Assistant Fund Controller

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

Job summary

Vaco by Highspring is seeking an Assistant Controller - Fund Finance in New York City on-site five days a week. You will support accounting, reporting, and operational finance activities across investment vehicles, with exposure to fund accounting and financial reporting in private markets.

The ideal candidate has hands-on accounting experience, strong Excel skills, and a collaborator mindset to work with finance leadership and external providers. CPA is preferred but not required.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• CPA preferred but not required.
• Experience in fund accounting, fund administration, investment management or related financial services.
• Understanding of investment fund structures, capital activity, and investor reporting.
• Experience working with external service providers is desirable.
• Strong accounting, analytical, and organizational skills.
• Advanced Excel skills and experience with financial data.
• Ability to manage multiple priorities in a fast-paced environment.
• Interested in building a career within private markets, alternative investments, or fund finance.
• Fund administration or investment fund accounting experience is a strong plus.

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 grows.

Skills

Fund accounting

Financial reporting

Analytical skills

Organizational skills

Advanced Excel

Investment management

Hands-on accounting

Education

Bachelor's degree in Accounting/Finance

Job description

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 controlsContribute 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

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

Highspring LLC (d/b/a Vaco by Highspring) and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco by Highspring") are committed to the full inclusion of all qualified individuals and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by applicable law. The company is also committed to ensuring that persons who need them are provided with reasonable accommodations; if an accommodation is needed to participate in the job application or interview process, please contact [e-mail].

Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.

For residents of Ontario, Canada only: to the extent the position for employment is not with Highspring or not otherwise noted as vacant above, candidate should be informed that this role is to replace a presently employed person at Vaco by Highspring's client.

More details about Vaco by Highspring's use of AI can be found here (https://www.highspring.com/ai-use-notices/). Further assessment of candidates beyond this initial phase will be conducted by recruiters and hiring managers. Vaco by Highspring does not know and cannot opine on if its client's use of AI products in hiring.

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:

• the individual's skill sets, experience and training;
• licensure and certification requirements;
• office location and other geographic considerations; and
• other business and organizational needs.

With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses and/or participation in medical, dental, and vision benefits as well as the company's retirement plan (or similar retirement benefits).