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: 

  • Liaise with a wide range of internal stakeholders and service providers to ensure the quality and timely flow of financial data

  • Oversee calculation of property performance, AUM, NAV, management fees, promote allocations (fund level waterfalls)

  • Preparation of financial statements, investor reports, partner capital statements, presentations and management reports

  • Provide deal support, including financial analysis and execution of deal cashflows

  • Monitor cash and manage cash distribution process

  • Participate in any new Fund launches

  • Review capital call and distribution notices and cash allocation schedules

  • Implement technology that helps automate processes for better efficiency, accuracy and consistency

  • Contribute to the valuation process, calculation of gross to net adjustments and preparation of valuation committee materials (including JV level waterfalls)

  • Support investment decision process by maintaining fund models, proving scenario/sensitivity analysis, key property and financial metrics and KPIs

  • Support budgeting and forecasting process with calculation of management fees and promote

Requirements:

  • 6-9 years of relevant professional experience including public accounting (Big 4 preferred) and/or fund accounting experience

  • Excellent Excel skills (to build models, templates, building macros/pivot tables)

  • Strong understanding of business and accounting principles (US GAAP), including consolidation reporting/elimination entries

  • 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

  • Ability to extract meaningful information from extensive research and analysis to effectively present facts and findings