Fund Controller - RESI

Neuberger Berman•New York, NY

5h•$140,000 - $185,000•Hybrid

About The Position

The Neuberger Berman Private US Residential Real Estate Debt Strategies group (“RESI”) is seeking a Fund Controller to join the finance team that 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.

Requirements

We are seeking a CPA with a Bachelor’s degree in Accounting, with a minimum of 5-9 years of experience with a Big 4 Accounting Firm (preferred), 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.

Responsibilities

Manage daily accounting and finance responsibilities for respective investment vehicles.
Working close with operations and business team to understand loan portfolio’s and support acquisitions, dispositions and financing arrangements.
Management and supervision of audit firms, tax preparers, fund administrators and custodians, as assigned.
Monthly and / or Quarterly financial reporting processes, including preparation/review of transactional activity, management fees, carried interest calculations, performance metrics, and financial statement preparation.
Treasury operations, including cash liquidity management, approval of transaction fundings, vendor payments, calculation of capital calls and distributions.
Support in oversight of the loan facilities, including loan compliance and payment management.
Collaborating with Tax Professionals related to operational and organizational issues impacting investors and fund structures.
Working closely with Investment Team and Valuation Group to ensure valuations used in the financial and investor reporting processes are fair and accurate, including facilitating information flow and data requests, and reviewing valuation materials and third party valuation reports.
Performance measurement, including calculation of IRRs, investment multiples and time-weighted returns.
Review of Limited Partnership Agreements and other agreements to ensure accuracy and compliance with fund allocations, management fees, carried interest, organization costs, etc.
Preparation of periodic investor supplemental reports, including information related to the funds and such investors specific investment.
Review and understanding of fund structures, including master/feeder structures and blockers.
Participation in Firm-wide initiatives, sharing information and experiences with other Alts Finance Teams, as assigned.
Working to create process improvements and efficiencies in all areas of responsibilities.