Controller (Specialty Finance)

Vaco; New York (NY); On-site; USD 160,000 - 185,000; Full time

Job summary

A leading investment management firm is seeking a Controller specializing in finance to oversee accounting and financial reporting for their Private Credit business. The role involves data analysis, compliance oversight, and collaboration with various teams. Candidates should have a strong background in accounting or finance, with significant experience in the field.

Qualifications

• 10 - 12 years accounting/finance experience; CPA a plus.
• Experience with credit related products is a plus.

Responsibilities

• Responsible for accounting and financial reporting oversight for Private Credit business.
• Perform data analysis on large asset portfolios.
• Assist with SEC or other regulatory compliance.

Skills

Accounting theory

Financial reporting

Data analysis

Education

Bachelor's degree in Accounting or Finance

Job description

Client: Investment Management Firm
Role: Controller - Specialty Finance
Salary: $160,000 - $185,000 + Bonus & Benefits

Location: Midtown, Manhattan (3 days a week onsite)

Responsibilities:

• Member of the finance team responsible for the accounting and financial reporting oversight for our Private Credit business

• Oversight and compliance of fund credit facilities by accurately comprehending and interpreting the agreement, while maintaining a thorough knowledge of the assets in the portfolio

• Perform data analysis on large asset portfolios including data reconciliation and calculation of portfolio compliance tests such as portfolio quality and concentration ratios

• Oversight of the Fund Administrator responsible for the preparation of the quarterly financial statements, capital account statements, capital calls and distribution notices

• Review and analyze distribution waterfalls based on fund legal documents

• Review partnership and fund IRRs on a quarterly basis and prepare ad hoc calculations

• Review management fee calculations

• Assist audit and tax professionals in year end audit and tax reporting

• Prepare detailed cash projections for fund liquidity reporting

• Assist marketing in preparation of LP specific reporting and responses to prospective client RFP

• Work with investor relations answer LP questions

• Various ad-hoc requests from senior management and portfolio managers

• Assist with SEC or other regulatory compliance as required

Qualifications:

• Bachelor's or higher degree in Accounting or Finance

• Strong understanding of accounting theory and fund accounting and financial reporting

• 10 - 12 years accounting/finance experience; CPA a plus, but not required

• Experience with credit related products, including loan settlement and trade reconciliations is a plus

Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco by Highspring is an Equal Opportunity Employer 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 federal, state or local law.

Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact [e-mail] .

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

By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco by Highspring and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco by Highspring") respects your privacy and are committed to providing transparent notice of our policies.

• California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
• Virginia residents may access our state specific policies here.
• Residents of all other states may access our policies here.
• Canadian residents may access our policies in English here and in French here.
• Residents of countries governed by GDPR may access our policies here.

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;
• 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.