VP - Fund Controller; REIT

Position: VP - Fund Controller (REIT)

Base pay range

$/yr - $/yr

Additional compensation types

Annual Bonus

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Company Overview

A private, institutional real estate investment management firm with approximately $6B in assets under management is seeking a senior fund accounting leader to oversee financial reporting, controls, and investor reporting for a large, open-ended real estate fund.

The firm invests across multifamily, industrial, self-storage, retail, and office assets and partners with institutional investors nationwide. This role sits at the center of fund operations and works closely with executive leadership, investment teams, and third-party service providers.

Role Overview

The VP, Fund Controller will lead all fund-level accounting, financial reporting, NAV oversight, and compliance for a flagship open-ended real estate fund (~$4B NAV). This individual will manage internal accounting staff and oversee an outsourced fund administrator while ensuring accuracy, transparency, and compliance across complex real estate structures.

This is a hands‑on leadership role with direct responsibility for fund reporting, audits, investor deliverables, and internal controls.

Key Responsibilities

• Oversee fund-level accounting, NAV calculations, and quarterly/annual close for an open-ended real estate fund
• Coordinate closely with an outsourced fund administrator to ensure accurate and timely reporting
• Issue complete and timely financial statements and investor reports
• Manage capital activity tracking, management fees, and fund-level budgeting/forecasting

Compliance & Controls

• Ensure compliance with REIT regulations, debt covenants, and investor reporting requirements
• Oversee fund audits and tax filings in partnership with third-party auditors and tax advisors
• Maintain and enhance internal accounting policies, procedures, and controls
• Monitor taxable income, REIT qualification metrics, and dividend requirements

Transactions & Portfolio Oversight

• Ensure proper accounting for acquisitions, dispositions, joint ventures, and complex fund structures
• Review loan agreements, JV agreements, and transaction documentation for accounting implications
• Support treasury, liquidity planning, and cash flow forecasting

Leadership & Management

• Manage and develop internal accounting staff
• Oversee outsourced service providers (fund administrator, tax, audit)
• Drive process improvements and operational efficiencies across fund accounting

Target Profile /

Required Qualifications

• CPA required
• Bachelor’s degree in Accounting (strong academic background)
• 10+ years of progressive accounting experience, ideally within:
  • Private equity or real estate funds
  • Public accounting with fund or real estate audit experience
• Deep expertise in:
  • Fund-level accounting and NAV calculations
  • Investor reporting and capital activity
  • Managing third-party fund administrators
  • REIT compliance and debt covenant oversight
• Proven experience managing audits, tax filings, and complex real estate transactions
• Strong Excel and financial analysis skills
• Collaborative, hands‑on leader who thrives in a lean, high‑impact environment

Why This Opportunity

• Senior leadership role with direct influence on fund performance and investor reporting
• Stable platform with strong institutional backing and high employee retention
• Opportunity to partner closely with executive leadership and investment teams

Seniority level

Director

Employment type

Full‑time

Job function

Accounting/Auditing and Finance

Industries

Real Estate, Venture Capital and Private Equity Principals, and Investment Management

Benefits

• Medical insurance
• Vision insurance
• 401(k)
• Child care support
• Paid maternity leave
• Paid paternity leave

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