What are the responsibilities and job description for the Assistant Controller (Real Estate) position at Atlantic Group?
Job Overview – Assistant Controller (Real Estate):
Advance your career with our client as an Assistant Controller in New York, NY, overseeing Real Estate Fund Accounting for open and closed-ended funds. Collaborate with global teams and partners to ensure operational and reporting excellence.
Compensation: $155,000 - $175,000/year bonus
Location: New York, NY
Schedule: Monday to Friday (Hybrid)
Responsibilities as the Assistant Controller (Real Estate):
- Fund Operations & Administration: Drive the operational success of open-ended real estate funds, managing day-to-day fund activities and processes.
- Service Provider Oversight: Lead key relationships with global service providers, including fund administrators, valuation providers, and public accounting firms.
- Transaction Management: Collaborate with investment, finance, and external teams to process capital calls, distributions, wire transfers, and investor communications.
- Property-Level Support: Work closely with property managers, operating partners, joint venture executives, and lenders to ensure seamless property-level accounting.
- Valuation Review: Assist in reviewing quarterly valuation analyses and contribute to the valuation committee process.
- Financial Statement Review: Oversee the preparation and review of quarterly GAAP financial statements and Limited Partner reports by the fund administrator.
Qualifications for the Assistant Controller (Real Estate):
- Education: Bachelor’s degree in Accounting, Finance, or a related field.
- Experience: 6-8 years of experience in Real Estate Fund Accounting, ideally with exposure to both open-ended and closed-ended funds.
- Expertise: Knowledge of operating and non-operating models, equity pickup models, and fair value accounting is highly preferred.
- Technical Skills: Proficiency in implementing system enhancements and automation to streamline processes.
- Background: Combination of public and private accounting experience or strong private accounting experience in real estate funds.
- Skills: Strong analytical, organizational, and problem-solving abilities with attention to detail.
Application Notice: Qualified candidates will be contacted within 2 business days of application. If an applicant does not meet the above criteria, Atlantic Group will keep your resume on file for future opportunities and may contact you for further discussion.
#40595
Salary : $155,000 - $175,000
