What are the responsibilities and job description for the Controller position at Telis Group?
ABOUT TELIS GROUP CAPITAL MANAGEMENT
Telis Group Capital Management LLC is a Fort Worth-based private real estate investment manager focused on opportunistic strategies across multifamily assets. We operate a series of private funds and co-investment vehicles. As we scale our platform, we are seeking a technically strong and operationally minded Controller to support the accounting and financial reporting function.
POSITION SUMMARY
The Controller will serve as a senior accounting leader, collaborating with the CFO on fund-level and entity-level accounting, investor reporting, audit coordination, and internal controls. Reporting directly to the CFO, the Controller will partner closely with the fund administration team, external auditors, tax advisors, and the Managing Principals to ensure accurate and timely financial reporting across all Telis Group entities.
KEY RESPONSIBILITIES
The Controller will support the CFO in the following activities:
Fund & Entity Accounting
- Accounting for all fund entities, the Holding Company (HoldCo), Co-GP structures, and related vehicles
- Record and reconcile management fee income, acquisition fees, asset management fees, and preferred return waterfalls
- Prepare monthly and quarterly financial statements (GAAP) for all entities
- Maintain partner capital account schedules and reconcile to fund administrator records (Juniper Square or equivalent)
- Accounting for management fee waivers and related GP co-investment mechanics
Investor Reporting & Fund Administration
- Coordinate with fund administrator on NAV calculations, capital call and distribution processing, and investor allocations
- Review K-1 packages and work with tax advisors on partnership tax returns
- Prepare and review investor capital account statements and quarterly performance reports
- Support investor due diligence requests
Audit, Tax & Compliance
- Serve as primary liaison with external auditors across all fund entities
- Coordinate preparation of partnership tax returns with external CPA firm
- Maintain regulatory calendar including Form ADV annual amendments and Form D filings
Treasury & Operations
- Cash forecasting and treasury operations across fund and HoldCo bank accounts
- Adhere to accounts payable and cash management workflows; help enforce internal controls over disbursements
- Help oversee revolving lines of credit and other financing facilities; track covenant compliance
- Maintain accounting policies, internal controls, and standard operating procedures
QUALIFICATIONS
Required
- 7 years of progressive accounting experience, with at least 3 years in a fund accounting or controller role at a real estate investment manager, private equity firm, or public accounting firm serving alternative asset clients
- Deep familiarity with partnership accounting (GAAP), waterfall mechanics, and capital account maintenance
- Experience with fund administration platforms
- Strong understanding of partnership tax concepts
- Proficiency in GL software for management company accounting
- BA/BS in Accounting or Finance; CPA required
Preferred
- Experience at an SEC-registered RIA, with familiarity with Form ADV and RIA compliance obligations
- Experience supporting the onboarding process for institutional or family office investors
- Big 4 or national firm public accounting background with real estate investment management clients