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  • Location: West LA, California
  • Remote: Remote
  • Type: Direct Hire
  • Job #491

Publicly-traded asset management firm in West LA is looking for an Assistant Controller for their real estate equity accounting team and is responsible for day-to-day oversight of multiple funds and managing an external fund administrative team. Fund structures may include commingled equity and debt closed and open-ended funds, joint ventures and separate accounts.


  • Financial Reporting and Management
    • Instruct and oversee fund service providers (administrators, depositaries) to ensure performance is in line with agreed service levels
    • Liaise with a wide range of internal stakeholders and external 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) and cost recharges
    • Support preparation of financial statements, investor reports, partner capital statements, presentations, questionnaires and head office management reports
    • Provide deal support, including financial analysis and execution of deal cashflows
    • Monitor cash and manage cash distribution process
    • Allocate and review costs and expense recharges
    • Manage audit and tax reporting processes
    • Participate in any new Fund launches
    • Help maintain manager Fund track record
    • Maintain Fund dashboard
    • Review capital call and distribution notices and cash allocation schedules
    • Support on DDQ and presentations for fundraising
    • Work with team to implement technology that helps automate processes for better efficiency, accuracy and consistency
  • Portfolio Management
    • 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
    • Support risk management processes with qualitative and quantitative fund data
  • Treasury
    • Cash management, including oversight of fund reserves and cash requirements
    • Manage fund level debt facilities (drawdowns, repayments, covenants, extensions)
  • Bachelor’s Degree required in Accounting, Finance, Business Administration or a similar field
  • Licensed CPA (active of inactive) preferred
  • 6-9 years of relevant professional experience including public accounting (Big 4 preferred) and/or fund accounting experience
  • Strong understanding of business and accounting principles (US GAAP), including consolidation reporting/elimination entries.
  • Advanced excel experience strongly preferred
  • Ability to assist in managing several third party relationships
  • Excellent Excel skills (to build models, templates, building macros/pivot tables).
  • Real estate G/L system knowledge a plus
  • Dependable, great attitude, highly motivated and a team player
  • Strong problem-solving and analytical skills.
  • Flexibility regarding role profile and willingness to take on new projects and learn new skills
  • Outstanding communication (written and verbal), presentation, documentation, and interpersonal skills; strong customer focus
  • Ability to successfully manage multiple priorities and competing demands; strong time management and prioritization skills
  • High accuracy and detail orientation; confident decision-making skills
  • Ability to extract meaningful information from extensive research and analysis to effectively present facts and findings in a digestible format; a keen eye for attention to detail
  • Good judgment in terms of escalating issues vs. solving problems independently• An analytical mind and a passion/interest in bringing new ideas to increase efficiency of existing processes
  • Must possess strong integrity and professionalism
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