Job Application for Portfolio Controller at RCLCO

New

RCLCO Fund Advisors (“RFA”), a division of RCLCO, is a SEC Registered Investment Advisor and leading real estate investment consulting firm that advises some of the world’s largest pension funds, sovereign wealth funds, and institutional investors. Providing tailored investment solutions by leveraging its deep understanding of market dynamics, RFA assists its clients in the implementation of their real estate strategy through the allocation and management of real estate capital across all real estate strategies and property types. RFA currently has approximately $88 billion of assets under advisement and has advised on over $11 billion of equity investments for its clients.

RFA builds upon our decades of experience and renowned expertise in applied real estate analysis to address the important and unique issues regarding real estate investing faced by institutional investors, including:

Developing strategies that maximize value throughout the cycle through the development and implementation of investment ideas, pacing plans, policies, and risk management systems;
Providing high quality and forward-looking investment analyses, including review of buildings, separate accounts, and funds and programmatic joint ventures that will provide superior risk- adjusted investment returns;
Developing and implementing asset monitoring systems that identify and manage risk in existing portfolios on a timely basis to maximize value; and
Providing strategic thinking regarding investment analyses, portfolio construction, and management through presentations, articles, and custom work for clients.

POSITION SUMMARY:

RFA is seeking a Portfolio Controller to be based in Denver, Colorado OR Los Angeles, California. The Controller will be considered a Vice President at the firm, leading the accounting, fund administration support, and portfolio reporting functions for the firm’s institutional separate accounts and programmatic joint ventures, serving as the primary finance and accounting partner to the Portfolio Management team and ensuring the accuracy and integrity of portfolio accounting, fund administration, and financial reporting across the firm’s institutional investment programs.

Working closely with institutional clients, investment managers, third-party accounting providers, and internal portfolio managers, this role maintains the integrity of portfolio accounting and reporting across multiple investment vehicles. The position combines fund administration, portfolio accounting, investment operations, financial analysis, and process improvement, requiring both strong technical accounting expertise and a deep understanding of institutional real estate investments. The ideal candidate has experience in real estate fund administration or institutional portfolio accounting and enjoys building processes, solving complex accounting issues, and collaborating across multiple stakeholders.

PRIMARY RESPONSIBILITIES:

Executive Leadership & Team Oversight

Lead, mentor, and scale a high-performing team responsible for portfolio accounting, fund administration, and financial reporting.
Set standards and long-term strategy for accounting and reporting excellence across all client portfolios.
Serve as a senior leader within the platform, collaborating across departments in conjunction with the Portfolio Manager.

Fund Administration

Support the day-to-day fund administration activities for institutional investment vehicles.
Coordinate quarterly reporting deliverables across investment managers, third-party accounting providers, and internal portfolio managers.
Manage capital calls, investor contributions, distributions, and related cash movements.
Review distribution calculations and waterfall allocations in accordance with governing agreements.
Support cash management activities and monitor portfolio liquidity.
Maintain reporting calendars and ensure timely completion of recurring client deliverables.
Coordinate annual compliance requirements, including collection and review of investment manager fee calculations, waterfalls, insurance certificates and other required documentation.
Support onboarding of new client mandates, investment managers, and investment structures.

Portfolio Accounting & Financial Reporting

Lead the quarterly portfolio accounting and reporting process for institutional clients.
Ensure accurate consolidation of property- and manager-level financial information into portfolio-level financial reporting packages.
Review quarterly financial statements, supporting schedules, and capital activity prepared by investment managers and third-party accounting providers.
Ensure consistency of accounting treatment and reporting across multiple investment managers and investment vehicles.
Own delivery of the financial components of quarterly and annual reports and investment committee materials.
Review annual audits and respond to client due diligence requests.
Maintain high standards of accuracy, consistency, and transparency in all financial reporting.

Investment Performance & Valuation

Review Net Asset Value (NAV), Gross Asset Value (GAV), performance metrics, leverage metrics, and other portfolio statistics.
Investigate valuation discrepancies and reconcile differences between investment managers, accounting providers, and internal records.
Support the preparation of performance attribution and portfolio analytics in partnership with the data analytics team.

