Assistant Fund Controller - Hedge Fund

Selby Jennings; Fort Worth (TX); On-site; USD 120,000 - 165,000; Full time

Job summary

Selby Jennings is recruiting for an Assistant Fund Controller - Hedge Funds in the United States. The role oversees and mentors junior fund accounting staff, reviews complex fee and allocation calculations, and coordinates with auditors, tax advisors, and administrators to ensure accurate financial reporting.

The candidate will lead annual audits, prepare fund financial statements, and drive improvements across governance documents, controls, and systems while ensuring timely tax filings and

Qualifications

• Experience mentoring junior fund accounting professionals.
• Strong knowledge of fund accounting, investment valuations, and financial reporting under U.S. GAAP.
• Ability to review complex calculations and ensure accuracy across multiple vehicles.

Responsibilities

• Provide oversight and mentorship to junior fund accounting professionals.
• Review complex management fee, incentive fee, and allocation calculations across multiple investment vehicles.
• Act as a primary liaison with auditors, tax advisors, administrators, and other external service providers.
• Lead annual audit and financial reporting processes, including the preparation and review of fund financial statements.
• Coordinate tax reporting efforts with external tax providers to ensure timely filings.
• Partner with internal teams across operations, compliance, legal, and finance on strategic initiatives and process improvements.
• Monitor fund governing documents and ensure adherence to accounting and reporting requirements.
• Drive enhancements to accounting processes, controls, and systems to support growth.
• Oversee review of fund NAV packages, investment valuations, capital activity, and investor reporting with third-party administrators.
• Manage daily fund accounting operations, including general ledger activity, expense allocations, and shadow accounting.

Skills

Mentorship

Auditing liaison

Detail-oriented

Fast-paced environment

Education

Bachelor’s degree in Accounting/Finance

Advanced degree (MBA/CPA)

Job description

Assistant Fund Controller - Hedge Funds Job Summary:

• Provide oversight and mentorship to junior fund accounting professionals.
• Review complex management fee, incentive fee, and allocation calculations across multiple investment vehicles.
• Act as a primary liaison with auditors, tax advisors, administrators, and other external service providers.
• Lead annual audit and financial reporting processes, including the preparation and review of fund financial statements.
• Coordinate tax reporting efforts and work alongside external tax providers to ensure timely and accurate filings.
• Partner with internal teams across operations, compliance, legal, and finance on strategic initiatives and process improvements.
• Monitor fund governing documents and ensure adherence to accounting and reporting requirements.
• Drive enhancements to accounting processes, controls, and systems to support continued growth.
• Oversee the review of fund NAV packages, investment valuations, capital activity, and investor reporting while coordinating closely with third-party administrators.
• Manage daily fund accounting operations, including general ledger activity, expense allocations, and shadow accounting processes.

AssistantFund Controller - Hedge Fund Qualifications:

• Bachelor's degree in Accounting, Finance, or related field; advanced degree is a plus.
• 7+ years of progressive accounting experience, ideally combining public accounting and alternative investment fund experience.
• Strong knowledge of fund accounting, investment valuations, and financial reporting under U.S. GAAP.
• Experience reviewing work and providing guidance to junior team members.
• Background in hedge funds, private credit, private equity, or other alternative investment structures preferred.
• Highly organized, detail-oriented, and able to thrive in a fast-paced environment.