NY Staffing
Fund Controller Opportunity
The Neuberger Berman Private US Residential Real Estate Debt Strategies group ("RESI") is seeking a Fund Controller to join the finance team that is responsible for the financial and investor reporting for a series of residential credit funds and separate account mandates with approximately $16 Billion of AUM across the platform. The RESI finance group operates in a collaborative team environment, sharing responsibilities across multiple areas of focus, supporting the deal operations of the RESI business team. Responsibilities:
Working close with business team to understand the various loan portfolio's and support acquisitions, dispositions and financing arrangements Communication with audit firms, fund administrators and custodians to facilitate the financial reporting process. Monthly and/or Quarterly financial reporting processes, including preparation/review of transactional activity, recalculation of management fees and carried interest, review of financial statements and partner capital reports. Supporting treasury operations, including cash liquidity management, approval of transaction fundings, vendor payments, calculation of capital calls and distributions Coordination with and support of Operations Team charged with reconciliation of monthly servicer reports Management oversight of the loan facilities, including draw requests, payment processing and monitoring loan compliance Performance measurement, including calculation of IRRs, investment multiples and time-weighted returns Review of Limited Partnership Agreements and other agreements to ensure accuracy and compliance with fund allocations, management fees, carried interest, organization costs, etc. Preparation of investor requests and internal requests on a ad hoc and recurring basis Review and understanding of fund structures, including master/feeder structures and blockers Participation in Firm-wide initiatives, sharing information and experiences with other Alts Finance Teams Working to create process improvements and efficiencies in all areas of responsibilities Communication with a multi-location finance organization (Chicago and New York) and the Chicago based business team, from NB's New York Headquarters Qualifications:
Bachelor's degree in Accounting, CPA required 7-9 years of experience, including Big 4 Prior experience with Private Equity Fund Structures is required Strong Microsoft Office skills Demonstrated ability to work in a collaborative environment Excellent supervisory and staff development skills Must be a self-starter, dedicated to the success of the organization's goals Excellent analytical skills, strong planning and organizational skills Strong written and verbal communication skills Ambitious and able to work well under pressure Compensation Details:
The salary range for this role in Illinois is $140,000-$185,000 and the salary range for the role in New York is $140,000-$185,000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee's pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, business sector, performance, shift, travel requirements, sales or revenue-based metrics, market benchmarking data, any collective bargaining agreements, and business or organizational needs. This job is also eligible for a discretionary bonus, which, along with base salary and retirement contributions, is part of our total comprehensive package. We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), life insurance and other benefits to eligible employees. Neuberger Berman is an equal opportunity employer. The Firm and its affiliates do not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.
The Neuberger Berman Private US Residential Real Estate Debt Strategies group ("RESI") is seeking a Fund Controller to join the finance team that is responsible for the financial and investor reporting for a series of residential credit funds and separate account mandates with approximately $16 Billion of AUM across the platform. The RESI finance group operates in a collaborative team environment, sharing responsibilities across multiple areas of focus, supporting the deal operations of the RESI business team. Responsibilities:
Working close with business team to understand the various loan portfolio's and support acquisitions, dispositions and financing arrangements Communication with audit firms, fund administrators and custodians to facilitate the financial reporting process. Monthly and/or Quarterly financial reporting processes, including preparation/review of transactional activity, recalculation of management fees and carried interest, review of financial statements and partner capital reports. Supporting treasury operations, including cash liquidity management, approval of transaction fundings, vendor payments, calculation of capital calls and distributions Coordination with and support of Operations Team charged with reconciliation of monthly servicer reports Management oversight of the loan facilities, including draw requests, payment processing and monitoring loan compliance Performance measurement, including calculation of IRRs, investment multiples and time-weighted returns Review of Limited Partnership Agreements and other agreements to ensure accuracy and compliance with fund allocations, management fees, carried interest, organization costs, etc. Preparation of investor requests and internal requests on a ad hoc and recurring basis Review and understanding of fund structures, including master/feeder structures and blockers Participation in Firm-wide initiatives, sharing information and experiences with other Alts Finance Teams Working to create process improvements and efficiencies in all areas of responsibilities Communication with a multi-location finance organization (Chicago and New York) and the Chicago based business team, from NB's New York Headquarters Qualifications:
Bachelor's degree in Accounting, CPA required 7-9 years of experience, including Big 4 Prior experience with Private Equity Fund Structures is required Strong Microsoft Office skills Demonstrated ability to work in a collaborative environment Excellent supervisory and staff development skills Must be a self-starter, dedicated to the success of the organization's goals Excellent analytical skills, strong planning and organizational skills Strong written and verbal communication skills Ambitious and able to work well under pressure Compensation Details:
The salary range for this role in Illinois is $140,000-$185,000 and the salary range for the role in New York is $140,000-$185,000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee's pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, business sector, performance, shift, travel requirements, sales or revenue-based metrics, market benchmarking data, any collective bargaining agreements, and business or organizational needs. This job is also eligible for a discretionary bonus, which, along with base salary and retirement contributions, is part of our total comprehensive package. We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), life insurance and other benefits to eligible employees. Neuberger Berman is an equal opportunity employer. The Firm and its affiliates do not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.