Controller, Real Estate Fund Accounting

About the role

You will own the consolidation and close schedule for a portfolio of real estate funds, ensuring that every entry and adjustment is traceable and complete. You will own the maintenance of individual partner capital accounts, including detailed tracking of contributions, distributions, and earnings allocations over time. You will own the preparation of performance measurement reports that translate complex activity into clear insights for oversight partners. You will own the reconciliation of ledgers to sub-ledgers, resolving discrepancies before they escalate into reporting concerns. You will own the cash flow forecasting process, building scenarios that reflect transaction timing and liquidity constraints across the portfolio. You will own coordination with tax, treasury, and external auditors to support documentation, testing, and compliance requirements. You will own the integrity of data throughout the investment lifecycle, from acquisition through disposition, and you will own the testing of controls that protect that integrity. You will own participation in new investment onboarding and ongoing liquidity management, ensuring that processes remain consistent with fund documents and investor expectations.

Key facts

What you'll do

Coordinate the consolidation of multiple real estate fund accounting books with a focus on accuracy, timeliness, and transparency.

Build and maintain detailed close checklists that map tasks, owners, and deadlines for each reporting period.

Reconcile investor capital accounts, ensuring that activity aligns with fund agreements and supporting documentation.

Prepare management reports that highlight key performance metrics, variances, and drivers of change across the portfolio.

Lead the documentation of accounting policies and procedures related to fund accounting and capital accounting.

Partner with the valuations team to review pricing inputs and ensure that asset valuations are supported by appropriate methodology.

Support the preparation of cash flow forecasts, testing assumptions, and updating scenarios as transactions occur.

Collaborate with tax advisors to ensure that capital account activity and allocations are aligned with tax reporting requirements.

Serve as a key point of contact for external auditors, providing schedules, testing support, and responses to information requests.

Assist in the evaluation and implementation of process improvements that enhance control effectiveness and reduce manual effort.

Coordinate with portfolio oversight and investment teams to ensure that transaction details are captured correctly in accounting systems.

Own the maintenance of detailed workpapers that document calculations, assumptions, and reconciliation conclusions.

Support the integration of new investments, including capital call and distribution waterfall calculations during onboarding.

Participate in ad hoc analysis related to liquidity, capital deployment, and performance for internal and external stakeholders.

Contribute to the execution of month-end and year-end close activities, including balance sheet reconciliation and footnote preparation.

Requirements

You must have a Bachelor's degree in Accounting, Finance, or a related field.

You must have at least 5 years of progressive experience in real estate fund accounting or a related role.

You must have a strong understanding of partnership accounting, capital accounts, and waterfall calculations.

You must be experienced with consolidation practices and the preparation of management reporting for multiple entities.

You must have proficiency in Microsoft Excel, including advanced use of formulas, pivots, and complex reconciliations.

You must have experience working with general ledgers, sub-ledgers, and trial balance reconciliations.

You must have demonstrated ability to coordinate with internal and external auditors on financial reporting and testing matters.

You must have strong written and verbal communication skills, with the ability to explain complex accounting concepts to non-accountants.

Nice to have

Experience with real estate investment structures and fund documents.

Familiarity with real estate valuation processes and common pricing methodologies.

Knowledge of tax reporting requirements for real estate partnerships.

Experience with fund administration or investor reporting platforms.

Practical notes

This is a full time position based in Los Angeles, California.

No specific compensation details are provided in the source materials.

No remote or hybrid work preferences are outlined in the source materials.

No travel requirements are outlined in the source materials.

No visa sponsorship information is provided in the source materials.

No deadline for applications is provided in the source materials.

The role is situated within a team of 900+ employees working across the Americas.

You will work closely with portfolio oversight, valuations, tax, treasury, and internal and external auditors.

The position supports the integrity of financial data across the full investment lifecycle.

The position contributes to new investment onboarding and ongoing liquidity management within complex investment structures.

Candidates must meet all eligibility and hard bar requirements as stated in the requirements section.

The position is part of CIM Group's ongoing effort to enhance communities through real asset investment and infrastructure development.

You will be expected to contribute process improvements and testing activities that strengthen internal controls.

Documentation of accounting policies and procedures is an important part of the role.

