Fund Controller
Foundation Capital Partners | FCP, New York, NY, United States
Foundation Capital Partners, an opportunistic real estate private equity firm, is seeking a Fund Controller. The Fund Controller will manage the firm’s accounting, cash management, and reporting functions across its portfolio, investment funds and other entities. Some familiarity with property level accounting is a plus.
This is a full-time, 5 days per week in-person position, at the firm’s midtown New York City office.
This individual will manage all aspects of fund accounting operations, drive standardization across entities, and partner closely with leadership to support the continued growth of the FCP platform. Key responsibilities include monthly and quarterly reporting, financial onboarding and offboarding of assets, budgeting and forecasting, and working in coordination with FCP’s third party fund administrator and external investors and auditors. The role will also focus on process improvements and maintaining strong internal controls.
The ideal candidate is a hands-on, solutions-oriented professional who thrives in a fast-paced, entrepreneurial environment and enjoys building scalable processes.
Responsibilities
Manage all aspects of fund and management company accounting
Handle monthly, quarterly, and year-end close processes to ensure timely financial reporting
Lead financial onboarding and offboarding for acquisitions, dispositions, and refinancing transactions
Oversee cash flows, including reconciliations, liquidity forecasting, and processing transactions (invoices and wires) as necessary
Manage capital call and distribution process in partnership with third party fund administrator
Prepare monthly and quarterly reporting packages for internal and external stakeholders
Serve as the primary point of contact for investor and partner inquiries related to financial statements, tax forms, and performance data
Coordinate quarterly fund level reporting process including capital account statements, financials, valuations, etc.
Support annual budgeting and forecasting
Prepare lender reporting, compliance certifications, and audit requests
Prepare distribution waterfall calculations and carried interest allocations in accordance with Limited Partnership Agreements
Act as primary liaison for external auditors to facilitate annual audits
Coordinate preparation of federal and state tax filings, including the annual distribution of investor K-1s
Collaborate with asset management team on various tasks including reporting, rent collections, loan servicing, budgeting, taxes, insurance, leasing, construction draws, and internal and third-party agreements
Qualifications
Bachelor’s degree in Accounting, Finance, or related field
CPA preferred
4-6+ years of progressive accounting experience within real estate private equity, whether on the GP or LP side is acceptable
Advanced proficiency with Yardi and strong Excel skills
Proven ability to manage multiple priorities in a fast-paced, entrepreneurial environment
Strong communication and interpersonal skills with a collaborative mindset
Expected annual base salary range: $100,000 - $150,000 (plus discretionary bonus)
Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, and qualifications.
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This is a full-time, 5 days per week in-person position, at the firm’s midtown New York City office.
This individual will manage all aspects of fund accounting operations, drive standardization across entities, and partner closely with leadership to support the continued growth of the FCP platform. Key responsibilities include monthly and quarterly reporting, financial onboarding and offboarding of assets, budgeting and forecasting, and working in coordination with FCP’s third party fund administrator and external investors and auditors. The role will also focus on process improvements and maintaining strong internal controls.
The ideal candidate is a hands-on, solutions-oriented professional who thrives in a fast-paced, entrepreneurial environment and enjoys building scalable processes.
Responsibilities
Manage all aspects of fund and management company accounting
Handle monthly, quarterly, and year-end close processes to ensure timely financial reporting
Lead financial onboarding and offboarding for acquisitions, dispositions, and refinancing transactions
Oversee cash flows, including reconciliations, liquidity forecasting, and processing transactions (invoices and wires) as necessary
Manage capital call and distribution process in partnership with third party fund administrator
Prepare monthly and quarterly reporting packages for internal and external stakeholders
Serve as the primary point of contact for investor and partner inquiries related to financial statements, tax forms, and performance data
Coordinate quarterly fund level reporting process including capital account statements, financials, valuations, etc.
Support annual budgeting and forecasting
Prepare lender reporting, compliance certifications, and audit requests
Prepare distribution waterfall calculations and carried interest allocations in accordance with Limited Partnership Agreements
Act as primary liaison for external auditors to facilitate annual audits
Coordinate preparation of federal and state tax filings, including the annual distribution of investor K-1s
Collaborate with asset management team on various tasks including reporting, rent collections, loan servicing, budgeting, taxes, insurance, leasing, construction draws, and internal and third-party agreements
Qualifications
Bachelor’s degree in Accounting, Finance, or related field
CPA preferred
4-6+ years of progressive accounting experience within real estate private equity, whether on the GP or LP side is acceptable
Advanced proficiency with Yardi and strong Excel skills
Proven ability to manage multiple priorities in a fast-paced, entrepreneurial environment
Strong communication and interpersonal skills with a collaborative mindset
Expected annual base salary range: $100,000 - $150,000 (plus discretionary bonus)
Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, and qualifications.
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