Assistant Fund Controller | Boston MA | Private Equity

Daley And Associates, LLC; Boston (MA); Hybrid; USD 140,000 - 160,000; Full time

Benefits offered by this job

Hybrid work model

Strong benefits

Job summary

Daley And Associates, LLC in Boston seeks an Assistant FundController to oversee fund accounting and financial reporting for private equity funds, co-investments, and continuation funds. You will manage quarterly closes, investor reporting, and audits, partnering with external administrators and driving automation to improve efficiency.

This full-time hybrid role offers a base salary of 140–160k USD, a 25% bonus, and strong benefits.

Qualifications

• Bachelor’s degree in Accounting; CPA strongly preferred.
• 6-10 years of experience in private equity, partnership accounting, or financial services.
• Strong knowledge of GAAP and partnership accounting.
• Experience with fund accounting systems and financial reporting platforms.
• Exposure to automation tools and data analytics for workflow optimization.

Responsibilities

• Manage accounting and reporting for private equity funds, co-investment vehicles, and continuation funds, including annual partnership audit process.
• Partner with and oversee third-party fund administrators on GL maintenance, journal entries, closings, reconciliations, schedules, and trial balances.
• Prepare and review quarterly and annual financial statements and supporting schedules, including partner capital balances.
• Manage capital calls, distributions, reserves, and related investor reporting.
• Ensure compliance with partnership agreements, GAAP, and accounting policies.
• Support treasury operations for investment transactions, including purchases, sales, and restructurings.
• Assist with tax reporting deliverables and collaborate with internal tax teams.
• Support regulatory compliance activities including SEC reporting and documentation.
• Maintain strong internal controls and documentation for accounting processes.
• Respond to investor inquiries and internal stakeholder requests.
• Identify opportunities to automate accounting and reporting processes using modern tools and AI technologies.
• Promote a technology-forward culture within the finance team through training and process improvements.
• Identify opportunities to streamline workflows and improve operational efficiency.
• Collaborate across finance, legal, tax, and investment teams to improve cross-functional processes.

Skills

Advanced Excel

Financial modeling

GAAP knowledge

Interpersonal skills

Cross-functional collaboration

Analytical thinking

Problem-solving

Oral & written communication

Education

Bachelor’s degree in Accounting

CPA strongly preferred

Tools

Fund accounting systems

Financial reporting platforms

Automation tools

Data analytics platforms

AI reporting tools

Job description

Assistant FundController | Boston, MA | Private Equity

Our team is working with a leading Private Equity fund based in Boston looking to hire an Assistant Controller to their growing team. The Assistant Controller will oversee fund accounting and financial reporting for private equity funds, co-investment vehicles, and continuation funds, managing quarterly close processes, financial statements, capital activity, and annual audits while ensuring compliance with GAAP and partnership agreements. Responsibilities include overseeing third-party fund administrators, supporting treasury and investment transactions, coordinating tax and regulatory reporting, and maintaining strong internal controls across fund operations. The position partners closely with finance, legal, tax, investment, and investor relations teams to support investor reporting, respond to stakeholder requests, and ensure operational excellence. Additionally, the role drives process improvements, automation, and the adoption of modern technologies to enhance efficiency, scalability, and the overall effectiveness of the finance function.

This role is a full-time hybrid (3 days in, 2 at home) position that will offer between $140-160K base, 25% bonus, & strong benefits.

Responsibilities:

• Manage accounting and reporting for private equity funds, co-investment vehicles, and continuation funds, including the annual partnership audit process.

• Partner with and oversee third-party fund administrators on the maintenance of the general ledger, journal entries, quarterly closings, bank reconciliations, supporting schedules, and trial balances.

• Prepare and review quarterly and annual financial statements and supporting schedules, including partner capital account balances.

• Manage capital calls, distributions, reserves, and related investor reporting.

• Ensure compliance with partnership agreements, accounting policies, and GAAP standards.

• Support treasury operations for investment transactions, including purchases, sales, and restructurings.

• Assist with tax reporting deliverables and collaborate with internal tax teams.

• Support regulatory compliance activities including SEC reporting and documentation.

• Maintain strong internal controls and documentation for accounting processes.

• Respond to investor inquiries and internal stakeholder requests.

• Identify opportunities to automate accounting and reporting processes using modern tools and AI technologies.

• Promote a technology-forward culture within the finance team through training and process improvements.

• Identify opportunities to streamline workflows and improve operational efficiency.

• Collaborate across finance, legal, tax, and investment teams to improve cross-functional processes.

Qualifications:

• Bachelor’s degree in Accounting; CPA strongly preferred

• 6-10 years of experience in private equity, partnership accounting, or financial services.

• Strong knowledge of GAAP and partnership accounting.

• Experience working with external auditors, administrators, and investment teams.

• Experience with fund accounting systems and financial reporting platforms.

• Familiarity with automation tools, data analytics platforms, and workflow optimization

• Exposure to AI tools for financial analysis, data processing, or reporting automation preferred.

• Strong analytical and problem-solving abilities

• Strong communication and interpersonal skills

• Collaborative approach to cross-functional work

• Advanced Excel and financial modeling capabilities.