Jobs · Accounting · North Carolina

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.

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