Assistant Fund Controller

Coda Search│Staffing; New York (NY); On-site; USD 90,000 - 150,000; Full time

Job summary

Our client, a top-tier real estate investment manager in New York, seeks an Assistant Fund Controller to lead the finance function for a portfolio of closed-end real estate funds. You will oversee the quarterly and annual close, review statements from a third-party administrator, and ensure reporting aligns with fund agreements and side letters.

The role offers broad visibility across the firm, mentoring junior staff and collaborating with investment, asset management, investor relations and

Qualifications

• Bachelor's Degree in Accounting is required; CPA preferred.
• 4-8 years of experience in fund accounting, ideally in real estate or private equity.
• Experience overseeing a third-party fund administrator.
• Strong knowledge of partnership agreements, waterfalls, and capital accounts.

Responsibilities

• Oversee 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 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.

Skills

Advanced Excel

Analytical skills

Strong communicator

Independent worker

Multi-priority management

Education

Bachelor's Degree in Accounting

CPA preferred

Job description

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