Assistant Portfolio Controller

at Jones Lang LaSalle in Chicago, Illinois, United States

Job Description

LaSalle Profile:

LaSalle Investment Management ("LaSalle") is a global real estate investment manager with $78 billion of private and public real estate assets under management and over 900 employees in 13 countries. Our diverse investor base includes public and private pension funds, insurance companies, governments, endowments, and high net worth investors from across the globe. LaSalle sponsors private custom accounts, private open and closed-end commingled funds, and public real estate securities programs. As a wholly-owned member of JLL, LaSalle's investment teams also draw on the intelligence and resources of its parent company, providing unique access to market opportunities and key industry leaders. LaSalle has the ambition, creativity, and opportunity to be a global leader in technology-driven real estate investment management, and the successful candidate will have a key role in driving this transformation.

LaSalle Global Solutions

LaSalle Global Solutions represents LaSalle's fourth business line, operating alongside the three regional direct real estate businesses (Americas, Europe and Asia Pacific). LaSalle Global Solutions is a fully integrated division, dedicated to building robust, indirect and structured investment portfolios by partnering with expert real estate operators across the globe.

With approximately $14.1 billion of AUM across all geographies and risk profiles and a team of ~70 investment professionals located in Chicago, New York, Baltimore, London and Singapore, LaSalle Global Solutions represents one of the largest indirect real estate platforms, globally. The LaSalle Global Solutions team is also supported by the wider resources and established platform of LaSalle including Investor Relations, Legal and Compliance and the global Research and Strategy team.

Objective of Role:

LaSalle Investment Management is currently seeking an Assistant Portfolio Controller. This individual will serve in a lead role to help manage a significant portion of the accounting and reporting process for multiple indirect real estate portfolios utilizing US GAAP and IFRS. This individual will report to the Portfolio Controller.

Responsibilities:

Take a lead role in the quarterly and annual accounting closes, including drafting financial statements and client statements.
Review the work of junior members of the team.
Quarterly financial analysis, including review of accounting information from JV and co-invest partners.
Coordinate quarterly and annual reporting requirements, as well as year-end audit and tax requirements.
Review journal entries and bank reconciliations.
Oversight of cash management and payables (e.g., investor capital calls and distributions, invoice payments, etc.).
Work with the Performance team in calculating, interpreting, and communicating performance returns.
Create efficiency in and effectiveness of the financial reporting process, as well as improve investor services.
Take initiative in identifying problems and providing suggested solutions.
Take the lead on special projects as assigned, working across the global LaSalle Investor Accounting and Finance team and the Global Solutions business line.
Co-ordinate and liaise with third party outsourced accounting & tax providers, JV partners, fund managers, asset managers, investors on finance, reporting & tax matters.

Required Qualifications & Experience:
Minimum of 5-8 years of accounting experience.
Bachelors Degree in Accounting.
CPA designation is strongly preferred. Candidate will be expected to achieve CPA in order to qualify for future progression.
Strong knowledge of technical... For full info follow application link.

JLL Is an Equal Opportunity Employer JLL is committed to developing and maintaining a diverse workforce.  JLL strongly believes in equal opportunity extended to all individuals in all aspects of the employment relationship, including recruitment, hiring, training, promotion, transfer, discipline, layoff, recall and termination without regard to race, color, religion, belief, creed, age, sex, pregnancy or maternity (including childbirth and related conditions), family responsibility (e.g. child care, elder care), nationality, ethnic or national origin or ancestry, citizenship, marital status, civil partner status, sexual orientation, gender identity or expression, transgender status, veteran’s status, genetic information, trade union membership, social position, political view or status as a qualified individual with a disability, protected leave status or any other protected characteristic in accordance with applicable law.  The company also endeavors to make reasonable accommodations for known physical or mental limitations of otherwise qualified employees and applicants with disabilities unless the accommodations would impose an undue hardship on the operation of our business and ensures that employment decisions are based only on valid job requirements.