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Real Estate Fund Controller – Top Firm (100% Paid Healthcare!)
Location: Boston, Massachusetts
Workspace Type: Hybrid
Base Salary: $160,000 - $200,000
A top-performing real estate investment manager is adding a Real Estate Fund Controller to its investor accounting leadership team. The firm is widely respected across the institutional real estate market, with a strong track record across multiple cycles, a stable senior leadership group, and a platform that continues to evolve across core, core-plus, value-add, separate account, and newer growth strategies. It offers the sophistication and resources of a larger investment platform, while still maintaining the accessibility, collaboration, and direct business exposure of a more entrepreneurial firm.
This is a high-impact seat for someone who wants to be closer to the business than a traditional accounting role. The person will have ownership across fund-level reporting, investor accounting, waterfalls, joint ventures, separate accounts, tax coordination, lender reporting, portfolio support, and team leadership, with regular interaction across portfolio management, capital markets, investor services, tax, auditors, lenders, and senior leadership.
Company Overview & Benefits
The firm offers a highly competitive total compensation and benefits package, including:
- Profit sharing
- 100% company-paid medical, dental, and vision premiums
- Additional healthcare reimbursement support
- Strong retirement and insurance benefits
- Complimentary MBTA pass
- Generous parental leave and employee-focused perks
- Collaborative, high-performing culture
Responsibilities
- Fund accounting leadership: Oversee fund-level accounting and investor reporting for a portfolio of real estate funds, separate accounts, and/or managed accounts.
- Team management: Manage, mentor, and review the work of portfolio accounting team members.
- Financial reporting: Review quarterly and annual financial statements, supporting schedules, audit deliverables, and fund-level reporting under US GAAP.
- Capital activity and waterfalls: Review capital calls, distributions, investor allocations, performance calculations, waterfalls, and incentive fee calculations.
- Transaction accounting: Review accounting for acquisitions, dispositions, financings, debt activity, joint ventures, and other complex transactions.
- Cross-functional partnership: Work closely with portfolio management, capital markets, investor services, tax, legal, auditors, lenders, and external advisors.
- Portfolio and lender support: Support cash flow planning, portfolio reporting, lender reporting, tax deliverables, and ad hoc analysis.
- Process improvement: Identify opportunities to improve processes, controls, reporting consistency, and workflow efficiency.
Qualifications
- Relevant experience of combined public accounting and real estate private equity, real estate investment management, or institutional real estate accounting experience
- CPA required
- Prior Big 4 or national public accounting foundation strongly preferred
- Meaningful fund-level accounting and reporting experience required
- Experience with complex fund structures, separate accounts, joint ventures, capital allocations, and waterfalls
- Strong technical accounting ability, including the ability to research, interpret, and document complex accounting matters
Job ID: 1887
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