Assistant Controller, Fund Finance

Assistant Controller, Fund Finance Overview

• The Assistant Controller, Fund Finance, will oversee fund operations, ensuring accurate financial reporting and compliance for diverse fund structures.
• Collaborate with investment teams, investor relations, and leadership to streamline fund accounting workflows and infrastructure.
• Drive process enhancements, system optimizations, and strategic initiatives to improve operational efficiency.
• Engage with investors and senior leadership, showcasing exceptional communication and interpersonal skills.
• Coordinate audits, capital activities, and financial statement preparation to ensure compliance and accuracy.
• Provide strategic support to fund controllers, contributing to financial initiatives and operational improvements.
• Operate independently in a dynamic environment, managing competing priorities effectively.

Assistant Controller, Fund Finance Key Responsibilities & Duties

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

Assistant Controller, Fund Finance Job Requirements

• Bachelor’s degree in Accounting, Finance, or a related field is required.
• 5-10 years of progressive experience in fund accounting, preferably in private equity or private credit.
• Big 4 public accounting background is highly preferred.
• Proficiency in waterfall calculations, partner allocations, and credit facility management.
• Strong communication skills to engage effectively with investors and leadership.
• Ability to operate in a fast-paced environment with competing priorities.
• Hands-on experience with financial statement preparation and investor reporting is required.