Director of Accounting and partners closely with the CFO.

Responsibilities:

• Oversee accounting and operations for closed-end real estate debt funds
• Review quarterly workpapers, financial statements, and investor/partner reporting prepared by the third-party administrator
• Review capital calls, distributions, and investor allocation calculations
• Support management fee, carried interest, and complex waterfall calculations
• Participate in quarterly fair value processes, including valuation support and coordination
• Support liquidity management, including credit facility activity and deal-level funding
• Facilitate foreign currency hedging and related reporting
• Coordinate interim and annual audits, including preparation and review of audit materials
• Partner with asset management, acquisitions, and the client solutions group on reporting and ad hoc requests
• Help build and improve reporting processes and operational workflows
• Support new product launches and fund structuring initiatives

Qualifications:

• 7–12 years of accounting experience is the target; 5–12 years considered depending on background and progression
• Background from a buy-side alternative asset manager, fund administrator or public accounting firm with private equity / private equity real estate clients
• Public accounting foundation (Big 4) is a strong plus; a mix of public accounting and fund administration experience is ideal
• Undergraduate degree in accounting, finance, or related field; CPA preferred