TheASPTeam
Overview
Our client is a Seattle-based real estate investment company. They pride themselves on their disciplined, entrepreneurial approach, fostering long-term partnerships, and consistently delivering outstanding risk-adjusted returns.
They’re seeking an Assistant Controller to lead fund accounting, reporting, compliance, and operational control across an expanding real estate fund platform. Reporting to the Controller, this role combines hands-on fund accounting expertise with internal control oversight, audit coordination, and team leadership to ensure accurate financial reporting, smooth investor relations, and strategic process development.
Responsibilities
Supervise and validate fund-level general ledgers and oversee preparation and review of quarterly and annual GAAP-compliant financial statements.
Manage trial balances, journal entries, and intercompany transactions, ensuring integrity of financial books.
Oversee LP capital contributions, commitments, and distributions. Validate and approve fund waterfall calculations.
Lead capital call and distribution processes, partnering with Investor Relations to ensure accurate and timely communication.
Oversee daily cash management, including reconciliations, liquidity forecasting, and credit facility drawdowns/repayments.
Lead annual fund audit coordination. Oversee tax filing support and K-1 preparation; ensure LPA and investment policy compliance.
Design and enhance internal controls, policies, and procedures to support scalability. Lead implementation and enhancement of fund accounting in system, moving manual workflows to automated processes.
Work with Investor Relations to ensure timely and accurate reporting to LPs.
Assist in producing performance reports, investor dashboards, and other fund-level analytics.
Drive fund and SPV setups, including accounting entity structuring.
Participate in new fund launches—system UAT, accounting setup, and reporting procedures.
Qualifications
Bachelor’s degree in Accounting or Finance; CPA strongly preferred.
6–10+ years in real estate or private equity fund accounting, or prior Assistant Controller/Manager roles.
Strong technical proficiency in GAAP, partnership accounting, capital account management, waterfall models.
Experience with fund accounting platforms and advanced Excel skills.
Proven expertise in audits, tax coordination, treasury management.
Demonstrated leadership in process improvement, system implementation, and stakeholder engagement.
Real estate private equity fund exposure nice to have.
Experience with complex fund launches and multi-entity structures nice to have.
Compensation
Salary range of $120,000 to $140,000 annually
Opportunity for an annual discretionary bonus of 15-25%
Employer-paid premiums for medical, dental, and vision coverage
401(k) plan with employer-matched up to 4%: 100% of the first 3% contributed, 50% of the next 2%
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They’re seeking an Assistant Controller to lead fund accounting, reporting, compliance, and operational control across an expanding real estate fund platform. Reporting to the Controller, this role combines hands-on fund accounting expertise with internal control oversight, audit coordination, and team leadership to ensure accurate financial reporting, smooth investor relations, and strategic process development.
Responsibilities
Supervise and validate fund-level general ledgers and oversee preparation and review of quarterly and annual GAAP-compliant financial statements.
Manage trial balances, journal entries, and intercompany transactions, ensuring integrity of financial books.
Oversee LP capital contributions, commitments, and distributions. Validate and approve fund waterfall calculations.
Lead capital call and distribution processes, partnering with Investor Relations to ensure accurate and timely communication.
Oversee daily cash management, including reconciliations, liquidity forecasting, and credit facility drawdowns/repayments.
Lead annual fund audit coordination. Oversee tax filing support and K-1 preparation; ensure LPA and investment policy compliance.
Design and enhance internal controls, policies, and procedures to support scalability. Lead implementation and enhancement of fund accounting in system, moving manual workflows to automated processes.
Work with Investor Relations to ensure timely and accurate reporting to LPs.
Assist in producing performance reports, investor dashboards, and other fund-level analytics.
Drive fund and SPV setups, including accounting entity structuring.
Participate in new fund launches—system UAT, accounting setup, and reporting procedures.
Qualifications
Bachelor’s degree in Accounting or Finance; CPA strongly preferred.
6–10+ years in real estate or private equity fund accounting, or prior Assistant Controller/Manager roles.
Strong technical proficiency in GAAP, partnership accounting, capital account management, waterfall models.
Experience with fund accounting platforms and advanced Excel skills.
Proven expertise in audits, tax coordination, treasury management.
Demonstrated leadership in process improvement, system implementation, and stakeholder engagement.
Real estate private equity fund exposure nice to have.
Experience with complex fund launches and multi-entity structures nice to have.
Compensation
Salary range of $120,000 to $140,000 annually
Opportunity for an annual discretionary bonus of 15-25%
Employer-paid premiums for medical, dental, and vision coverage
401(k) plan with employer-matched up to 4%: 100% of the first 3% contributed, 50% of the next 2%
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