Fund Controller, Real Estate Debt Fund
A new entry into the real estate debt market is looking to make it's first hire in finance. This is a start-up, spearheaded by heavyweight name in the debt industry who is looking to make a big name of themselves in the real estate debt world.
This is a great opportunity to join a dynamic firm where you'll have a lot of input into the decision-making process from day one and play an integral role in the growth story to come.
This fund is looking for someone with directly relevant real estate debt experience to take ownership of the debt fund at its inception stage and establish all the necessary systems and processes associated with the newly launched fund.
You will be responsible for overseeing the accounting, financial reporting, cash management, statutory/fiscal compliance and assist with loan agency & servicing.
Accounting & Operations
o Oversight and responsibility for the outsourced accounting, consolidation and reporting processes for debt fund, including quarterly/annual financial statements, investor reporting, annual audited financial accounts and investor requests
o Responsible for cash management of the fund, including investor calls and distributions
o Provide recommendations in the selection and engagement process for service providers and monitor all on-going corporate-level costs against budget
o Manage the revolving subscription facility for the fund and the portfolio loans within the debt fund
Loan Agency & Servicing
o Help manage outsourced loan agency & servicing aspects of the loans within the fund including setting up of new deals, ongoing preparation of interest payment statements, compliance testing, waterfalls management, in accordance with loan agreements
o Have a deep understanding of the loan investment portfolio. Liaise with internal specialists to draft recommendations with respect to borrower requests/ issues.
Take responsibility for the maintenance of the Fund model and assist in the preparation of Fund level business plans.
We are eager to hear from working for a real estate debt fund in a controllership role.
Competitive salary and bonus on offer.
Initial Interviews will commence through Zoom. For further information please apply now or contact Sunil Basra for further information.