Tatum by Randstad is partnering with a dynamic firm specializing in commercial real estate investment, private equity, and fund management. Our client has a diverse portfolio that includes a range of asset classes, including DSTs, debt financing, and more. As they continue to grow, they are seeking an experienced Fractional Controller to provide high-level financial oversight and guidance across the operation.
Job Overview:
The ideal Fractional Controller will play a key role in shaping financial strategies, managing investor relations, overseeing fund-level accounting, and ensuring compliance with all debt covenants. This individual will be directly responsible for financial reporting, investor distributions, managing capital accounts, and navigating the complexities of fund-level operations. This is an exciting opportunity for a strategic thinker with a strong foundation in both commercial real estate and private equity fund management!
The compensation range for this role is $120/hr. to $145/hr. based on experience.
location: Las Vegas, Nevada
job type: Contract
salary: $120 - 145 per hour
work hours: 8 to 5
education: Bachelor's degree
experience: 0 Years
responsibilities:
- Fund Level Accounting & Reporting: Oversee fund-level accounting activities, ensuring accuracy in financial statements, valuations (NAV), and timely reporting to investors.
- Investor Relations & Distributions: Lead investor communications, ensuring transparent distribution schedules, and managing capital accounts. Ensure proper tracking of investor equity, returns, and distributions.
- Commercial Real Estate & Private Equity Expertise: Provide strategic financial insights and guidance in commercial real estate investment and private equity structures.
- Depreciation & Tax Strategies: Manage complex depreciation schedules and advise on tax-efficient strategies for real estate assets and private equity funds.
- DSTs & Debt Financing: Ensure proper handling of Delaware Statutory Trusts (DSTs) and maintain a strong understanding of related tax advantages. Manage debt covenants and compliance, ensuring the organization meets financing obligations.
- Capital Management & Cash Flow Optimization: Oversee cash flow planning and management, ensuring sufficient liquidity while optimizing investments, including reinvesting in Treasuries as needed.
- NAV & Asset Valuation: Lead the monthly and quarterly calculations of NAV, ensuring accuracy for investor reporting and strategic decision-making.
- Treasuries & Investment Strategy: Advise on investing cash reserves in Treasuries, ensuring optimal returns while minimizing risk and maintaining liquidity.
- Financial Forecasting & Strategy: Provide long-term financial forecasts, advise on capital raising strategies, and develop financial models to support the firm's growth trajectory.
qualifications:
- Experience: Minimum of 7-10 years of experience in fund-level accounting, financial management, and investor relations in Commercial Real Estate, Private Equity, or Real Estate Investment Trusts (REITs).
- Knowledge of Key Concepts: Deep understanding of NAV (Net Asset Value), Depreciation, DSTs, Debt Covenants, Investor Distributions, and Capital Accounts.
- Strong Accounting Background: Expertise in Fund Level Accounting, including preparation of financial statements, cash flow analysis, and tax filings.
- Treasury & Investment Management: Proven experience in managing cash flow, liquidity, and investing in Treasuries for fund management.
- Technical Skills: Advanced knowledge of financial modeling, Excel, and accounting software (experience with platforms like Yardi, MRI, or others is a plus).
- Communication Skills: Excellent written and verbal communication skills, with the ability to communicate complex financial concepts to investors, board members, and other stakeholders.
- Certifications: CPA, CFA, or similar professional designation preferred.
- Must be able to work onsite in Las Vegas, NV
skills: Fund Accounting, Property Accounting, Private Equity, Debt Covenants, Commercial Real Estate Lending
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.
At Randstad, we welcome people of all abilities and want to ensure that our hiring and interview process meets the needs of all applicants. If you require a reasonable accommodation to make your application or interview experience a great one, please contact HRsupport@randstadusa.com.
Pay offered to a successful candidate will be based on several factors including the candidate's education, work experience, work location, specific job duties, certifications, etc. In addition, Randstad offers a comprehensive benefits package, including health, an incentive and recognition program, and 401K contribution (all benefits are based on eligibility).
This posting is open for thirty (30) days.
