Senior/Asst Fund Controller – Real Estate Fund Accounting (Hybrid)

Connect Search, LLC; Chicago (IL); Hybrid; USD 95,000 - 130,000; Full time

Benefits offered by this job

CPA

Partnership accounting

Real estate fund or JV experience

Automation/AI tools

Job summary

Connect Search, LLC is partnering with a long-standing Chicago real estate investment manager to hire into a senior fund accounting team. The role will own accounting, reporting, and audit for multiple funds and entities from close to sign-off, handling acquisitions, financing, treasury, investor reporting, and dispositions.

Positions available at Senior Fund Accountant or Assistant Fund Controller level, depending on experience.

Qualifications

• 3+ years for Senior; 4+ years for Assistant Fund Controller
• Public accounting audit, fund administration, or PE/RE fund accounting
• Multi-entity close and capital activity experience, done or audited
• Strong Excel (lookups, pivots); comfortable with fund accounting systems
• Clear communicator who brings a recommendation with the problem

Responsibilities

• Quarterly and year-end close, fund financial statements, and footnotes for your funds
• Balance sheet recs and GL across multi-entity fund structures
• JV partner reporting: consolidation, opening entries, gain or loss on investment
• Daily cash recs, weekly payables, and loan draws, plus tracking loan principal and interest
• Capital call and distribution calcs and notices, including pref, waterfall, and fees
• The annual audit: PBC list, lead schedules, and auditor questions
• Reading LPAs, loan docs, and org charts to set up the accounting
• Process and AI projects that make the team faster

Skills

Excel

Communication

Fund accounting

Education

CPA

Tools

Fund accounting systems

Job description

Connect Search, LLC is partnering with a long-standing Chicago real estate investment manager to hire into a senior fund accounting team. The role will own accounting, reporting, and audit for multiple funds and entities from close to sign-off, handling acquisitions, financing, treasury, investor reporting, and dispositions.

Positions available at Senior Fund Accountant or Assistant Fund Controller level, depending on experience.