External Relationship Management

Serve as the primary accounting and finance contact for investment managers and their accounting teams.
Manage the firm’s relationships with outsourced accounting providers.
Review accounting deliverables for completeness, consistency, and compliance with client reporting requirements.
Coordinate acquisitions, dispositions, refinancing activity, ownership changes, and other portfolio events to ensure accurate accounting and reporting.
Resolve accounting issues and reporting discrepancies in collaboration with investment managers and service providers.
Foster strong working relationships with clients, managers, auditors, custodians, and other external stakeholders.

Accounting Systems, Data Governance & Process Improvement

Oversee accounting data integrity across third-party accounting providers and internal reporting systems, including the investment management platform.
Maintain standardized chart of accounts mappings across investment managers to support consistent portfolio reporting.
Establish accounting standards and reporting methodologies that improve data quality and comparability across investment vehicles.
Coordinate accounting system updates related to acquisitions, dispositions, restructurings, and new investment mandates.
Identify opportunities to automate recurring reporting processes and improve operational efficiency.
Document accounting policies, operating procedures, and reporting workflows to support scalability and consistency.

Portfolio Management Support

Serve as the primary accounting partner to the Portfolio Management team.
Assist in preparing client presentations, investment committee materials, and ad hoc reporting requests.
Collaborate across investment, analytics, accounting, operations, and client service teams to improve reporting processes and operational effectiveness.
Participate in strategic initiatives to enhance the firm’s investment operations platform.

CANDIDATE EXPERIENCE:

Bachelor’s degree in Accounting or Finance; CPA designation strongly preferred.
10-15+ years of progressive experience in real estate investment accounting, fund administration, or private equity real estate.
Experience in institutional real estate investment management.
Demonstrated leadership of teams supporting institutional portfolios or investment management platforms.
Strong understanding of institutional separate accounts, programmatic joint ventures, and real estate investment structures.
Advanced Microsoft Excel skills, including financial modeling and complex data analysis; experience with RealPage, Yardi, MRI, Pereview, or comparable real estate accounting platforms.
Experience preparing or reviewing portfolio-level financial reporting and capital account management.
Thorough knowledge of GAAP, real estate investment accounting principles, NAV methodologies, waterfall and promote calculations, and valuation processes.
Experience working with outsourced accounting providers and third-party property managers.
Outstanding communication skills, executive presence, and ability to synthesize complex financial data into actionable insights.
Strong judgment, operational discipline, and ability to manage multiple high-stakes deliverables with exceptional attention to detail.
Viewed as a trusted advisor to clients, internal stakeholders, and senior firm leadership.

Estimated base salary, commensurate with experience: $140K-$150K, not including annual bonus.

Our benefits package includes:

Hybrid schedule flexibility, with team members in the office 3 days per week and the option to work fully remote 4 weeks each year
100% paid healthcare for employees, including dental and vision insurance (with the option to upgrade plans and add dependents at team member's expense)
Competitive vacation and wellness/sick time provided annually
Family planning and fertility benefits
Employee stipend for continuing education and professional development
Employer-paid family leave after one year of employment
Commuting stipend for team members not driving to work
Cell phone stipend
Wellness benefits such as an Employee Assistance Program, standing desks available to all team members, in-office walking pads, and healthy snacks supplied in each office location
Option to participate in FSA, HSA, and 401(k) plan
Employer contribution to 401(k) annually
Access to back-up childcare, elder care, pet care, and other in-home resources
Enjoyment of hosted in-office lunches and social events on a regular basis
Paid time off to volunteer

*                       *                       *

Equal Opportunity Employer - RCLCO is an EEO Employer who celebrates diversity - Drug-Free Workplace

RCLCO is committed to Diversity, Equity, and Inclusion and strives to cultivate a diverse working environment that respects and values individuals from a broad range of backgrounds and experiences.

First Name

Last Name

Preferred First Name

Country

Phone

Location (City)

Resume/CV*

Accepted file types: pdf, doc, docx, txt, rtf

Cover Letter

Accepted file types: pdf, doc, docx, txt, rtf

How did you hear about this job?

What was your cumulative GPA?

Please list the office location you are applying for. If more than one, please list in order of preference.

Date available to start:

Are you able to perform the essential functions of the position for which you are applying, either with or without reasonable accommodations?

