Fund Controller

Title: Fund Controller
Location: New York City, NY (Onsite)
Education: Bachelor s degree in accounting

Job Description:

The client is looking to hire a candidate to join the Finance Team, which oversees a portfolio of rapidly expanding residential credit funds and separate account mandates across the platform. This role is based at the New York and supports the Business Team located in the Central Time Zone (CST), while collaborating with Finance Team members across both CST and Eastern Time Zone (EST).

The team operates in a highly collaborative environment, sharing responsibilities across multiple focus areas to support the Business Team effectively. We are seeking an individual to join the growing group of Fund Controllers dedicated to this business. The ideal candidate will have experience managing both commingled and separate account structures, demonstrate strong ownership of assigned funds, and effectively oversee Fund Administrators. A

focus on operational efficiency, paired with a strong commitment to risk mitigation, is essential for success in this role.

Key Responsibilities

• Portfolio Support & Strategic Transactions: Partner closely with the Business Team to gain deep insight into loan portfolios and provide financial support for acquisitions, dispositions, and financing activities.
• Autonomous Decision-Making with Escalation Judgment: Operate independently while exercising sound judgment to escalate issues to Finance leadership when necessary.
• Financial Reporting & Oversight: Lead monthly and quarterly reporting cycles, including review of transactional activity, management fee and carried interest calculations, and validation of financial statements and capital reports prepared by Fund Administrators.
• Treasury & Liquidity Management: Oversee treasury operations, including cash flow monitoring, transaction approvals, vendor payments, and capital call/distribution calculations.
• Operational Coordination: Collaborate with the Operations Team to ensure accurate reconciliation of monthly loan servicing reports and data integrity.
• Loan Facility Administration: Manage loan facilities by coordinating draw requests, processing payments, and monitoring compliance with loan covenants.
• Performance Analytics: Calculate and analyze key performance metrics such as IRRs, investment multiples, and time-weighted returns to support strategic decision-making.
• Fund Documentation & Compliance: Review Limited Partnership Agreements and related documents to ensure alignment with fund terms, including allocations, fees, carried interest, and organizational expenses.
• Investor & Internal Reporting: Prepare and respond to investor and internal requests on both a recurring and ad hoc basis, ensuring accuracy and timeliness.
• Fund Structure Expertise: Maintain a strong understanding of fund structures, including master-feeder arrangements and blocker entities, to ensure proper accounting and reporting.