Debt Funds Controller - Real Estate Fund Accounting

Coda Search; New York (NY); On-site; USD 140,000 - 210,000; Full time

Job summary

Coda Search, a global real estate investment management firm, seeks a Debt Funds Controller to own the fund accounting and financial reporting for U.S. debt funds and related vehicles.

The role includes reviewing NAVs, investor capital accounts, and performance metrics to ensure accuracy and timeliness. The candidate should bring 6–8 years in private funds or related areas, with CPA/Big Four experience preferred, and will collaborate on valuation movements, cash and leverage analyses, and

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 6–8 years of relevant experience in private funds, private credit, real estate debt, fund finance, portfolio analytics, asset management, valuation, alternative investments, or public accounting.
• CPA and/or Big Four public accounting experience preferred, particularly for candidates coming from a fund accounting or controllership background.

Responsibilities

• Own the quarterly and annual fund accounting and financial reporting process for assigned U.S. Debt funds and related investment vehicles.
• Review administrator-prepared trial balances, NAV packages, financial statements, Schedule of Investments, investor capital accounts, and supporting workpapers for accuracy, completeness, and consistency.
• Perform analytical and period-over-period reviews of fund results and investigate unusual or unexpected activity.
• Maintain fund and investment-level gross and net return models for internal management, investor reporting, and capital-raising purposes.
• Prepare and maintain gross levered and unlevered returns, gross-to-net analyses, IRR, MOIC, and other relevant performance measures.
• Maintain projected return models and evaluate the impact of updated loan assumptions, repayments, defaults, extensions, restructurings, financing changes, and valuation movements.
• Support quarterly and annual valuation processes, including analysis of loan and collateral performance, valuation movements, and relevant supporting schedules.

Skills

Fund accounting

Financial reporting

Portfolio analytics

Valuation

Education

Bachelor's degree in Accounting/Finance or related field

Job description

Coda Search, a global real estate investment management firm, seeks a Debt Funds Controller to own the fund accounting and financial reporting for U.S. debt funds and related vehicles.

The role includes reviewing NAVs, investor capital accounts, and performance metrics to ensure accuracy and timeliness. The candidate should bring 6–8 years in private funds or related areas, with CPA/Big Four experience preferred, and will collaborate on valuation movements, cash and leverage analyses, and