Ambrose · 1 month ago
Vice President, Real Estate & Fund Accounting
Ambrose is a vertically integrated investment manager specializing in Class A industrial, logistics, and e-commerce real estate. The Vice President of Real Estate & Fund Accounting is responsible for overseeing financial reporting, accounting operations, and performance analytics across the firm’s real estate portfolio and investment funds, ensuring accuracy and compliance while building scalable processes to support growth.
Responsibilities
Lead property- and portfolio-level accounting for development, value-add, and stabilized assets
Lead the month-end, quarter-end and year-end close processes ensuring accuracy, completeness, timeliness, and presentation of GAAP-compliant financial statements
Ensure proper accounting for acquisitions, dispositions, development costs, capital expenditures, and debt
Maintain internal controls and ensure compliance with GAAP and company policies
Oversee consolidation of entities and provide variance analysis, commentary, and insight to leadership
Partner with Asset Management to support budgeting, forecasting, and asset performance reviews
Ensure external reporting (if applicable), audit readiness, and liaison with external auditors
Ensure compliance processes are in place
Oversee all fund-level financial reporting, including capital account maintenance, NAV calculations, waterfalls, and fee calculations
Manage quarterly and annual close processes for open- and closed-end funds
Coordinate with third-party fund administrators (if applicable)
Support fundraising and investor onboarding with financial data, historical returns, and performance analytics
Lead annual audit and tax processes across funds and investment vehicles
Partner with senior executives to evaluate financial impacts of strategic decisions, including acquisitions, dispositions, leverage, and fund structuring
Drive and manage accounting system enhancements through Yardi, along with other technology implementations or upgrades, automation of key accounting processes and design of scalable accounting infrastructure
Monitor and report key accounting metrics and lead continuous improvement efforts
Prepare and review monthly Executive reporting package and related Dashboard reporting
Manage and mentor a team of real estate and fund accounting professionals
Work closely with Investor Relations to support Limited Partner reporting and respond to investor inquiries
Collaborate with Capital Markets team on financing transactions and compliance with debt covenants
Build, mentor, and lead the accounting team; set clear goals, support professional development, and create a culture aligned with Ambrose’s values
Collaborate cross-functionally with asset management, deployment, and development to ensure accounting supports business outcomes and operational alignment
Act as a strategic business partner to the CFO and executive leadership, translating complex accounting issues into actionable business insight
Ensure adherence to fund governing documents, partnership agreements, accounting standards, and regulatory requirements
Oversee treasury operations, cash management, and liquidity monitoring across properties and funds
Develop and maintain accounting policies and procedures consistent with best practices
Work closely with Chief Compliance Officer to drive regulatory adherence
Qualification
Required
Bachelor's degree in Accounting or related field required
CPA designation strongly preferred; MBA or equivalent advanced degree a plus
Minimum of 10+ years of progressive accounting/finance experience; including at least 5+ years in a leadership role (such as Controller or VP Controller) in a commercial real estate or asset-intensive environment
Deep knowledge of accounting and reporting, including GAAP, consolidations, intercompany accounting, internal controls, and audit processes as well as Fund Accounting
Proven experience managing teams and working and leading cross-functional initiatives
Strong leadership skills: experience leading a team, the ability to drive change, influence stakeholders and build scalable processes
Excellent analytical, communication and presentation skills: able to translate accounting/financial data into business context