Controller

Overview This newly established Controller position offers the chance to architect and lead the internal finance function for a Southern California-based real estate investment firm managing nearly $600 million in multifamily assets. Reporting directly to the founding partners, the role demands a seasoned accounting professional with deep expertise in real estate private equity fund accounting, consolidations, and financial reporting.

The successful candidate will transition a largely outsourced accounting operation in-house, gaining direct exposure to senior leadership and shaping the firm’s financial infrastructure as it scales. Title: Controller Industry: Real Estate Investment Management Location: West Los Angeles Responsibilities Manage the end-to-end month-end close process, overseeing property-level and fund-level financial statements prepared by external accounting teams and ensuring timely, accurate consolidation into owner-level reporting.

Coordinate and review fund economics including NAV calculations, management and performance fee waterfalls, and investor allocations in alignment with fund agreements and side letters. Administer the firm’s accounting systems architecture, including chart of accounts design, user access controls, and integration of multiple property management and fund administration platforms. Oversee accounts payable and vendor relationships across management company and fund entities, ensuring proper allocation, intercompany rebills, and expense reimbursements.

Lead cash management and treasury functions, maintaining liquidity oversight, enforcing internal controls such as segregation of duties and wire approval protocols, and managing short-term investments. Prepare and reconcile lender reporting packages, including operating statements, rent rolls, and covenant calculations, supporting the asset management team’s lender relationships. Coordinate tax and audit processes with external providers, including preparation of year-end tax packages, K-1s, and compliance filings across multiple jurisdictions.

Qualifications Must-Have: Bachelor’s degree in accounting or finance; CPA designation strongly preferred. Extensive experience in real estate private equity accounting, including multifamily property and fund-level accounting. Proven track record consolidating multiple property-level books into comprehensive owner-level financial reports for tax and lender purposes. Hands-on expertise with private fund accounting concepts such as NAV, capital accounts, carried interest waterfalls, and partner allocations.

Strong command of month-end close, general ledger reconciliations, and financial statement preparation under US GAAP. Demonstrated ability to manage and hold accountable outsourced fund administrators and property accounting providers. Fluency with major real estate accounting platforms (e.g., Yardi, MRI, AppFolio) and fund administration systems, including system administration and multi-platform integration.

Experience designing and enforcing internal controls around cash, accounts payable, and wire transfers. Nice-to-Have: Background in public accounting or Big 4 audit with exposure to real estate clients. Familiarity with lender reporting requirements and loan covenant calculations. Experience leveraging automation and AI tools to streamline the close process. Prior involvement in building or scaling an internal finance or accounting team.