Lord, Abbett & Co. LLC · 9 hours ago
Financial Controller - Private Real Estate
Jersey City, NJ
Full-time
Onsite
Senior Level, Lead/Staff
$200K/yr - $240K/yr
8+ years expLord Abbett is an independent investment management firm founded in 1929, known for its leadership and innovation in the asset management industry. The Financial Controller for Private Real Estate will lead the accounting and financial operations for the Private Real Estate business, ensuring accurate financial reporting and strong internal controls.
ConsultingFinancial Services
Responsibilities
Lead all property-level and platform-level accounting, ensuring complete, accurate, GAAP-compliant financial reporting and audit readiness
Manage the monthly and quarterly close process, including financial statements, management reporting, and variance analyses
Develop and implement accounting frameworks, policies, controls, and procedures tailored to residential development and Build-to-Sell operations
Oversee project cost management, including job costing, construction draws, vendor payments, change orders, contingency tracking, and lender reporting
Direct cash-flow forecasting, sources and uses, capital calls, cash management, and lender coordination
Build and maintain budgeting and forecasting models, including project-level cash flows, margins, KPIs, and performance metrics
Build, lead, and scale the real estate accounting function, including hiring, developing, and overseeing internal accounting staff, in collaboration with senior leadership
Implement and manage accounting and operational systems to support scaling of the platform
Provide financial insights to support underwriting, acquisitions, development planning, renovation or construction scope, and disposition strategies
Coordinate closely with third-party administrators and service providers to ensure timely, accurate reporting and operational consistency
Oversee expense allocation methodologies across projects, entities, and structures, ensuring consistency, transparency, and alignment with partnership agreements and investor expectations
Provide oversight and guidance for third-party appraisal and valuation processes, including coordination, review, and integration of valuation results into financial reporting
Ensure compliance with GAAP, tax requirements, partnership agreements, and lender covenants for projects and entities
Partner and collaborate cross-functionally with Investment, Development, Asset Management, Operations, and Legal teams to ensure financial integrity and informed decision-making
Support audits, tax filings, and regulatory compliance for properties, partnerships, and corporate entities
Build new processes, documentation, and best practices to support a growing Private Real Estate platform
Qualification
Required
Bachelor's degree in Accounting, Finance, or related field; CPA strongly preferred
8–15 years of experience in real estate fund accounting, controllership, audit, or financial reporting, ideally within private real estate, private equity, or investment management
Deep technical accounting expertise, including U.S. GAAP, consolidation, fair value measurement (ASC 820), and real estate-specific accounting considerations
Demonstrated experience overseeing valuations, fund reporting cycles, and audit processes
Strong ability to operate independently and build new processes in a dynamic and evolving business environment
Proven capability to work across a matrixed organization, influence stakeholders, and coordinate complex deliverables
Strong analytical, organizational, and communication skills, with exceptional attention to detail
Preferred
Experience with fund accounting or portfolio accounting systems is a plus
Benefits
Discretionary Bonus: Role may be eligible to receive an annual discretionary bonus.
Competitive total compensation
Retirement plans
Competitive health and well-being plans
Company
Lord, Abbett & Co. LLC
Our Vision We aspire to be the most respected asset manager in the world, admired for our people, our performance, our relationships, and our organizational agility.
501-1000 employees
H1B Sponsorship
Lord, Abbett & Co. LLC has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (23)
2024 (19)
2023 (7)
2022 (18)
2021 (16)
2020 (10)
Funding
Current Stage
Late StageLeadership Team
Sarah Vennekotter Ali
Managing Director & Chief Operating Officer, Investments
Adam Backman, CFA
Partner, Head of Alternatives - Client Services
Recent News
vcnewsdaily.com
2025-12-06
2025-12-06
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