Real Estate Agent

Alright, let's talk about this role. It's a Fund Controller position on the alternative operations team, specifically for real estate funds. You'd be based in New York, NY, with an expectation to be in the office four days a week.

What you'll do

You'll lead multiple Fund Accounting teams handling a broad set of clients. Your day to day is about making sure the numbers are right and the reports tell the full story.

• Overseeing the process to determine net asset values (NAV) for assigned funds across multiple sectors.
• Managing client relationships; you're the point person for resolving complex, escalated issues around fund calculations and accounting.
• Guiding your teams to ensure all accounting records follow our policies and procedures.
• A big part of the job is reviewing financial statements for completeness and accuracy before they go out the door.
• When new GAAP or IFRS rules come down, you'll evaluate their impact on our fund accounting practices and figure out how to implement them.
• You'll help set guidelines for drafting those client financial reports that communicate fund performance, including all the intricate accounting details.
• Recruiting, developing, and motivating your staff is key. We want to maximize individual growth and build effective teams.
• The role also involves managing relationships with auditors and clients to make sure financial reports accurately depict fund performance.

What we need from you

This isn't an entry level gig. We need someone who's been in the trenches of real estate fund accounting for a good while.

• A Bachelor’s degree in accounting, or an equivalent combo of education and hands on experience.
• At least 10 years leading commercial real estate fund accounting and financial statement preparation or review. That's the baseline.
• You need a solid working knowledge of GAAP, Investment Company rules, IFRS, and SEC regulations as they apply to commercial real estate investment funds.
• Experience with joint venture waterfalls and partnership structures, including investor allocation models.
• REIT experience is required for this one.
• The tech side: familiarity with Yardi or Investran is important. Experience with WDesk would be a plus.

The practical stuff

The base salary range for this position at hire is between $68,000 and $179,000 per year. Where you land in that range depends on your specific experience and market location. Just remember that base salary is one piece; total compensation can also include things like discretionary bonuses and incentive packages depending on the role.

A bit about us

Awards & Recognition:

The fine print & how to apply

BNY assesses market data to ensure a competitive compensation package for our employees. This position is at will. BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence. We provide access to flexible global resources. Focus on your health. Foster your personal resilience. Reach your financial goals as a valued member of our team. Generous paid leaves are included. Paid volunteer time is available. BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial/ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

If you've got the background we're looking for; especially that decade plus in real estate fund leadership; we should talk.