What are the responsibilities and job description for the Financial Controller position at OTH Capital?
Old Three Hundred Capital (OTH) is an Austin-based alternative investment firm with a diversified platform spanning real estate private equity — focusing on market-rate and affordable multifamily — and venture capital. We manage a growing portfolio of assets across Texas through an integrated family of funds, operating entities, and investment vehicles. To learn more, visit
othcapital.com.
The Opportunity
We are looking for a hands-on Controller to own the financial operations of the firm and serve as the backbone of our accounting function. This is a high-trust, high-visibility role working directly with OTH's principals across our real estate and venture platforms.
You will be responsible for multi-entity accounting and financial reporting, investment-level FP&A, asset management reporting, construction finance, and the ongoing development of our financial systems and controls. The ideal candidate thrives in a lean, high-performance environment and is excited to bring structure and analytical rigor to a firm at an inflection point in its growth.
Key Responsibilities
Financial Reporting & Close
- Own the monthly, quarterly, and annual close process across all OTH entities
- Prepare consolidated and entity-level financial statements (P&L, balance sheet, cash flow)
- Maintain chart of accounts, intercompany eliminations, and multi-entity reconciliations
- Coordinate with external fund administrators and tax accountants for audit and tax compliance
Financial Planning & Analysis
- Build and maintain investment-level financial models, including underwriting assumptions, return projections, and variance analysis against actuals
- Prepare quarterly and annual budget-to-actual reporting across the portfolio for principal review and LP reporting
- Support strategic planning processes including forecasting, scenario analysis, and capital allocation decisions
- Develop and maintain KPI dashboards and management reporting packages across funds and operating entities
Asset Management & Reporting
- Serve as the financial reporting lead across OTH's real estate and investment portfolio, partnering with asset managers and operating partners on performance monitoring
- Prepare investor reports, capital account statements, and fund-level performance summaries
- Track hold-period returns, NOI performance, and valuation updates across the portfolio; flag variances and key risks to principals
- Support LP communications and ad hoc investor requests for financial data
Construction Finance & Draw Management
- Own the construction draw process for active development and value-add projects, including draw preparation, lender submissions, and disbursement tracking
- Review construction budgets, change orders, and cost reports in coordination with project management and operating partners
- Maintain construction-in-progress accounting and track capitalization schedules through to stabilization
- Coordinate with lenders, title companies, and inspectors to ensure timely and accurate draw funding
Multi-Entity & Fund Accounting
- Manage accounting across OTH's fund entities, operating companies, SPVs, and real estate holdings
- Oversee LP capital account tracking, waterfall calculations, and carried interest computations
- Reconcile property-level financial data from property management platforms to the general ledger
Payroll, Controls & Compliance
- Oversee payroll processing and multi-entity payroll cost allocations in coordination with HR
- Maintain and enforce OTH's internal controls framework, including approval hierarchies, reconciliation cadences, and documentation standards
- Manage vendor and AP processes; coordinate with lenders, insurance brokers, and legal counsel on financial obligations
Systems & Process Improvement
- Serve as the primary ERP owner; lead configuration, integrations, and reporting buildout
- Identify opportunities to reduce manual effort and improve close efficiency through automation and systems improvements
- Partner with operations on data infrastructure and financial reporting workflows
Qualifications
Required
- 5 years of progressive accounting experience, including a prior controller or senior accounting management role
- Deep understanding of real estate accounting, fund structures (LP/GP), and waterfall mechanics
- Demonstrated experience managing construction draws and construction cost accounting
- Strong FP&A background with experience in investment-level modeling, budget-to-actual analysis, and management reporting
- Proficiency in a modern ERP system (Sage Intacct, NetSuite, Yardi, or comparable)
- CPA preferred
Preferred
- Experience in a multi-entity alternative investment, family office, or real estate private equity setting
- Familiarity with property management platforms and real estate data environments
- Prior experience building or improving financial systems at a growing firm
- Comfort with data tools and financial automation; interest in modern finance infrastructure
What We Offer
- Competitive compensation package commensurate with experience
- Performance bonus opportunity
- Health, dental, and vision benefits
- 401(k) with employer contribution
- Flexible hybrid work arrangement based in Austin, TX
- A lean, high-ownership environment with direct access to firm leadership
- Exposure to a broad range of asset classes and investment structures
How to Apply
Please send your resume and a brief note on your background to pboero@othcapital.com. We review applications on a rolling basis.