Assistant Controller - Fund Management
Job #3301
Industry: Real Estate Investment
Location: West Los Angeles (Hybrid)
Salary: $150-165K + Bonus
Tremendous Visibility and Growth!!!
Newly created position due to continued expansion of investment portfolio.
Summary:
In this role, you will work closely with the CAO, supervise remote staff and oversee all aspects of fund reporting.
Responsibilities:
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Liaise with a wide range of internal stakeholders and service providers to ensure the quality and timely flow of financial data
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Oversee calculation of property performance, AUM, NAV, management fees, promote allocations (fund level waterfalls)
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Preparation of financial statements, investor reports, partner capital statements, presentations and management reports
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Provide deal support, including financial analysis and execution of deal cashflows
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Monitor cash and manage cash distribution process
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Participate in any new Fund launches
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Review capital call and distribution notices and cash allocation schedules
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Implement technology that helps automate processes for better efficiency, accuracy and consistency
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Contribute to the valuation process, calculation of gross to net adjustments and preparation of valuation committee materials (including JV level waterfalls)
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Support investment decision process by maintaining fund models, proving scenario/sensitivity analysis, key property and financial metrics and KPIs
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Support budgeting and forecasting process with calculation of management fees and promote
Requirements:
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6-9 years of relevant professional experience including public accounting (Big 4 preferred) and/or fund accounting experience
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Excellent Excel skills (to build models, templates, building macros/pivot tables)
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Strong understanding of business and accounting principles (US GAAP), including consolidation reporting/elimination entries
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A self-directed individual, willing to work in an energetic, collaborative and fast-paced environment, proactive in nature, and a proven ability to learn quickly, display flexibility and adaptability
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Ability to extract meaningful information from extensive research and analysis to effectively present facts and findings
