Assistant Controller - Fund Solutions $90-110k plus bonus

Bell & Associates, Inc.; Charlotte (NC); On-site; USD 85,000 - 110,000; Full time

Job summary

Bell & Associates, Inc. in Charlotte, NC is seeking an Assistant Controller to support the Fund Solutions Division. You will manage daily accounting operations for hedge, private equity, private credit and venture capital funds, including NAV reviews and client reporting.

You will work with portfolio managers and clients to ensure accurate financials, support year-end audits, and contribute to process improvements in a fast-paced, start-up/family culture.

Qualifications

• Bachelor’s in accounting required.
• 3-5 years of relevant experience in accounting or financial services, with a focus in fund accounting, alternative investment, and client facing experience.
• Strong knowledge of GAAP, analytical and problem-solving skills, proficiency in financial software and systems, and strong communication and leadership abilities.
• Proficient in Microsoft Office, especially Excel, PowerPoint, and Word; Power BI and Adaptive are a plus.

Responsibilities

• Daily recording and reconciliation of clients' equity, options, FX and derivatives positions.
• Coordinate with Portfolio Managers and counterparties to ensure timely settlement of transactions.
• Provide operational support for closed ended vehicles including capital call calculations, deal closing and treasury management.
• Prepare performance summaries and risk metrics for clients and investors.
• Review client NAVs on a monthly or quarterly basis, including allocations and capital statements.
• Assist with Year End Audit and Tax deliverables.

Skills

Fund accounting

GAAP knowledge

Analytical skills

Leadership abilities

Multi-tasking

Team player

Education

Bachelor's in accounting

Tools

Excel

PowerPoint

Word

Power BI

Adaptive

Job description

Our client is seeking their next Assistant Controller to support their Fund Solutions Division. The Fund Solutions Division provides employees full exposure to the Alternative Investment Industry with client support covering the full spectrum of Investment vehicles, including Hedge, Private Equity, Private Credit and Venture Capital Funds. They provide comprehensive solutions that span the Fund investment life cycle - from initial Operational, Accounting and Compliance set up, ongoing middle and back-office operations, CFO, Fund Administration, Compliance and Tax and Advisory services. Employees will support and be exposed to a wide range of Fund structures and strategies. Currently, they provide services to over 400 funds and managed accounts aggregating over $80 Billion in AUM.

Responsibilities

• Daily recording and reconciliation of clients' equity, options, foreign exchange and derivative positions with counterparties utilizing portfolio management accounting systems
• Coordination with Portfolio Managers and Counterparties to ensure timely settlement of all transactions
• Provide operational support for closed ended vehicles including Capital Call calculation, Deal closing support and Treasury Management
• Prepare performance summaries and risk metrics reporting for distribution to clients and investors
• Review client NAV's on a monthly basis or quarterly basis, including investor allocations, waterfall calculations and capital statements
• Research corporate actions and review against prime broker records
• Assist with Client Valuation and Expense policies
• Help prepare and coordinate payments to vendors across clients' funds and management companies
• Utilize Bloomberg to re-value client holdings
• Assist with internal projects and administrative duties.
• Assist with Year End Audit and Tax deliverables

Requirements

• Bachelor’s in accounting required.
• 3-5 years of relevant experience in accounting or financial services, with a focus in fund accounting, alternative investment, and client facing experience.
• Strong knowledge of GAAP, excellent analytical and problem-solving skills, proficiency in financial software and systems, and strong communication and leadership abilities.
• Proficient in Microsoft Office, especially Excel, PowerPoint, and Word. Experience with financial software, such as Power BI and Adaptive is a plus.
• Highly motivated individual with a desire to join our sophisticated start-up/family culture
• Strong accounting and organizational background are necessary
• Excellent interpersonal skills
• Must be a team player
• Ability to multi-task and meet deadlines
• Demonstrates integrity and a stellar work ethic
• Ability to work onsite in Charlotte, NC, with the opportunity to move to a hybrid 2 to 3 day in-office model, once proven and successful in role.

Preferred Qualifications

• Strong analytical, quantitative, and problem-solving skills and the ability to handle complex and large data sets.
• Proficient in financial modeling, valuation, and accounting principles and methodologies.
• Excellent communication, presentation, and interpersonal skills and the ability to work effectively with clients and team members at all levels.
• Self-motivated, proactive, and detail-oriented and the ability to work independently and under pressure.