Controller

Company Description:
The company is a private real estate investment firm led by two former C-suite executives at Brookfield. The firm is focused on acquiring and operating office, urban retail, multifamily, and mixed-used assets in the New York metro and other U.S. gateway and growth markets. The firm employs a value-oriented approach focused on repositioning, redevelopment and development strategies and selectively pursues non-performing loans. The firm currently has an investment portfolio comprising AUM in excess of $450 million and is in active expansion mode in building out its portfolio. The firm is based in Midtown Manhattan.

Position:
We are seeking an experienced Controller with deep real estate experience to lead the firm’s oversight of the accounting, financial reporting, and treasury operations. The ideal candidate will bring deep technical expertise in real estate investment accounting and strong institutional framework for financial controls, reporting, and compliance, with broad-based experience in fund administration, tax compliance, and principal-level financial support. The Controller will report directly to the Principals and collaborate closely with internal stakeholders across asset management, acquisitions, project/construction management, investor relations, and legal functions.

Roles & Responsibilities:
Oversight of Third-Party Property Accountants

• Direct and manage third-party property management accounting teams
• Review and validate monthly property-level financial reporting packages, including rent rolls, general ledgers, trial balances, and bank reconciliations
• Oversee general ledger accounting, month-end and year-end closings, consolidations, and financial statement preparation across corporate, property, and fund entities

Treasury and Cash Management

• Oversee daily treasury operations including invoice approval, payment processing, debt service, and capital expenditure tracking (including for a significant, repositioning capital project at one of the firm’s office holdings)
• Manage capital calls and distributions across joint venture and potential structures
• Monitor cash positions across all entities and coordinate intercompany transfers to maintain liquidity

Investment Vehicle and Fund Oversight

• Lead accounting and operational execution for all investment structures including Joint Ventures, Separate Managed Accounts, and Commingled Funds
• Track and process capital activity (calls, distributions, waterfalls, promote allocations)
• Ensure compliance with operating agreements, fund documents, and regulatory requirements
• Lead the preparation of investor reporting, including capital account statements and performance summaries
• Coordinate with external fund administrators, legal counsel, and auditors as needed

Debt and Loan Administration

• Oversee all loan activity, including draw requests, mortgage payments, and lender reporting compliance
• Manage debt covenant monitoring, compliance calendars, and coordinate with lenders on strategic financing activities
• Oversee property financing, including documentation, closing, and refinancing of all loan types

Tax Oversight

• Manage quarterly and annual tax compliance across all entities
• Oversee third-party tax preparers for preparation of returns, K-1s, and investor-level allocations
• Review tax filings for accuracy and completeness; coordinate timing and delivery with internal and external parties
• Support tax planning initiatives in collaboration with internal and external advisors

Principal-Level Financial Support

• Assist firm principals with monitoring and managing personal investment holdings
• Coordinate with personal tax advisors, estate planners, and legal counsel to support financial and administrative needs
• Help manage tracking and reporting across personal investment entities, trusts, and affiliated vehicles

Roles & Responsibilities:

• Bachelor’s degree in Accounting, Finance, or a related field; CPA preferred
• 8+ years of accounting experience, with a minimum of 5 years in a real estate investment or fund management. Experience with office and multifamily properties is preferred
• Deep understanding of real estate investment structures, including joint ventures, separate accounts, and commingled funds
• Proven experience with asset- and fund-level accounting, including capital calls, distributions, waterfalls, and performance reporting
• Experience managing external audit and tax service providers; oversight of annual audits and tax return processes
• Familiarity with fund formation and regulatory compliance for investment vehicles
• Proficiency in real estate accounting systems (e.g., Yardi, MRI) and advanced Excel skills

For consideration, please email a copy of resume to [email protected].

Job Type: Full-time

Pay: $100,000.00 - $200,000.00 per year

Benefits:

• Health insurance
• Paid time off
• Retirement plan

Work Location: Hybrid remote in New York, NY 10017