Assistant Controller: Fund Accounting & Investor Reporting

TheASPTeam; Portland (OR); On-site; USD 120,000 - 180,000; Full time

Job summary

TheASPTeam is seeking an Assistant Controller to lead accounting and financial reporting across fund entities, the management company, and related accounts. You will manage the close process, oversee diverse revenue streams, and support audits and tax compliance. The ideal candidate has 8+ years in accounting, with asset management exposure and strong U.S.

GAAP knowledge. Advanced Excel skills and experience with fund platforms are preferred.

Qualifications

• Bachelor's degree in Accounting or Finance is required.
• 8+ years of accounting experience, including time in public accounting (preferred) with an asset management or financial services focus.
• 5+ years of experience within an investment management firm, fund administrator, or similar environment.
• Strong knowledge of U.S. GAAP, investment company accounting, and partnership accounting.
• Experience interpreting limited partnership agreements and modeling fee and waterfall calculations.
• Advanced Excel skills.

Responsibilities

• Oversee monthly, quarterly, and annual close for fund entities, including review of NAV calculations, capital accounts, and financial statements prepared by third-party administrators.
• Prepare calculations of management fees, carried interest, incentive allocations, and waterfall distributions in accordance with fund governing documents.
• Assist with capital call and distribution processes, including notices, cash reconciliations, and investor allocations.
• Prepare quarterly investor reports, capital account statements, and custom investor requests.
• Oversee general ledger, accounts payable, expense allocations, and intercompany activity for the management company and affiliated entities.
• Prepare management company financial statements, budgets, and variance analyses.
• Assist with the annual fund and management company audits, preparing schedules and responding to auditor inquiries.
• Coordinate with internal and external tax advisors on K-1 preparation, tax estimates, and tax allocations.
• Ensure compliance with U.S. GAAP (including ASC 946), fund agreements, and internal controls.
• Maintain and strengthen internal controls, accounting policies, and procedure documentation.
• Identify opportunities to automate and streamline workflows and reporting.

Skills

Accounting experience

Attention to detail

Communication with senior leadership

Time management

Education

Bachelor's degree in Accounting or Finance

Tools

Advanced Excel

Public accounting exposure

Job description

TheASPTeam is seeking an Assistant Controller to lead accounting and financial reporting across fund entities, the management company, and related accounts. You will manage the close process, oversee diverse revenue streams, and support audits and tax compliance. The ideal candidate has 8+ years in accounting, with asset management exposure and strong U.S.

GAAP knowledge. Advanced Excel skills and experience with fund platforms are preferred.