Portfolio Controller

RCLCO Fund Advisors (“RFA”), a division of RCLCO, is a SEC Registered Investment Advisor and leading real estate investment consulting firm that advises some of the world’s largest pension funds, sovereign wealth funds, and institutional investors. Providing tailored investment solutions by leveraging its deep understanding of market dynamics, RFA assists its clients in the implementation of their real estate strategy through the allocation and management of real estate capital across all real estate strategies and property types.

RFA currently has approximately $88 billion of assets under advisement and has advised on over $11 billion of equity investments for its clients. RFA builds upon our decades of experience and renowned expertise in applied real estate analysis to address the important and unique issues regarding real estate investing faced by institutional investors, including:

• Developing strategies that maximize value throughout the cycle through the development and implementation of investment ideas, pacing plans, policies, and risk management systems;
• Providing high quality and forward-looking investment analyses, including review of buildings, separate accounts, and funds and programmatic joint ventures that will provide superior risk- adjusted investment returns;
• Developing and implementing asset monitoring systems that identify and manage risk in existing portfolios on a timely basis to maximize value; and
• Providing strategic thinking regarding investment analyses, portfolio construction, and management through presentations, articles, and custom work for clients.

POSITION SUMMARY:

RFA is seeking a Portfolio Controller to be based in Denver, Colorado OR Los Angeles, California. The Controller will be considered a Vice President at the firm, leading the accounting, fund administration support, and portfolio reporting functions for the firm’s institutional separate accounts and programmatic joint ventures, serving as the primary finance and accounting partner to the Portfolio Management team and ensuring the accuracy and integrity of portfolio accounting, fund administration, and financial reporting across the firm’s institutional investment programs.

Working closely with institutional clients, investment managers, third-party accounting providers, and internal portfolio managers, this role maintains the integrity of portfolio accounting and reporting across multiple investment vehicles. The position combines fund administration, portfolio accounting, investment operations, financial analysis, and process improvement, requiring both strong technical accounting expertise and a deep understanding of institutional real estate investments. The ideal candidate has experience in real estate fund administration or institutional portfolio accounting and enjoys building processes, solving complex accounting issues, and collaborating across multiple stakeholders.

PRIMARY RESPONSIBILITIES:

Executive Leadership & Team Oversight

• Lead, mentor, and scale a high-performing team responsible for portfolio accounting, fund administration, and financial reporting.
• Set standards and long-term strategy for accounting and reporting excellence across all client portfolios.
• Serve as a senior leader within the platform, collaborating across departments in conjunction with the Portfolio Manager.

Fund Administration

• Support the day-to-day fund administration activities for institutional investment vehicles.
• Coordinate quarterly reporting deliverables across investment managers, third-party accounting providers, and internal portfolio managers.
• Manage capital calls, investor contributions, distributions, and related cash movements.
• Review distribution calculations and waterfall allocations in accordance with governing agreements.
• Support cash management activities and monitor portfolio liquidity.
• Maintain reporting calendars and ensure timely completion of recurring client deliverables.
• Coordinate annual compliance requirements, including collection and review of investment manager fee calculations, waterfalls, insurance certificates and other required documentation.
• Support onboarding of new client mandates, investment…