Title: Fund Controller
Industry: Financial Services - Investment Management
Location: Westside (LA) - Hybrid
Overview: Pacific Executive Search has been engaged on a search for a Fund Controller who will oversee all financial management and accounting aspects of a diversified portfolio of real estate investments and operating businesses. This role offers the opportunity to work remotely on Fridays while being based in the appealing region of Westside Los Angeles, known for its vibrant culture and lifestyle. You'll play a crucial role in driving financial accuracy and compliance, contributing to the growth and success of the organization.
Description:
Responsibilities
Lead a team to ensure the CFO receives accurate and timely GAAP financial reports for funds and associated entities, including billing, accounts receivable, accounts payable, general ledger, and revenue recognition.
Oversee the preparation of budgets, proformas, and financial forecasts, and report on variances and trends quarterly.
Collaborate with the Assistant Fund Controller and Fund Administrator to produce and distribute monthly and quarterly financial statements and partner capital reports.
Manage the preparation of regulatory filings and investor reports.
Establish reporting calendars to enhance efficiency and meet deadlines as outlined in Limited Partnership Agreements.
Work alongside the Assistant Fund Controller and third-party fund administrator to ensure compliance with the Limited Partnership Agreement in maintaining books and records.
Coordinate with the Assistant Fund Controller and external CPA firm to ensure accurate and timely tax return filings, implementing strategies for tax advantages based on current legislation.
Enhance and refine reporting processes for improved efficiency.
Investigate technical accounting issues to ensure compliance with regulations.
Support the month-end and year-end closing processes to ensure timely financial reporting.
Qualifications
Bachelor's degree in Accounting, Business, or Finance is essential.
CPA certification is preferred.
An advanced degree in accounting is an advantage.
Over 10 years of combined experience in accounting and finance, with prior experience in an Assistant Controller role being beneficial.
Experience in private equity real estate, construction, or development is required.
In-depth knowledge of accounting principles and practices.
Proven experience in preparing financial statements and tax returns.
Familiarity with general ledger functions and the month-end/year-end closing process.
Strong proficiency in accounting software and administration.
Advanced skills in Excel and Microsoft Office; knowledge of Yardi is a plus.
Demonstrated ownership, hands-on approach, and effective communication skills across all levels of the organization.
High integrity and reliability, with a strong sense of urgency and commitment to results.
Self-motivated, solution-oriented, and results-driven.
Dynamic, adaptable, collaborative, and proactive; a team leader capable of positively influencing both strategic and operational finance initiatives.
