Controller Assistant
3 weeks ago
Estimated Salary: $120,000 - $180,000 per year
About the Role:The Sterling Organization LLC is seeking an experienced Assistant Controller – Private Equity to join its corporate headquarters in West Palm Beach, FL.
The successful candidate will be responsible for ensuring timely and accurate reporting of multiple real estate private equity funds. This includes internal and investor reporting requirements and information requests.
This role requires strong attention to detail, problem-solving skills, and a process-oriented approach. Time management is critical, as priorities and responsibilities shift quickly, alongside regular monthly, quarterly, and annual accounting and reporting requirements.
Key Responsibilities:- Accurate and timely financial books and records for investment vehicles
- Preparation and review of monthly, quarterly, and year-end financial statements and associated reports
- Reconciliation and review of quarterly capital account statements, including maintaining waterfall models, gross and net IRRs, and partner allocations
- Management of processes for capital calls, distributions, and related investor correspondence
- Maintenance of line of credit balances and associated cash forecasts for Funds
- Preparation and review of quarterly investor-level questionnaires
- Evaluation and enhancement of existing procedures related to Fund Accounting department
- Exploration of technology-based solutions for investment management platform and accounting
- Minimum of BS in Accounting or Finance (CPA preferred, MBA plus)
- 8-15 years of relevant experience in Fund Accounting, experience with top 10 CPA firms desired
- Knowledge of closed-end fund structures, PE fee structures, private portfolio company investment transactions, and valuation approaches
- Experience with Investment Company Accounting (Fair Market Value, GAAP Accounting, etc.)
- Working knowledge of PE Accounting Ledger and associated systems, Yardi system experience desired
- Systems implementation experience a plus
We are an equal opportunity employer committed to providing a diverse and inclusive work environment.
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