Fund Controller

10Federal Partners Inc; Raleigh (NC); On-site; USD 110,000 - 160,000; Full time

Job summary

10 Federal Storage in Raleigh, NC is seeking a skilled Fund Controller to own accounting across real estate investment funds, including GAAP, valuations, quarterly reporting, and cash flow forecasting. You will also ensure debt covenant compliance and coordinate annual audits.

The role requires strong fund accounting experience, CPA preferred, and excellence in financial reporting and stakeholder communication. This position offers growth within a tech-enabled real estate platform.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• Public Accounting auditing experience highly preferred.
• CPA designation preferred; Master’s in Accounting a plus.
• Strong knowledge of GAAP, including fund accounting.
• Experience with fund-level financial reporting, valuations, and debt covenant compliance in real estate investment structures.
• Experience coordinating annual audits and income tax filings.
• Proficiency in financial reporting tools and systems.
• Excellent analytical and communication skills.

Responsibilities

• Account oversight of fund-level performance, including fair value accounting as needed across fund portfolio.
• Lead cost segregation studies for eligible properties.
• Oversee property valuations with third-party providers.

Skills

Fund accounting

GAAP

Auditing

Financial reporting

Debt covenants

Cash flow forecasting

Education

Bachelor's degree

CPA preferred

Master's in Accounting

Job description

About 10 Federal Storage:

10 Federal Storage is a leading, high-growth US real estate investment and property management company specializing in automated, technology-driven self-storage facilities across North America. By leveraging cutting-edge technology, our company streamlines traditional brick-and-mortar operations, making asset management highly efficient and scalable.

As the Fund Controller, you will own fund-level accounting and reporting across our real estate investment funds, including REIT accounting, valuations, quarterly financial reporting, cash flow forecasting, and debt covenant compliance. You will serve as the point of contact for annual audit coordination and income tax filings, lead the annual budget process, and support due diligence on property closings, bringing strong fund accounting expertise and sound judgment to the role.

Responsibilities:

Accounting Oversight:

• Manage all Fund-level performance, including future fair value accounting as needed across the fund portfolio.
• Lead cost segregation studies for eligible properties.
• Oversee property valuations in coordination with third-party valuation providers.

Financial Reporting:

• Lead the review of quarterly financial reporting for all funds.
• Ensure timely and accurate reporting to internal and external stakeholders.

Treasury:

• Lead cash flow forecasting and strategic planning across all funds.
• Calculate and process monthly fund asset management fees.
• Calculate and process quarterly fund distributions.

Debt Covenant Compliance:

• Test and monitor compliance with all debt covenants across the fund portfolio.

Audit Coordination:

• Serve as the point of contact and coordinate the annual audit process across all funds.

Tax:

• Serve as the point of contact for tax accountants and own completion of all income tax filings.

Property Closings:

• Assist with due diligence and closing checklist completion on property acquisitions.

Budgeting:

• Lead the annual budget set-up process and manage mid-year adjustments across all funds.

Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field.
• Public Accounting auditing experience highly preferred.
• CPA designation preferred; Master’s in Accounting a plus.
• Strong knowledge of Generally Accepted Accounting Principles (GAAP), including fund accounting.
• Experience with fund-level financial reporting, valuations, and debt covenant compliance in real estate investment structures.
• Experience coordinating annual audits and income tax filings.
• Proficiency in financial reporting tools and systems.
• Excellent analytical and communication skills.