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Fund Controller

  • Job Number 527369
  • Type Permanent
  • Location New York, NY
  • Pay $100,000 - $150,000
  • Referral Bonus $250

Fund Controller

Job Description:

Well-established private equity firm, with a strong track record in the consumer products space, seeks to hire a Fund Controller for their NYC office. The position will report directly to the Chief Financial Officer and will work closely with the firm’s third-party administrator to manage any/all accounting tasks related to financial operations, tax, audit, and reporting of both the firm and the funds it manages.

The firm offers a very dynamic and fast paced environment with plenty of ways to learn and contribute to the success of the company. Being a boutique firm, the incumbent will have great visibility and exposure with regular interaction with management and outside parties.

Some responsibilities include, but are not limited to:

Management Company related:

  • Oversee preparation of monthly financial statements
  • Manage ongoing accounts payable including tracking of due to/from the funds
  • Prepare actuals vs budget reporting on a quarterly basis
  • Cover any HR/Admin related tasks related to the team (onboarding, etc.)

Fund related:

  • Oversee preparation of quarterly and annual audited financial statements for all funds and co-investment entities
  • Oversee preparation of quarterly investment reports
  • Oversee issuing LP Capital statements each quarter
  • Provide quarterly compliance reporting
  • Manage internal fund waterfalls for GP and LP ending capital account calculations
  • Assist in preparation of investment valuations (bi-annual)
  • Extensive interaction with external auditors for management of audit process
  • Extensive interaction with external tax team for management of estimate letters and annual tax returns and K-1s
  • Prepare distribution waterfalls for funds and co-investments
  • Provide capital call breakdowns of invested capital, expenses, etc. by Fund.
  • Review cash reconciliations with capital calls and distributions

Requirements:

  • Bachelor’s degree in accounting or related field
  • ~6-8 years of experience in private equity and/ or hedge fund accounting
  • Familiarity with preparing and reviewing of capital call and distribution calculations, management fee calculations, waterfall calculations and preparation of financial statements
  • Knowledge of G/L systems; Investran a plus
  • Knowledge of partnership accounting
  • Knowledge of US GAAP
  • Advanced MS Excel knowledge