Fund Controller

Career Launch AI; New York (NY); On-site; USD 140,000 - 185,000; Full time

Job summary

Career Launch AI seeks a Fund Controller to oversee day-to-day accounting and reporting for multiple investment funds, ensuring GAAP compliance and timely investor communications.

Responsibilities include capital calls, distributions, audits, and reconciliations, with collaboration across portfolio managers, CFOs, and auditors. Strong foundation in fund structures and Excel is required.

Qualifications

• Bachelor’s degree in Accounting/Finance/Economics or related field.
• CPA or CMA preferred.

Responsibilities

• Oversee day-to-day fund accounting and financial reporting for multiple investment funds.
• Prepare and review monthly, quarterly, and annual financial statements in accordance with GAAP.
• Ensure compliance with fund governing documents, investor agreements, and regulatory standards.
• Manage capital calls, distributions, and fund cash flows.
• Coordinate annual audits and liaise with external auditors.
• Maintain accurate fund records, trial balances, and reconciliations.
• Assist with budgeting, forecasting, and performance analysis for funds.
• Implement process improvements to enhance efficiency and accuracy in fund accounting.
• Prepare reports and deliverables for internal leadership, investors, and governing boards.

Skills

Fund accounting

Financial reporting

Investor reporting

GAAP knowledge

Audit coordination

Education

Bachelor’s degree in Accounting/Finance/Economics

CPA or CMA preferred

Tools

Investran

eFront

Geneva

Job description

Fund Controller – Career Launch AI Talent Network

Location: New York, NY

Estimated Compensation:
$140,000 – $185,000 total annual compensation (varies by employer)

About This Posting

This job description represents a sample Fund Controller position commonly found through the Career Launch AI Talent Network. It is intended to help job seekers understand the responsibilities and qualifications typically associated with fund accounting, financial reporting, and investor fund operations.

Actual openings may vary based on employer needs, fund structure (e.g., private equity, hedge fund, venture capital), and reporting requirements.

Position Overview

The Fund Controller is responsible for overseeing the financial management and reporting of investment funds. This role ensures accurate accounting, compliance with regulatory requirements, and timely reporting to internal teams and investors.

Fund Controllers collaborate closely with portfolio managers, CFOs, operations teams, and auditors to maintain financial integrity and operational efficiency.

Key Responsibilities

• Oversee day-to-day fund accounting and financial reporting for multiple investment funds
• Prepare and review monthly, quarterly, and annual financial statements in accordance with GAAP
• Ensure compliance with fund governing documents, investor agreements, and regulatory standards
• Manage capital calls, distributions, and fund cash flows
• Coordinate annual audits and liaise with external auditors
• Maintain accurate fund records, trial balances, and reconciliations
• Assist with budgeting, forecasting, and performance analysis for funds
• Implement process improvements to enhance efficiency and accuracy in fund accounting
• Prepare reports and deliverables for internal leadership, investors, and governing boards

Preferred Qualifications

• Bachelor’s degree in Accounting, Finance, Economics, or a related field; CPA or CMA preferred
• Strong experience in fund accounting, financial reporting, and investor reporting
• Knowledge of private equity, hedge fund, or venture capital fund structures preferred
• Advanced Excel skills; familiarity with accounting systems (e.g., Investran, eFront, Geneva)
• Strong analytical, organizational, and problem-solving skills
• Ability to manage multiple funds and deadlines in a fast-paced environment
• Clear written and verbal communication skills and ability to interact with senior management and investors