Assistant Controller, Fund Finance

Overview

• Manage fund operations, including NAV calculations, investor reporting, and financial statement preparation for diverse fund structures.
• Collaborate with investment teams, investor relations, and senior leadership to ensure seamless fund administration.
• Drive system build-outs and process enhancements to optimize fund accounting workflows and infrastructure.
• Coordinate audits and capital activities, ensuring compliance and accuracy across multiple fund vehicles.
• Provide strategic support to the Fund Controller function, contributing to operational improvements and financial initiatives.
• Operate independently in a fast-paced environment, managing competing priorities and ambiguous situations effectively.
• Engage directly with investors and senior leadership, showcasing strong communication and interpersonal skills.

Key Responsibilities & Duties

• Own fund administrator relationships, overseeing financial statements, capital calls, distributions, and partner allocations.
• Facilitate fundings, realizations, and portfolio valuations in collaboration with investment teams.
• Support investor relations by addressing inquiries, aiding capital raising efforts, and ensuring accurate LP communications.
• Enhance systems and processes through project management, testing, and workflow optimization.
• Contribute to strategic initiatives within the Fund Controller function, improving operational and financial infrastructure.
• Manage credit facility activities, cash management, and financial statement close processes effectively.
• Ensure compliance with regulatory standards and maintain accurate records for fund operations.

Job Requirements

• Bachelor’s degree in Accounting, Finance, or a related field is required.
• 5-8 years of progressive experience in fund accounting, preferably in private equity or private credit.
• Big 4 public accounting background is preferred for this role.
• Proficiency in waterfall calculations, partner allocations, and credit facility management is essential.
• Strong communication skills to engage effectively with investors and senior leadership.
• Ability to operate in a fast-paced environment with competing priorities and limited structure.
• Hands-on experience with financial statement preparation and investor reporting is required.