Assistant Fund Controller

Vaco; New York (NY); On-site; USD 120,000 - 150,000; Full time

Job summary

A leading alternative asset manager in private credit seeks an Assistant Fund Controller to support accounting, reporting, and operational finance across multiple investment vehicles in New York City, onsite five days a week. The role offers exposure to fund accounting, financial reporting, valuation support, and business operations within a growing platform.

The ideal candidate is hands-on, collaborative, and eager to build a long-term career in private markets.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• Experience in fund accounting or fund administration.
• Understanding of investment fund structures and investor reporting.
• Strong Excel skills and attention to detail.

Responsibilities

• Support monthly, quarterly, and annual close for investment vehicles.
• Assist with fund accounting activities including investor transactions and capital activity.
• Review and reconcile accounting records and schedules.
• Coordinate with third-party administrators, auditors, tax advisors.
• Prepare financial statements, management and investor reporting.
• Support budgeting, forecasting, and financial planning.
• Participate in audit, tax, and compliance projects.
• Help improve accounting processes and internal controls.
• Contribute to special projects as the organization grows.

Skills

Fund accounting

Multi-tasking

Advanced Excel

Analytical skills

Attention to detail

Investment funds

Education

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

Job description

Company: Investment Manager – Private Credit

Role: Assistant Controller – Fund Finance

Salary: $120,000 - $150,000/annually + bonus

Location: New York City – 5 days a week onsite

About the Role: Our client, an alternative asset manager in the private credit and lending space, is seeking an Assistant Fund Controller to support the accounting, reporting, and operational finance activities of a growing alternative investment platform. This role offers broad exposure across fund accounting, financial reporting, valuation support, and business operations, making it an excellent opportunity for someone looking to build a long-term career within private markets.

The ideal candidate will be a hands-on accounting professional who enjoys working in a collaborative environment and is interested in gaining exposure to the investment management industry. This position will partner closely with finance leadership and external service providers while supporting a variety of accounting, reporting, and analytical initiatives. Fund accounting experience in private credit or private equity highly preferred.

Responsibilities:

• Support the monthly, quarterly, and annual close processes for investment vehicles and related entities
• Assist with fund accounting activities, including investor transactions, capital activity, allocations, and financial reporting
• Review and reconcile accounting records, investment activity, and supporting schedules
• Coordinate with third-party administrators, auditors, tax advisors, and other service providers
• Assist with valuation support, portfolio reporting, and financial analysis activities
• Prepare financial statements, management reports, and investor reporting deliverables
• Support budgeting, forecasting, and financial planning activities for the management company
• Participate in audit, tax, and compliance-related projects
• Help improve accounting processes, reporting workflows, and internal controls
• Contribute to special projects and operational initiatives as the organization continues to grow

Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field
• CPA preferred but not required
• Experience in fund accounting, fund administration, public accounting, investment management, private equity, private credit, hedge funds, or related financial services environments
• Understanding of investment fund structures, capital activity, and investor reporting
• Experience working with fund administrators or other external service providers is highly desirable
• Strong accounting, analytical, and organizational skills
• Advanced Excel skills and experience working with financial data
• Ability to manage multiple priorities in a fast-paced environment
• Strong attention to detail and a willingness to take ownership
• Interested in building a career within private markets, alternative investments, or fund finance
• Comfortable working on a lean, collaborative team
• Enjoys a blend of accounting, reporting, and analytical responsibilities
• Fund administration or investment fund accounting experience is a strong plus