Fund Controller

Atlas Search; New York (NY); On-site; USD 150,000 - 230,000; Full time

Job summary

Atlas Search is seeking a highly technical Fund Controller to lead the accounting for private investment funds in a dynamic, growth‑oriented environment. You will interact with senior leadership and participate in new fund launches, overseeing NAVs, P&L reconciliations, and complex fund structures.

The ideal candidate has 10–15 years of private fund accounting, CPA preferred, and a strong background in U.S. GAAP and fund reporting.

Qualifications

• 10–15 years of private fund accounting experience.
• Experience with private fund structures and fund administration.
• Strong accounting, analytical and problem-solving skills.

Responsibilities

• Oversee accounting and financial reporting for multiple private investment funds and related entities.
• Review fund NAV calculations, P/L reconciliations, allocations, and investor capital activity.
• Oversee management fees, incentive fees, carried interest, and other fund-level calculations.
• Manage capital calls, distributions, investor allocations, and capital account reporting.
• Review quarterly and annual financial statements under U.S. GAAP.
• Coordinate with external auditors and third‑party fund administrators.
• Mentor junior accounting staff and develop reporting infrastructure.
• Participate in new fund launches and strategic initiatives.

Skills

Private fund accounting

Education

CPA

Job description

A growing alternative investment firm is looking for a highly technical Fund Controller-level professional to join its expanding finance team. This is a hands‑on opportunity for someone who wants meaningful exposure to complex private investment structures, senior leadership, and new fund launches rather than being one of many people in a large, highly segmented organization.

The ideal candidate will have 10–15 years of private fund accounting experience, a CPA, strong academics, and experience working with complex fund structures. Private credit experience is a major plus, although candidates coming from sophisticated private equity environments with complex funds will also be considered.

This is a highly visible position with significant opportunity for growth. The successful candidate will help lead a team that is expected to expand and will have regular interaction with senior finance and investment leadership.

Key Responsibilities

• Oversee the accounting and financial reporting process for multiple private investment funds and related entities.
• Review and oversee fund NAV calculations, P&L reconciliations, allocations, and investor capital activity.
• Review management fees, incentive fees, carried interest, and other fund-level calculations.
• Oversee capital calls, distributions, investor allocations, and capital account reporting.
• Review quarterly and annual financial statements under U.S. GAAP.
• Coordinate with external auditors and third-party fund administrators.
• Review complex fund structures and identify accounting and reporting issues.
• Prepare and review fund forecasts, performance reporting, and management reporting.
• Support regulatory, investor, and firm‑level reporting requirements.
• Review expense allocations, operating budgets, and vendor payments.
• Work closely with Operations, Tax, Investor Relations, Legal, and senior management.
• Help develop and improve accounting processes, controls, workflows, and reporting infrastructure.
• Participate in new fund launches and other strategic initiatives.
• Serve as a technical resource and help mentor and develop junior members of the accounting team.
• Take ownership of special projects and workstreams as the platform continues to grow.

Ideal Background

• 10–15 years of relevant experience in private fund accounting, fund administration, public accounting, or a combination.
• Experience at the Manager, Assistant Controller, Controller, or similar level.
• CPA strongly preferred.
• Strong academic background; high undergraduate GPA preferred.
• Extensive experience with complex private fund structures.
• Private credit / credit fund experience strongly preferred, but sophisticated private equity fund experience will also be considered.
• Strong understanding of U.S. GAAP and private investment fund accounting.
• Experience managing or mentoring accounting professionals.
• Excellent technical accounting, analytical, and problem‑solving skills.
• Advanced Excel skills.
• Experience working with third‑party fund administrators.
• High attention to detail with the ability to identify and resolve complex issues.
• Comfortable operating in a fast‑paced, entrepreneurial environment.