Assistant Controller

Confidential; New York (NY); On-site; USD 150,000 - 210,000; Full time

Job summary

Confidential in New York seeks a senior fund finance professional responsible for fund accounting, tax reporting, and related operations. You will oversee outsourced fund administrators, manage quarterly closes, audits, and tax compliance for assigned funds, and coordinate with Legal, Compliance, and Portfolio Management to ensure accurate investor reporting.

Role requires strong collaboration with deal teams and a proactive mindset to improve processes and implement industry best practices

Responsibilities

• Lead Fund Finance Function for Assigned Funds.
• Oversee outsourced fund administrators and review their work.
• Ensure accounting activities follow internal policies.
• Manage day-to-day accounting operations, including liquidity management, capital calls, distributions.
• Lead quarterly closes, audits, and tax compliance processes with outsourced CPA firms.
• Coordinate with the broader Fund Finance team to ensure consistency across funds.
• Build relationships with deal personnel to maintain awareness of portfolios and investments.
• Coordinate with external tax preparers to manage tax estimates, projections, filings, and related matters.
• Maintain knowledge of emerging industry best practices.
• Identify opportunities for process improvement and implement solutions.
• Work with Legal and Compliance for regulatory filings and SEC compliance.
• Collaborate with Portfolio Management for investor reporting.
• Participate in special projects.

Job description

Reporting to the Senior Controller, this position will be responsible for all fund accounting and reporting (including tax reporting) and certain fund-related operations.

Essential Functions

Responsibilities for the role include, but are not limited to:

• Lead Fund Finance Function for Assigned Funds.
• Oversee outsourced fund administrators as they relate to all accounting and operational aspects of assigned funds. Communicate effectively with fund administrators to ensure efficiency. Review their work thoroughly.
• Ensure accounting activities are conducted in accordance with internal policies and procedures.
• Manage day-to-day accounting operations of fund entities, including liquidity management, capital calls, distributions, periodic reconciliations with third-party fund administrators.
• Lead quarterly closes, annual audits, and tax compliance processes (with outsourced CPA firms) for assigned funds.
• Coordinate effectively with the broader Fund Finance team to ensure consistency across funds from an accounting, reporting, tax, and operational standpoint.
• Build strong relationships with deal personnel to maintain awareness of assigned portfolios and individual investments.
• Coordinate with external tax preparers to ensure they remain informed about assigned funds and can effectively manage tax estimates, projections, filings, and related matters.
• Maintain knowledge of emerging industry best practices.
• Proactively identify opportunities for process improvement and collaborate with the Fund Finance team to implement solutions.
• Work closely with Legal and Compliance teams to ensure timely and accurate regulatory filings, SEC compliance, and related requirements.
• Collaborate with the Portfolio Management team to ensure accurate internal and external investor reporting.
• Heavily participate in special projects as they arise.