Fund Controller Real Estate Debt Strategies

Fund Controller - Real Estate Debt Strategies

The Neuberger Berman Private US Residential Real Estate Debt Strategies group (“RESI”) is seeking a Fund Controller to join the finance team. This team is responsible for the financial and investor reporting for a series of residential credit funds and separate account mandates with approximately $19+ Billion of AUM across the platform. The RESI finance group operates in a collaborative team environment, sharing responsibilities across multiple areas of focus, supporting the deal operations of the RESI business team.

Responsibilities

• Manage daily accounting and finance responsibilities for respective investment vehicles.
• Work closely with operations and business teams to understand loan portfolios and support acquisitions, dispositions, and financing arrangements.
• Management and supervision of audit firms, tax preparers, fund administrators, and custodians, as assigned.
• Perform monthly and/or quarterly financial reporting processes, including preparation/review of transactional activity, management fees, carried interest calculations, performance metrics, and financial statement preparation.
• Oversee treasury operations, including cash liquidity management, approval of transaction fundings, vendor payments, and calculation of capital calls and distributions.
• Support oversight of loan facilities, including loan compliance and payment management.
• Collaborate with Tax Professionals related to operational and organizational issues impacting investors and fund structures.
• Work closely with Investment Teams and the Valuation Group to ensure valuations used in financial and investor reporting are fair and accurate, facilitating information flow, data requests, and reviewing valuation materials and third-party reports.
• Measure performance, including calculation of IRRs, investment multiples, and time-weighted returns.
• Review Limited Partnership Agreements and other agreements to ensure accuracy and compliance with fund allocations, management fees, carried interest, organization costs, etc.
• Prepare periodic investor supplemental reports, including fund and investor-specific investment information.
• Review and understand fund structures, including master/feeder structures and blockers.
• Participate in firm-wide initiatives, sharing information and experiences with other Alts Finance Teams, as assigned.
• Drive process improvements and efficiencies in all areas of responsibility.

Qualifications

• CPA with a Bachelor’s degree in Accounting.
• Minimum of 5-9 years of experience, preferably with a Big 4 Accounting Firm, including private sector experience.
• Prior experience with Real Estate Debt or General Debt Strategies is required.
• Strong Microsoft Office skills.
• Demonstrated ability to work in a collaborative environment.
• Must be a self-starter, dedicated to the success of the organization’s goals.
• Excellent analytical skills, strong planning and organizational skills.
• Strong written and verbal communication skills.
• Ambitious and able to work well under pressure.

Key skills/competency

• Fund Controller
• Real Estate Debt
• Financial Reporting
• Investor Relations
• Accounting
• CPA
• Audit Management
• Treasury Operations
• Valuation
• Performance Measurement