Assistant Fund Controller - $5B Private Equity Firm

Coda Search│Staffing; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

Our client, a high-growth private equity firm in New York, NY, is building out its finance function and hiring an Assistant Fund Controller. This role owns core fund accounting across a multi-fund, multi-entity structure, covering close, reporting, fund operations, and deal support.

You will be the main contact for the external fund administrator. As the number two on the funds team, you will influence processes, grow with the platform, and support audits, tax, and investor relations.

Qualifications

• 8+ years in accounting with 3+ years in private equity, infrastructure, or real estate funds.
• Big 4 or large regional public accounting background auditing PE, infrastructure, or real estate funds.
• Strong technical grounding in multi-fund, multi-entity allocations, US GAAP, and ILPA reporting standards.

Responsibilities

• Support quarterly and annual close including journal entries, reconciliations, and supporting schedules.
• Prepare US GAAP financials and ILPA-compliant reporting across the fund complex.
• Review NAV packages, capital account statements, and waterfall calculations prepared by the fund administrator.
• Coordinate valuation inputs with the investment team and support NAV and performance reporting cycles.
• Execute capital calls, investor distributions, and cash flow forecasting.
• Prepare closing entries for asset acquisitions, dispositions, and financings.
• Account for direct investments, joint ventures, and associated consolidations.
• Partner with the investment team on post-close funding mechanics and sources/uses planning.
• Manage cash, liquidity forecasting, and capital planning across entities.
• Allocate expenses across funds and review loan documents for debt compliance requirements.
• Prepare audit schedules and coordinate responses to auditors and tax preparers.
• Manage relationships with external service providers across audit, tax, legal, and fund administration.
• Identify process improvement opportunities and support systems implementation.
• Respond to LP requests and due diligence inquiries in coordination with investor relations.

Skills

Private equity accounting

US GAAP

ILPA reporting

Excel proficiency

Fund accounting platforms

Education

Bachelor's degree in Accounting or Finance

CPA preferred

Tools

Fund accounting software

Job description

Our client, a high-growth $5 billion private equity firm, is building out its finance function and hiring an Assistant Fund Controller in New York, NY. This newly created role is the number two on the funds team. You'll own core fund accounting across a multi-fund, multi-entity structure, covering everything from close and reporting to fund operations and deal support. You'll also be the main point of contact for the external fund administrator. It's an early seat on a growing team, so you'll have genuine room to shape how things run and grow alongside the platform.

Key Responsibilities:

• Support quarterly and annual close including journal entries, reconciliations, and supporting schedules
• Prepare US GAAP financials and ILPA-compliant reporting across the fund complex
• Review NAV packages, capital account statements, and waterfall calculations prepared by the fund administrator
• Coordinate valuation inputs with the investment team and support NAV and performance reporting cycles
• Execute capital calls, investor distributions, and cash flow forecasting
• Prepare closing entries for asset acquisitions, dispositions, and financings
• Account for direct investments, joint ventures, and associated consolidations
• Partner with the investment team on post-close funding mechanics and sources/uses planning
• Manage cash, liquidity forecasting, and capital planning across entities
• Allocate expenses across funds and review loan documents for debt compliance requirements
• Prepare audit schedules and coordinate responses to auditors and tax preparers
• Manage relationships with external service providers across audit, tax, legal, and fund administration
• Identify process improvement opportunities and support systems implementation
• Respond to LP requests and due diligence inquiries in coordination with investor relations

Qualifications:

• 8+ years in accounting with 3+ years in private equity, infrastructure, or real estate funds
• Big 4 or large regional public accounting background auditing PE, infrastructure, or real estate funds
• Strong technical grounding in multi-fund, multi-entity allocations, US GAAP, and ILPA reporting standards
• Highly proficient in Excel and experience working with fund accounting platforms
• Hands-on experience working with a third-party fund administrator
• Bachelor's Degree in Accounting or Finance; CPA preferred