Assistant Controller - Fund Finance

Madison-Davis, LLC; New York (NY); On-site; USD 150,000 - 230,000; Full time

Job summary

Madison-Davis, LLC is seeking an Assistant Controller to join its Fund Finance team in New York. The role offers exposure to fund accounting, financial reporting, capital activity, investor reporting, and investment operations, reporting to senior finance leadership.

The ideal candidate has CPA credentials, Big 4 experience, and 5–10 years in private equity or fund accounting, with a track record of delivering accurate financial statements and scalable processes.

Qualifications

• 5–10 years of experience within public accounting, private equity, asset management, or fund accounting environments.
• Big 4 public accounting experience strongly preferred.
• CPA strongly preferred.
• Experience with private equity fund structures, capital activity, investor allocations, and financial reporting.
• Strong understanding of fund accounting, partnership accounting, and investment operations.
• Experience reviewing financial statements, waterfalls, capital calls, and distributions.
• Strong technical accounting, analytical, and problem-solving skills.
• Ability to manage multiple priorities within a fast-paced environment.
• Excellent communication and stakeholder management skills.
• Experience working with large institutional private equity platforms or private equity clients preferred.
• Demonstrated ability to operate in a highly visible role with exposure to senior leadership.

Responsibilities

• Oversee fund accounting activities in partnership with third-party administrators.
• Review quarterly and annual financial statements, disclosures, and supporting schedules.
• Review capital calls, distributions, investor allocations, and complex waterfall calculations.
• Monitor fund cash activity, liquidity management, and credit facility transactions.
• Serve as a key liaison with fund administrators to ensure timely and accurate deliverables.
• Partner with investment teams to support investment funding, realizations, and valuation processes.
• Collaborate with investor relations teams to support LP reporting and investor requests.
• Support month-end, quarter-end, and year-end close processes.
• Assist with financial reporting, operational initiatives, and strategic finance projects.
• Participate in system implementations, process improvement initiatives, and user acceptance testing.
• Support the development of scalable accounting processes, controls, and reporting frameworks.
• Work closely with senior finance leadership on high-visibility projects and business initiatives.

Skills

Financial analysis

Problem solving

Communication

Stakeholder management

Attention to detail

Education

Bachelor's degree in Accounting, Finance, or related field

CPA certification

Job description

ABOUT THE ROLE A leading private equity investment firm is seeking an Assistant Controller to join its Fund Finance team. This role offers broad exposure across fund accounting, financial reporting, capital activity, investor reporting, and investment operations. The position will work closely with senior finance leadership and play a key role in overseeing fund accounting processes, administrator relationships, and strategic finance initiatives across a complex private equity platform. This is an excellent opportunity for a CPA with private equity fund accounting experience looking to take the next step toward a Controller-level career path.

RESPONSIBILITIES

• Oversee fund accounting activities in partnership with third-party administrators
• Review quarterly and annual financial statements, disclosures, and supporting schedules
• Review capital calls, distributions, investor allocations, and complex waterfall calculations
• Monitor fund cash activity, liquidity management, and credit facility transactions
• Serve as a key liaison with fund administrators to ensure timely and accurate deliverables
• Partner with investment teams to support investment funding, realizations, and valuation processes
• Collaborate with investor relations teams to support LP reporting and investor requests
• Support month-end, quarter-end, and year-end close processes
• Assist with financial reporting, operational initiatives, and strategic finance projects
• Participate in system implementations, process improvement initiatives, and user acceptance testing
• Support the development of scalable accounting processes, controls, and reporting frameworks
• Work closely with senior finance leadership on high-visibility projects and business initiatives

QUALIFICATIONS

• Bachelor's degree in Accounting, Finance, or a related field
• 5 10 years of experience within public accounting, private equity, asset management, or fund accounting environments
• Big 4 public accounting experience strongly preferred
• CPA strongly preferred
• Experience with private equity fund structures, capital activity, investor allocations, and financial reporting
• Strong understanding of fund accounting, partnership accounting, and investment operations
• Experience reviewing financial statements, waterfalls, capital calls, and distributions
• Strong technical accounting, analytical, and problem-solving skills
• Ability to manage multiple priorities within a fast-paced environment
• Excellent communication and stakeholder management skills
• Experience working with large institutional private equity platforms or private equity clients preferred
• Demonstrated ability to operate in a highly visible role with exposure to senior leadership