Fund Controller - Real Estate Debt Funds
Our client is a leading global real estate investment management advisor, lender, and service provider. Operating across major global markets. Managing diverse real estate portfolios across office, industrial, multi-residential, retail, and hospitality sectors.
This role focuses on financial accounting for a portfolio of funds within the firm's European real estate debt platform. Reporting directly to the Finance Manager, the Fund Controller will support financial reporting, tax, and liquidity management for a new global fund structure. The position involves close collaboration with third-party fund administrators, tax advisors, facility providers, and internal deal and asset management teams.
Key Responsibilities
- Financial & Investor Reporting: Review quarterly financial statements and investor capital statements prepared by the fund administrator; assist in coordinating the quarterly investor reporting package; respond to bespoke investor queries.
- Calculations & Cash Management: Review management fee calculations and interest calculations for debt investments alongside Interest Payment Date (IPD) statements.
- Fund Liquidity & Capital Activity: Monitor fund liquidity; coordinate drawdowns under subscription lines, investor capital calls, and distributions; work with the administrator on notices ensuring alignment with LPAs and fund waterfalls.
- Deal Support & Operations: Coordinate funding for new transactions alongside deal teams; handle financial administration tasks including KYC processes, bank account setup, legal entity management, expense reviews, and invoice approvals.
- Audit & Tax Compliance: Coordinate the annual audit process and review VAT and relevant tax returns.
- Fund Modelling: Perform quarterly updates of fund models (full training and support provided to build modeling capability).
Candidate Profile
- Qualifications: ACA, ACCA, CIMA, or equivalent professional accounting qualification.
- Experience: Minimum of 2 years in fund accounting or fund controller roles with closed-ended funds, gained either in-house or at a fund administrator.
- Sector Focus: Experience with credit or private debt funds is strongly preferred; candidates with robust private equity fund backgrounds will also be considered.
- Technical Skills: Strong Excel capabilities with an enthusiasm to refine financial modeling skills.
- Desirable Exposure: Prior exposure to Luxembourg fund structures and multi-currency funds.
