Real Estate Fund Accounting Manager / Assistant Fund Controller (Lionstone Investments)

Ameriprise Financial, Inc.
Houston, USA
Apr 08, 2021
May 08, 2021
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Job Description

The Fund Accounting Manager/Assistant Fund Accounting Controller is responsible overseeing all aspects of fund level accounting and reporting activities for assigned Lionstone investment funds and overseeing the accounting staff responsible for those funds.


• Oversight and maintenance of fund level general ledger, accounts payable, cash management and budgeting.
• Assist in the review and approval of the accounting methods applied to the property budgets and capital schedules.
• Coaching and development of fund accounting staff.
• Support and communicate with other departments regarding accounting, reporting, cash management and fund level capital activity.
• Oversight of the review of monthly property activity and financial statements (monthly property reports).
• Review of property and fund level bank reconciliations.
• Review day-to-day fund level accounting activity.
• Review quarterly and year-end consolidated financial statements.
• Preparation of significant and complex accounting transactions.
• Oversee the preparation of quarterly investor reports including coordinating with asset and property management teams, and portfolio managers.
• Coordination and oversight of external audits (primary auditor interface and reference).
• Review audit schedules and audit report draft.
• Preparation of tax schedules for external tax teams.
• Primary point of contact for property management personnel related to accounting and reporting policies and procedures.
• Maintain Fund level internal controls.
• Perform internal audits/reviews of property management teams. System guidance to property management personnel related to accounting and reporting.
• Protect organization's value by maintaining confidentiality of information.
• Perform ad-hoc special projects and assist with ad hoc requests, as needed.

Required Qualifications

• Bachelor's degree in Accounting or related field with 5-7 years of progressive accounting experience.
• CPA and/or CFA designation.
• Proficient knowledge of PC applications.
• Microsoft Suite proficiency.
• Strong written and verbal communication skills, internal and external professional communications.
• Ability to work independently, multi-task, think ahead and meet deadlines.
• Highly organized.

Preferred Qualifications

• Real Estate industry experience, including REITs.
• Public accounting experience.
• Experience with partnership structures and waterfall calculations.
• Experience with MRI.