Fund Controller POST NUMBER: 458285
Role: Fund Controller
Salary: $150,000 - $180,000/annually bonus
Location: New York City, NY – Hybrid (3 days/week on-site)
Role Overview: A leading investment firm focused on real estate credit is seeking a Fund Controller to join its team. The group manages a diverse set of funds and separate accounts, and operates in a collaborative, cross-functional environment. This position will take ownership of fund-level financial operations, working closely with investment professionals, legal, tax, and operations teams. The ideal candidate will have deep experience in fund accounting, strong technical knowledge, and a proactive approach to managing third-party administrators and internal processes. CPA and Big 4 accounting background highly preferred.
Responsibilities:
- Oversee financial reporting, including review of fund statements, capital accounts, and management fee/carried interest calculations.
- Support deal activity including acquisitions, financings, and dispositions across loan portfolios.
- Manage treasury functions such as cash flow monitoring, capital calls, distributions, and vendor payments.
- Coordinate with operations on loan servicing reconciliations and compliance tracking.
- Monitor credit facilities, including drawdowns, payments, and covenant compliance.
- Analyze fund performance metrics including IRRs, investment multiples, and time-weighted returns.
- Ensure fund documentation aligns with financial allocations and terms.
- Respond to investor and internal requests, both recurring and ad hoc.
- Maintain oversight of fund structures including master-feeder and blocker entities.
Requirements:
- 8–12 years of experience in fund accounting or finance, ideally with exposure to real estate or credit strategies.
- Bachelor’s degree in Accounting; CPA highly preferred.
- Experience with both commingled funds and separate accounts.
- Background in public accounting (Big 4) and private fund environments.
- Strong leadership skills and ability to manage relationships with administrators and internal teams.
- Detail-oriented with a mindset for process improvement and risk management.
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.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies 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.