Real Estate Fund Controller

  • Negotiable
  • San Francisco, CA, USA
  • Permanent, Full time
  • Michael Page International - US
  • 16 Oct 17 2017-10-16

Our client is an established Full Service Real Estate Investment Firm in the Bay Area that specializes in Investment, Asset Management, Financing and much more. Their portfolio consists of commercial real estate properties such as multifamily, retail and industrial etc.

Our client is an established Full Service Real Estate Investment Firm in the Bay Area that specializes in Investment, Asset Management, Financing and much more. Their portfolio consists of commercial real estate properties such as multifamily, retail and industrial etc.

Description

  • Monthly Accounting - Perform detailed review of monthly operating reports for each of the Fund's real estate investments and other assigned properties, perform budget versus actual variance analysis, direct external property management on accounting matters and assist in optimizing the profitability and cash flow of the properties.
  • Budgeting & Forecasting - Coordinate, review and implement annual operating budgets and business plans for the Fund and other assigned properties. Work with the accounting team to forecast income, cash flow, liquidity and other financial information.
  • Quarterly Reporting - Prepare quarterly reports to investors and consultants including full financial statements, footnotes and other financial performance information.
  • Performance Reporting - Prepare and analyze a variety of Fund level and property level performance returns; report and discuss performance with the CFO, and the Firm's Executive Team. Work with the accounting team and other professional staff on financial projections, financial modeling and sensitivity analyses.
  • Year End Audit and Tax Return Coordination - Interface with external auditors and tax return preparers and be responsible for all phases of the annual financial audit, including coordination of audit work papers. Review and file externally prepared annual tax returns.
  • Assist in computing cash distributions to investors and maintain waterfall calculations for the Fund and various joint venture investments.
  • Interface with outsourced third-party property management personnel which run the day-to-day operations of each property.
  • Perform complete controller function for closing of property acquisitions and dispositions, including assisting in financial due diligence.
  • Assist the accounting team in the continued improvement of the Firm's Yardi Voyager information system platform.
  • Perform additional duties as directed by the Firm's Principals and CFO. This list of duties and responsibilities is not all inclusive and may be expanded to include other responsibilities as management may deem necessary from time to time.

Profile

  • BS degree in Accounting or Finance; CPA required
  • Blend of Public and Private Accounting experience (8+ years minimum)
  • Strong GAAP accounting background, including fair value accounting, Tax familiarity is a plus
  • Strong proficiency with Excel, Word Yardi Voyager
  • Excellent written and verbal communication skills.
  • Professional, detail oriented self-starter and team player that is able to work well independently, as well as with others. Must be able to multi-task and pick up tasks quickly.

Job Offer

This is a fantastic opportunity to enter a company while they experience great growth, and thus taking on more and more responsibilities, providing you with the career opportunities you want! A few of the many perks offered by our client are:

  • Competitive pay
  • High bonuses
  • Regular reviews to ensure career growth
  • Clear path towards leadership within the company