Assistant Controller

Franklin Templeton

79d • $120,000 - $150,000

About The Position

Clarion Partners has been a leading real estate investment manager for over 40 years. Headquartered in New York, the firm maintains strategically located offices across the United States and Europe. Clarion Partners offers a broad range of real estate strategies across the risk/return spectrum to approximately 500 institutional investors across the globe. Clarion Partners operates independently as a Specialist Investment Manager owned by Franklin Templeton (FT), a diversified firm that spans asset management, wealth management, and fintech, giving us many ways to help investors make progress toward their goals. The Assistant Controller is a key member of the Fund accounting and finance team. The Assistant Controller is responsible for managing portfolio accountants, ensuring control over property accounting and fund level reporting as well as various other projects and recurring responsibilities. Various closed-end funds/ diversified structure gives the opportunity to work on multiple asset classes with various ownership structures as well as oversee the accounting of both acquisitions and dispositions of investments. The legal / tax structure of the Fund further provides opportunities to work on various tax planning strategies and investor specific projects.

Requirements

• 6-8 years’ experience, primarily in real estate portfolio accounting.
• CPA required.
• Public accounting experience required (Big 4 preferred).
• Strong analytical skills required.
• Strong excel and data management skills required.
• Strong written and verbal communication skills required.

Nice To Haves

• MRI or Yardi experience a plus.
• REIT structure experience a plus.
• Private equity experience a plus.

Responsibilities

• Responsible for the accounting and reporting of direct real estate investments, complex joint ventures, and the associated consolidations and reporting.
• Effectively manage the portfolio accountants’ oversight of third‐party managers and property level financial review process.
• Review closing entries for asset acquisitions, dispositions and financings.
• Review quarterly consolidation, financial report, and client reporting.
• Manage year-end audit and financial statement preparation.
• Responsible for debt compliance, including the analysis of loan documents to ensure that the reporting and compliance requirements are met.
• Work with the firm’s corporate accounting and performance measurement teams to assist with the calculation of the firm’s performance metrics, the corporate budget, and regulatory requirements.
• Work closely with internal asset management and portfolio management teams.
• Work closely with third party service providers (audit firms, tax preparers, legal counsel, fund administrator).
• Handle investor requests, interacting with clients both directly and indirectly.

Benefits

• Highly competitive and expansive health care coverage.
• Comprehensive 401K.
• Company-sponsored volunteer opportunities.
• Individual volunteer time off.
• Parental leave and childcare programs.
• Other benefits and discount purchase programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees