Assistant Fund Controller (Real Estate Private Equity) - 25985

Assistant Controller - West Palm Beach FL - Real Estate Private Equity

Our team is working with a leading Real Estate Private Equity fund based in the Palm Beach area to hire an Assistant Fund Controller to their growing team. The Assistant Fund Controller will be accountable for ensuring the timely and accurate reporting of multiple real estate private equity funds, as well as the related internal and investor reporting requirements and information requests.

Responsibilities:

• Accurate and timely financial books and records for the company’s investment vehicles
• Accurate and timely monthly, quarterly, and year-end financial statements and associated reports
• Reconciliation and review of quarterly capital account statements inclusive of maintaining waterfall models, gross and net IRR’s, and associated partner allocations
• Manage processes for capital calls, distributions, and related investor correspondence
• Maintain line of credit balances and associated cash forecast for the Funds
• Preparation and review of quarterly investor-level questionnaires
• Evaluate and continuously enhance existing procedures related to the Fund Accounting department
• Continuously explore technology-based solutions for investment management platform and accounting, providing paths to increased efficiencies where applicable
• Initiate and manage procedural changes where necessary and take ownership of all relevant processes
• Manage audit processes for existing eight and any future funds
• Ad hoc financial analysis and special projects as assigned
  
  

Qualifications:

• Minimum of a BS in Accounting or Finance (CPA preferred, MBA is a plus)
• 8-15 years of relevant experience in Fund Accounting, experience with top 10 CPA firm desired
• Knowledge of closed-end fund structures (subsequent closes, capital calls, distributions), PE fee structures (management fees, carried interest), private portfolio company investment transactions, and valuation approaches
• Experience with Investment Company Accounting (Fair Market Value, GAAP Accounting, Etc.)
• Working knowledge of a PE Accounting Ledger and associated systems, Yardi system experience desired
• Systems implementation experience is a plus
• Focus on service and quality of information for internal and external clients
• Must be proficient in Microsoft Excel
  
  

This role is a full time hybrid (3 days in 2 at home) opportunity that will offer up to $180K base salary, up to 20% bonus, & great benefits. If you are interested in this opportunity, please reach out to Vincenzo Kulturides directly at vkulturides@daleyaa.com