Fund Controller
10 Federal · Raleigh, NC · Yesterday
On-siteAccountingFull-time
About the Company
10 Federal Storage is a leading, high-growth US real estate investment and property management company specializing in automated, technology-driven self-storage facilities across North America. By leveraging cutting-edge technology, the company streamlines traditional brick-and-mortar operations, making asset management highly efficient and scalable.
Responsibilities
- Accounting Oversight:
- Manage all Fund-level performance, including future fair value accounting as needed across the fund portfolio.
- Lead cost segregation studies for eligible properties.
- Oversee property valuations in coordination with third-party valuation providers.
- Financial Reporting:
- Lead the review of quarterly financial reporting for all funds.
- Ensure timely and accurate reporting to internal and external stakeholders.
- Treasury:
- Lead cash flow forecasting and strategic planning across all funds.
- Calculate and process monthly fund asset management fees.
- Calculate and process quarterly fund distributions.
- Debt Covenant Compliance:
- Test and monitor compliance with all debt covenants across the fund portfolio.
- Audit Coordination:
- Serve as the point of contact and coordinate the annual audit process across all funds.
- Tax:
- Serve as the point of contact for tax accountants and own completion of all income tax filings.
- Property Closings:
- Assist with due diligence and closing checklist completion on property acquisitions.
- Budgeting:
- Lead the annual budget set-up process and manage mid-year adjustments across all funds.
Qualifications
- Bachelor's degree in Accounting, Finance, or a related field.
- Public Accounting auditing experience highly preferred.
- CPA designation preferred; Master's in Accounting a plus.
- Strong knowledge of Generally Accepted Accounting Principles (GAAP), including fund accounting.
- Experience with fund-level financial reporting, valuations, and debt covenant compliance in real estate investment structures.
- Experience coordinating annual audits and income tax filings.
- Proficiency in financial reporting tools and systems.
- Excellent analytical and communication skills.