Assistant Controller - Family Office

The role

The Assistant Controller supports accounting operations for Fairstead's family office ventures. This person maintains accounting records, controls, and budgets to ensure accurate financial reporting in compliance with GAAP or IFRS.

What you will do

• Own financial and tax reporting, accounting, budgeting, and projections for all Fairstead Family office entities.
• Prepare and maintain all financial and tax books and records including monthly and year end close, audit and tax filing workpapers.
• Review accounts payable, expense transactions, and intercompany billings.
• Coordinate financial activity with internal and external service providers and vendors.
• Manage tax compliance and reporting for Family office entities.
• Research accounting treatment of business activities to ensure compliance with GAAP.
• Prepare the annual operating budget and support a rolling five-year business plan.
• Prepare monthly journal entries and bank reconciliations.
• Produce monthly and quarterly financial reporting packages.
• Manage weekly FO payments and prepare Semi-Monthly FO cash reports.

Required qualifications

• Bachelor’s degree in business, accounting, finance, or related field
• Five (5) to seven (7) years of relevant experience in accounting experience in fund accounting, financial analysis, and/or investment fund management.
• Two (2) years’ experience as an accounting or finance manager.
• Understanding of applicable laws and regulations.
• Understanding of economic principles, financial markets, and banking.
• Strong financial data analysis and reporting.
• Knowledge of payroll, accounts payable, and accounts receivable functions.
• Ability to deliver quality work on tight deadlines, with strong organization and priority setting skills.
• Proven experience in financial project management.
• Advanced computer skills, specifically in Excel.
• Must be able to communicate financial information into sound business language.
• Knowledge of federal regulation on taxes and reporting.

Nice to have

• CPA
• CFO
• MBA
• Experience with Partnerships, family partnerships

About the company

Fairstead is a purpose-driven real estate firm dedicated to building affordable communities. It operates as an integrated owner, operator, and innovator with a portfolio of more than 30,000 apartments.