Assistant Controller

Job Description

Macdonald & Company are proudly partnered with a privately held institutional real estate investment manager headquartered in Charlotte, NC. The firm manages a diverse portfolio of over 50 commercial and multifamily assets across the Southeast and beyond. Known for its collaborative, hands-on culture and long-term investment strategy, the company offers a highly professional yet entrepreneurial environment with genuine opportunities for career growth and leadership succession.

The firm is seeking an Assistant Controller to oversee the financial reporting function for its portfolio of real estate investments. Reporting directly to the Controller, this individual will play a key role in quarter- and year-end close, the preparation of GAAP-compliant financial statements and footnotes, and the coordination of annual audits. The position will also supervise and mentor accounting staff, manage treasury functions, and ensure all accounting practices adhere to GAAP and internal controls.

This is a growth-focused position with a defined career path, the successful candidate will take ownership of the client accounting group within the first year and begin shadowing the Controller on corporate accounting responsibilities, with the long-term goal of assuming the Controller role within 3–5 years.

Responsibilities :

• Oversee the financial reporting function for a portfolio of commercial and multifamily real estate investments.
• Structure processes and reporting schedules to meet client and investor deadlines.
• Supervise, train, and mentor accounting staff within the group.
• Participate in the preparation and review of combined quarterly financial statements and footnotes on a Fair Value GAAP basis.
• Coordinate the annual audit process and manage responses to auditor inquiries.
• Manage treasury activities, including review and approval of internal cash transfers and wire transactions.
• Prepare quarterly distributions and monthly equity cash draws from clients.
• Calculate quarterly return data (TWR, IRR) and support annual ILPA reporting requirements.
• Assist with the setup and maintenance of new legal entities.
• Maintain property and portfolio management records.
• Provide backup to the Controller for payroll, annual tax reporting, and corporate accounting functions.

Qualifications :