Fund Controller

Connect Search, LLC; Chicago (IL); Hybrid; USD 200,000 - 250,000; Full time

Benefits offered by this job

Annual incentive

Health insurance

Dental insurance

Vision insurance

401(k) retirement plan

Health savings accounts

Disability insurance

Voluntary critical and accident insurance

Pre-tax parking

Pre-tax transportation programs

Job summary

Connect Search, LLC is seeking a seasoned professional for a hybrid role in Chicago, IL. This full-time position involves overseeing the finance team for daily-priced registered funds and ensuring compliance with regulatory obligations.

The ideal candidate will have over 10 years of experience in a private equity environment and be adept at managing relationships with various financial service providers. A compelling benefits package and a base salary of $200,000 - $250,000 plus a 35% bonus are offered.

Qualifications

• 10+ years of experience within private equity / alternative fund environment.

Responsibilities

• Development of the US Finance team and establishing the target operating model for daily-priced registered funds.
• Manage relationships with fund administrator, transfer agent, custodian, and auditors.
• Partner with Data Intelligence & Analytics and Technology to mature the daily NAV platform.
• Oversee the end-to-end daily NAV production cycle.

Job description

Location: Chicago, IL (Hybrid)

Type: Full-Time, Permanent/Direct Hire

Pay Range: $200,000 - $250,000 base salary plus 35% bonus

Benefits: Annual incentive and a benefits package to all full-time employees including medical, dental, vision, life insurance, 401(k) retirement plan, health savings accounts, short and long-term disability insurance, voluntary critical and accident insurance, and pre-tax parking and transportation programs.

Company: Private Equity Firm - Over 55 Billion in AUM

Key Responsibilities

• Development of the US Finance team, establishing the target operating model for the daily-priced registered funds and embedding the controls.
• Support Finance workstream for the setup of fund administration, transfer agency and custody to move from a monthly to daily environment.
• Manage the relationships with the fund administrator, transfer agent, custodian, valuation agent and auditors — setting expectations, monitoring KPIs / SLAs and holding providers to account for performance.
• Partner with Data Intelligence & Analytics, Technology and Change to mature the daily NAV platform (eFront, Databricks, Appian, Canoe and related tooling), driving automation, resilience and control.
• Help shape valuation policy and methodology for the Equity and Credit funds with the Valuation Committee.
• Support and influence launch of new fund launches in the US.
• Oversee the end-to-end daily NAV production cycle.
• Drive execution of the US team’s role in the daily cycle: T0 cashflow monitoring, administrator submission, FX lockdown and final NAV consistency, acting as failsafe for reconciliation and sign-off where required.
• Oversee the internal valuation process and Valuation Committee interaction, ensuring portfolio NAV is accurate, material adjustments are appropriately reviewed, and any fundamental changes are approved and documented.
• Ensure regulatory and Board reporting obligations are met in full and on time.

Key Qualifications

• 10+ years of experience within private equity / alternative fund environment