Fund Controller POST NUMBER: 454403
Job Title: Fund Controller – Residential Real Estate Group
Compensation: $150,000 – $185,000 Bonus
Experience Level: 8–10 years preferred
Location: Hybrid – 3 days in office, 2 days remote (NYC-based)
Status: Full-time, Permanent
A leading global investment management firm is seeking a Fund Controller to join its Residential Real Estate group. This high-performing team manages a fast-growing platform of residential credit funds and separate account mandates, with multi-billion-dollar assets under management.
The Fund Controller will take ownership of assigned funds, oversee external Fund Administrators, and work closely with portfolio managers, operations, tax, and legal professionals. This is a hands-on role in a collaborative environment, offering visibility across the investment lifecycle and opportunities to contribute to operational improvements.
Key Responsibilities
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Partner with investment teams to understand loan portfolios and support acquisitions, dispositions, and financing arrangements.
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Manage monthly and quarterly financial reporting, including review of management fee and carried interest calculations, fund financial statements, and partner capital reports prepared by administrators.
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Oversee treasury operations such as cash management, funding approvals, vendor payments, capital calls, and distributions.
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Coordinate with operations to reconcile monthly loan servicing reports.
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Manage credit facilities, including draw requests, payment processing, and compliance monitoring.
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Calculate performance metrics including IRRs, investment multiples, and time-weighted returns.
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Review partnership agreements for accuracy and compliance with fund allocations, management fees, and carried interest provisions.
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Prepare ad hoc and recurring investor and internal reporting.
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Understand and monitor fund structures including master/feeder arrangements and blockers.
Qualifications
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8–12 years of experience, ideally combining Big 4 public accounting and private fund accounting.
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Bachelor’s degree in Accounting required.
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Background in residential or real estate debt funds preferred.
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Demonstrated progression in responsibilities and proven leadership skills.
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Strong knowledge of commingled fund and separate account structures.
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Proficiency in managing external administrators and improving operational processes.
Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
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Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
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Pay Transparency Notice
Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.