Fractional Controller

Newly founded New York City based Real Estate Lending firm, is seeking a Fractional Controller on a part-time basis (20hrs per week). This will be a contract role, with the potential for growth. The Controller will develop and lead the financial reporting and operations processes. This role will have the opportunity to build the accounting and finance functions.

Responsibilities:

• Development, implementation and maintenance of the accounting practices, internal controls, and business processes.
• Assist in writing standard operating procedures, recommend and implement operational enhancements, and maintain compliance with operational policies and procedures.
• Hands-on oversight of accounting, reporting, performance analysis and compliance of investments.
• Provide cash management support services including administration of bank accounts, management of cash flows, etc.
• Lead relationships with external auditors, accounting/tax advisors, and internal controls.
• Work with team on due diligence of investment opportunities and investment structure.
• Manage investor reporting and requests including capital calls, distributions, and reporting.
• Preparation of the monthly, quarterly and year end closings, including supporting schedules, financial review, variance analysis and the prompt resolution of issues.
• Preparation of financial statements in accordance with the GAAP.
• Perform special ad hoc projects and analysis on a frequent basis.

Qualifications:

• 5+ years hands on experience within REIT, Private Equity Firms or Big Four accounting.
• Previous success in building and scaling the finance function preferred.
• Bachelor’s degree in Accounting, CPA strongly preferred
• Strong knowledge of, and ability to apply, generally accepted accounting principles (GAAP).
• Working knowledge of partnership and corporate taxation.
• Demonstrated ability to work independently and proactively.
• Advanced Microsoft Office Excel skills.