The successful candidate will engage in continuous review of cash flow forecasts and scenario testing.

Ownership of partner capital maintenance is a central responsibility of this position.

You will participate in transaction activity related to acquisitions and dispositions as they affect the funds.

The role requires collaboration across multiple functions to ensure alignment on data and assumptions.

You will support the preparation of financial reports that communicate performance to oversight partners.

Attention to detail and accuracy is critical in managing capital accounts and close processes.

The position requires comfort with complex investment structures and the ability to learn fund specific rules.

You will own testing of reconciliations and controls to ensure ongoing data integrity.

This role supports transparency and trust with investors through reliable reporting.

You will be accountable for delivering accurate information on time to internal and external stakeholders.

The role involves working on multiple funds with varying accounting policies and reporting requirements.

You will own the maintenance of detailed schedules that support the financial reporting process.

The position requires strong organizational skills and the ability to manage multiple priorities in a deadline driven environment.

This role contributes to the long term success of CIM Group by ensuring robust financial data and reporting.

You will own the resolution of accounting items that arise during close and during audit cycles.

The position supports liquidity management by providing timely forecasts and analysis.

You will own communication with service providers and third parties to validate data accuracy.

Ownership of documentation ensures that processes can be repeated consistently and reviewed by internal controls.

The role requires the ability to translate technical accounting items into clear narratives for management.

You will own coordination with valuation teams to ensure that asset data is properly reflected in capital accounts.

The position supports investor reporting needs through timely and accurate data preparation.

This role is essential to the oversight and integrity of real estate fund financials.

You will own the application of accounting standards and fund specific guidance in day to day activities.

The position requires a proactive approach to identifying risks and raising issues before they escalate.

This role supports the overall financial health of the funds through accurate accounting and reporting.

You will own the maintenance of schedules that track key assumptions and changes in partner interests.

The position requires the ability to work independently and as part of a collaborative team.

This role supports strategic decisions by providing timely and relevant financial information.

You will own the review of transaction level details to ensure proper recording in the correct funds.

The position requires the maintenance of strong controls to protect partner capital and ensure compliance.

This role supports the ongoing evaluation of new investment opportunities through financial analysis.

You will own the preparation of materials for internal and external stakeholders as requested.

The position requires a commitment to accuracy and continuous improvement in processes.

This role supports the broader mission of CIM Group to create value in real assets.

You will own the resolution of complex accounting items that arise across the fund lifecycle.

The position requires the ability to manage detailed workpapers and maintain organized records.

This role supports transparency with regulators and investors through reliable reporting.

You will own the testing of processes to ensure that controls are operating effectively.

The position requires the ability to manage multiple deadlines and deliver accurate results under pressure.

This role supports the integrity of financial data from acquisition through exit.

You will own the maintenance of documentation that supports audit and review activities.

This role requires the ability to work with limited direct supervision and manage time effectively.

This role supports the delivery of reliable financial information to support decision making.

You will own the coordination of activities across functions to ensure alignment on key accounting policies.

The position requires the ability to adapt to changing priorities and deadlines in a dynamic environment.

This role supports the long term stability of the funds through accurate accounting and reporting.

You will own the maintenance of reports that track key performance indicators for the portfolio.

The position requires the ability to communicate effectively with stakeholders at all levels.

This role supports the overall governance of the funds through accurate and timely reporting.

You will own the reconciliation of intercompany transactions and elimination entries.

The position requires the ability to manage complex calculations and ensure accuracy.

This role supports the execution of strategic initiatives through reliable financial data.

You will own the maintenance of files and records related to fund accounting and partner capital.

The position requires the ability to work in a fast paced environment while maintaining attention to detail.

This role supports the mitigation of financial risk through accurate reporting and analysis.

You will own the review of accounting entries for completeness and accuracy.

The position requires the ability to manage competing deadlines and deliver high quality work.

This role supports the ongoing monitoring of fund performance and investor metrics.

You will own the preparation of schedules that support the close process and financial reporting.

The position requires the ability to work collaboratively with cross functional teams.

This role supports the integrity of the financial close process from start to finish.

You will own the maintenance of controls related to capital account activity and reporting.

The position requires the ability to manage multiple tasks and prioritize effectively.

This role supports the delivery of accurate and timely fi