Select...

Do you have the legal right to work for any employer and be employed in the U.S.? (Proof of identity and legal authority to work in the U.S. is a condition of employment.)

Select...

Will you require sponsorship to work in the U.S. now or in the future?

Select...

Is there any additional information you would like to provide as a supplement to your application? This is optional and can include any additional experiences you deem relevant or other points you would like to make about the items on your resume.

If you are currently employed, what is prompting the change from your current position?

Help us learn more about you by answering this question: If you had to teach a 30-minute workshop on any topic tomorrow with no preparation, what would you teach and why?

By clicking submit below, I agree to allow RCLCO to verify the information listed on this application and conduct a review of my background, credit, motor vehicle and educational history. I further authorize any individual, company, firm, corporation, or public agency to divulge any and all information, verbal or written, pertaining to me, to RCLCO or its agents. I hereby release RCLCO, and its agents, officials, representative, or assigned agencies, including officers, employees, or related personnel both individually and collectively, from any and all liability for damages of whatever kind, which may, at any time, result to me, my heirs, family, or associates because of compliance with this authorization and request to release. (Please type name)

Voluntary Self-Identification

For government reporting purposes, we ask candidates to respond to the below self-identification survey. Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.

As set forth in RCLCO’s Equal Employment Opportunity policy, we do not discriminate on the basis of any protected group status under any applicable law.

Gender

Select...

Are you Hispanic/Latino?

Select...

Race & Ethnicity Definitions

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection. As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categories is as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.

Veteran Status

Select...

Voluntary Self-Identification of Disability

Form CC-305

Page 1 of 1

OMB Control Number 1250-0005

Expires 07/31/2029

Why are you being asked to complete this form?

We are a federal contractor or subcontractor. The law requires us to provide equal employment opportunity to qualified people with disabilities. We have a goal of having at least 7% of our workers as people with disabilities. The law says we must measure our progress towards this goal. To do this, we must ask applicants and employees if they have a disability or have ever had one. People can become disabled, so we need to ask this question at least every five years.

Completing this form is voluntary, and we hope that you will choose to do so. Your answer is confidential. No one who makes hiring decisions will see it. Your decision to complete the form and your answer will not harm you in any way. If you want to learn more about the law or this form, visit the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) website at www.dol.gov/ofccp.

How do you know if you have a disability?

A disability is a condition that substantially limits one or more of your “major life activities.” If you have or have ever had such a condition, you are a person with a disability. Disabilities include, but are not limited to:

Alcohol or other substance use disorder (not currently using drugs illegally)
Autoimmune disorder, for example, lupus, fibromyalgia, rheumatoid arthritis, HIV/AIDS
Blind or low vision
Cancer (past or present)
Cardiovascular or heart disease
Celiac disease
Cerebral palsy
Deaf or serious difficulty hearing
Diabetes
Disfigurement, for example, disfigurement caused by burns, wounds, accidents, or congenital disorders
Epilepsy or other seizure disorder
Gastrointestinal disorders, for example, Crohn's Disease, irritable bowel syndrome
Intellectual or developmental disability
Mental health conditions, for example, depression, bipolar disorder, anxiety disorder, schizophrenia, PTSD
Missing limbs or partially missing limbs
Mobility impairment, benefiting from the use of a wheelchair, scooter, walker, leg brace(s) and/or other supports
Nervous system condition, for example, migraine headaches, Parkinson’s disease, multiple sclerosis (MS)
Neurodivergence, for example, attention-deficit/hyperactivity disorder (ADHD), autism spectrum disorder, dyslexia, dyspraxia, other learning disabilities
Partial or complete paralysis (any cause)
Pulmonary or respiratory conditions, for example, tuberculosis, asthma, emphysema
Short stature (dwarfism)
Traumatic brain injury

Disability Status

Select...

PUBLIC BURDEN STATEMENT: According to the Paperwork Reduction Act of 1995 no persons are required to respond to a collection of information unless such collection displays a valid OMB control number. This survey should take about 5 minutes to complete.

We use Greenhouse’s AI-powered Talent Matching tool to compare your application against our job requirements.

Learn more

Portfolio Controller

Apply for this job

Voluntary Self-Identification

Voluntary Self-Identification of Disability