Listing Details


 

Interested and Qualified candidates, please submit resume to:
Sierra Olney |sierra@kelleraugusta.com| 401-487-4898

AVP, Assistant Controller

Boston, MA

JOB DESCRIPTION

Company Overview:
Our client is a real estate investment management company known for its vertically integrated platform and
experience in the multifamily sector. This platform is a people-focused investment management company
with experience in U.S. residential real estate. With over 50 years of experience, they manage
approximately $12 billion in real estate assets on behalf of their global institutional clients. They aspire to
improve lives through expert capital stewardship and exceptional living experiences. Their reputation for
innovation and prudence attracts residents in the U.S. and investors from across the nation and from around
the globe.

Position Summary:
The AVP, Assistant Controller will ensure that property accounting and fund financial information is
accurately captured, classified, and recorded in the form of financial statements for assigned portfolios.
This position will provide timely and accurate internal and external reporting about our clients assigned
financial and operational matters.
Essential Functions:
• Oversees assigned property accounting staff review account reconciliations and financial statements
prepared by them
• Oversees internal and external reporting for their portfolio
• Analyzes, understands and presents budget to actual results and identifies causes of significant
favorable and unfavorable results for discussion with management
• Manage adherence to internal controls surrounding financial reporting disclosure and compliance, and
enhance internal controls as needed
• Close books and records, including the provision of information quarterly executive books in a timely
and effective manner
• Oversee the calculation and distribution of minority interests, property distributions and common
distributions on a quarterly basis for assigned portfolio
• Oversee external audit process for assigned portfolio
• Manage the returns calculations (TWR or IRRs) and benchmarking, as applicable
• Responsible for calculation of distributions to noncontrolling interest partners, property distributions
and fund distributions on a quarterly basis, or when applicable, for assigned portfolios
• Where applicable, perform or oversee preparation of debt covenant compliance and debt service
requirements of investor loans
• Where applicable, perform the calculation of debt fair market value
• Where applicable, manage MSCI and INREV submissions and investor’s quarterly/semi-annual
requests
• Manage third party relationships with joint venture partners or fee managed property owners, as
applicable
• Manage and develop Fund Accounting staff
• Manage adherence to internal controls surrounding financial reporting disclosure and compliance, and
enhance internal controls as needed
• Perform other ad hoc accounting duties as required

Job Qualification Requirements:
Knowledge/Experience:
• Minimum of five years of experience (seven years preferred) including real estate or private equity
industry
• Certified Public Accountant
• Open End Fund/Fair value financial reporting experience preferred
• Internal controls – Registered Investment Adviser/Sarbanes Oxley experience preferred
• Experience with financial statements preparation required
• Strong analytical skills with attention to details
• Strong communication and interpersonal skills
• Meeting time sensitive deadlines and managing variable workloads
Technical/ Educational Requirements:
• Bachelor’s degree in accounting required
• Strong computer skills and ability to adapt to technology changes
• CPA license and public accounting experience preferred

Qualifications:
Behaviors:
• Team Player: Works well as a member of a group
• Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done