Founded in 2002, Madison is a global leader in the acquisition of partial ownership interests in real estate properties and portfolios. Madison utilizes its direct secondary strategy to acquire limited partnership, closed end fund, open end fund, private REIT, joint venture, listed property company and structured equity interests in class A properties and portfolios in the U.S, U.K., and Western Europe. Madison has assets under management of almost $7B and is currently deploying capital on behalf of multiple funds, including a fully discretionary, multi-investor, private equity vehicle.  Madison maintains offices in New York, Los Angeles, London, Frankfurt, Amsterdam, Luxembourg, Singapore, and Seoul.

 

Madison seeks to immediately hire a Corporate Controller for its corporate accounting and reporting function in its New York headquarters.  Reporting to and working daily with the Managing Director and Head of Corporate Finance and Accounting, as well as the Chief Financial Officer, the ideal candidate will be tasked with a wide-ranging set of tasks and increasing responsibilities, including the following:

  • Managing and overseeing a third-party administrator’s preparation of financial statements for Madison’s management company and special purpose vehicles, including detailed general ledger account reconciliation;
  • Annual financial statement audit for management company;
  • Quarterly and annual tax reporting for management company and its foreign subsidiaries;
  • Coordinate monthly funding and expense reimbursement process with foreign affiliates;
  • Coordinate firmwide annual budgeting and quarterly reforecasting;
  • Collaborate with senior leadership on five and ten-year company business plans, including company valuation;
  • Manage and coordinate timely reimbursements to the management company, with particular emphasis on employee expense reports and corporate credit cards;
  • Oversee accounts payable process and review invoice allocation;
  • Cash management and debt covenant monitoring for management company;
  • Assist with entity formation, KYC/AML/DDQ responses, and legal documentation review;
  • US payroll and 401(k) review with and coordination with third party administrators;
  • Seek out and implement opportunities to improve process efficiency; and
  • Assist with special projects, as needed.

The ideal candidate should possess, at least, a bachelor’s degree in accounting (or closely related field), plus 5+ years of public and/or private accounting experience.  Prior exposure to private equity management companies is preferred.  Prior real estate experience and a CPA license are helpful and preferred but not required.  Successful candidates should also be able to speak to their skill sets, which should include the following:

  • Keen attention to detail is critically important;
  • Ability to synthesize and present financial data;
  • Strong written and oral communication skills; presentations to senior leadership are part of the job;
  • Self-motivated with desire to learn by seeking out mentorship and additional responsibility;
  • Availability to work extended hours, as needed;
  • Proper attitude and willingness to roll-up sleeves and get job done, including printing and binding presentation materials, prepping technology for Teams/Zoom calls, etc.; and
  • Experience dealing with sensitive and confidential information.

 

Intermediate to advanced technical skills will allow the ideal candidate to thrive in this role:

  • PowerPoint, Outlook, Teams, and Adobe Acrobat;
  • Excel including data cleaning, complex formula writing, graphing and charting, and pivot tables; and
  • Microsoft’s data analysis tools (Power Query, Power Pivot, Power BI, etc.), FIS Investran, Intuit Enterprise, QuickBooks Online, TripsWare, Concur, ChatGPT, and eFront

For New York Only: It is expected that the base salary range for this position will be $190,000 to $230,000. Actual salaries may vary based on factors such as skills, experiences and qualifications for the role. The total compensation package for this position may also include other elements and discretionary awards in addition to a full range of medical, financial and / or other benefits (including 401(k) eligibility and various paid time off benefits such as vacation, sick time and parental leave) dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, the employee will be in an ‘at-will position’ and the Firm reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time including for reasons related to individual performance, Firm or individual department / team performance and market factors.

 

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