Assistant Controller, Private Equity

Atlantic Group; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

Atlantic Group in New York seeks a Senior Fund Controller to oversee the accounting, reporting, and operational infrastructure for the firm's flagship private equity funds, co-investment vehicles, and related entities.

You will coordinate quarterly and annual fund reporting, audits, waterfall calculations, and investor communications, while partnering with investment, finance, tax, and IR teams to ensure accuracy and scale.

Qualifications

• 5–10 years of public/private accounting within private equity.
• Experience with fund reporting, audits, and waterfall calculations.
• Strong understanding of GAAP and financial controls.

Responsibilities

• Oversee accounting, reporting, and operational infra for private equity funds and co-invest vehicles.
• Manage quarterly/annual fund reporting, audits, investor reporting, waterfalls, carried interest.
• Collaborate with investment, finance, tax, and investor relations teams to ensure accurate reporting.
• Oversee capital activity: calls, distributions, allocations, cash management, compliance.
• Provide accounting expertise on acquisitions, financings, valuations, and portfolio activity.
• Serve as main contact for investors, auditors, tax advisors, and external partners.
• Drive enhancements to fund accounting processes, systems, controls.
• Mentor junior accounting professionals.

Skills

Fund accounting

Financial reporting

GAAP knowledge

Cross-functional collaboration

Mentoring juniors

Job description

• Play a key role in supporting the Controller in overseeing the accounting, reporting, and operational infrastructure for the firm's flagship private equity funds, co-investment vehicles, and related entities.
• Support the quarterly and annual fund reporting cycle, including financial statements, audit coordination, investor reporting, waterfall calculations, carried interest, and performance metrics.
• Partner closely with the investment, finance, tax, and investor relations teams to ensure accurate reporting and seamless execution across the fund lifecycle.
• Oversee day-to-day capital activity, including capital calls, distributions, investor allocations, and cash management, while ensuring compliance with partnership agreements and side letters.
• Provide accounting expertise on complex investment transactions, including acquisitions, dispositions, financings, valuations, and portfolio company activity, while supporting the Controller and broader finance team on strategic initiatives and firm growth.
• Serve as a key point of contact for investors, auditors, tax advisors, and other external partners, helping ensure timely and accurate deliverables and a high level of investor service.
• Assist the Controller in driving enhancements to fund accounting processes, systems, and controls to improve scalability, efficiency, and transparency across the platform.
• Help oversee and mentor junior accounting professionals, providing guidance on technical accounting, fund reporting, and day-to-day accounting activities.

Requirements:

• 5-10 years of public/private accounting or straight private sector accounting within private equity