Assistant Corporate Controller

Wall Street Careers®; New York (NY); On-site; USD 120,000 - 210,000; Full time

Job summary

Wall Street Careers® is seeking an Alternative Credit Manager with deep expertise in US GAAP to lead the corporate accounting function for an investment manager with over $100 billion in AUM. The role focuses on revenue recognition, consolidation, and equity-method accounting across complex entity structures.

You will drive budgeting, forecasting, and profitability reporting by vehicle and business segment, while coordinating audits and tax matters with external advisors.

Qualifications

• CPA strongly preferred.
• Strong US GAAP knowledge including revenue recognition, consolidation and equity method accounting.
• Experience with intercompany accounting and investment manager economics is essential.
• Advanced Excel skills and experience with GL and consolidation systems.
• Hands-on experience in public accounting and transition to an alternative investment manager is ideal.

Responsibilities

• Lead corporate accounting for the investment manager and related entities, including entity closes and intercompany activity.
• Oversee fee revenue calculations and recognition across funds, vehicles, and accounts.
• Prepare GAAP financial statements and internal reports; explain results to CFO and executives.
• Manage annual budgeting/forecasts and profitability reporting by business segment.
• Coordinate with external auditors and tax advisors on audits and filings.
• Oversee liquidity management, cash projections, and intercompany funding across entities.
• Improve controls and upgrade systems to scale with growth.

Skills

CPA

US GAAP

Revenue recognition

Consolidation

Equity method accounting

Intercompany accounting

Advanced Excel

Audit coordination

Tools

GL systems

Excel

ERP systems

Job description

Alternative credit manager with more than $100 billion in AUM, running a range of credit strategies and investment vehicles for institutional investors.

Responsibilities

• Lead the corporate accounting function for the investment manager and its related entities, including reviewing all entity closes, intercompany activity, and consolidated reporting
• Oversee how fee revenue is calculated and recognized across the platform’s funds, vehicles, and separate accounts, including base fees, performance-based fees and carry
• Produce GAAP financial statements and internal reporting packages, and explain results and trends to the CFO and executive team
• Run the annual budgeting and forecasting process, allocate expenses across vehicles, and report profitability for each business segment
• Serve as main point of contact for the external auditors and tax advisors on the firm’s audit, partnership returns, and entity-level filings
• Manage corporate liquidity, including cash projections, intercompany funding and capital planning across entities
• Strengthen controls, upgrade systems and build processes that keep pace with a quickly growing platform

Requirements

• CPA strongly preferred
• 5+ years of accounting experience, ideally starting in public accounting and moving to an alternative investment manager
• Hands‑on experience working in the corporate or management company books at a credit, private equity or hedge fund manager
• Strong technical grounding in US GAAP, especially revenue recognition, consolidation and equity method accounting for complex entity structures
• Solid understanding of investment manager economics, including fee arrangements, incentive structures, carry and clawback
• Familiarity with publicly registered investment vehicles or SEC reporting is a plus
• Support audits and build controls and processes in a high‑growth setting
• Confident communicator who works well with senior leadership; advanced Excel and experience with GL and consolidation systems