Fund Controller

Mission Staffing; New York (NY); On-site; USD 150,000 - 200,000; Full time

Job summary

A premier global investment platform is looking for a Fund Controller to lead fund accounting and financial reporting. This role directly supports senior leadership and involves responsibilities such as overseeing monthly NAV processes, ensuring regulatory compliance, and driving process improvements. Candidates need a Bachelor's degree, CPA certification, and 7-12+ years of experience in hedge fund accounting. A strong understanding of U.S. GAAP and portfolio accounting platforms like Arcesium is essential.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field; CPA required.
• 7–12+ years of hedge fund accounting or fund controller experience.
• Hands-on experience with Arcesium or similar portfolio accounting platforms strongly preferred.

Responsibilities

• Lead new product launches, including fund setup and operational design.
• Oversee the monthly NAV close process and financial reporting.
• Drive process improvement initiatives and ensure timely regulatory filings.

Skills

Hedge fund accounting expertise

Knowledge of U.S. GAAP

Strong analytical skills

Ability to work in a fast-paced environment

Education

Bachelor’s degree in Accounting, Finance, or related field

CPA certification

Tools

Arcesium

Portfolio accounting platforms

Job description

Summary

A premier global investment platform is seeking a Fund Controller, offering a high-impact opportunity to work closely with senior leadership and oversee complex fund accounting and financial operations across a multi-strategy platform.

Company Information

Thriving multi-billion dollar Quant Fund, approximately 250 employees, Firm Performance 2025: Up approximately 5-10%

Job Description

This is a high-impact, senior role within a rapidly scaling multi-manager platform. The Fund Controller will report directly to the CFO and serve as the primary owner of fund accounting, financial reporting, and administrator oversight across complex fund structures.

Responsibilities

• Lead new product launches, including fund setup, operational design, and accounting workflows for complex fund structures.
• Oversee the monthly NAV close process performed by third-party administrators, including valuation, fee, and expense review.
• Build and maintain a robust Shadow NAV process in Arcesium.
• Review and recalculate investor P&L allocations to ensure accuracy across all fund structures.
• Ensure proper reflection of pass-through expenses at the fund level.
• Ensure timely and accurate financial reporting across all investment vehicles.
• Drive process improvement initiatives as well as automation and control enhancements to support scalability.
• Lead the annual audit process and serve as primary point of contact for external auditors.
• Oversee preparation and review of audited financial statements.
• Ensure timely completion of regulatory filings, including Form PF, Form PQR, and other regulatory requirements.
• Own end-to-end P&L reporting and analysis for senior management and portfolio managers.
• Coordinate with administrators, external managers, and sub-advisors on accounting and valuation matters.
• Serve as escalation point for NAV breaks, valuation discrepancies, and complex accounting issues.
• Expand and evolve reporting capabilities, tooling, and controls as the platform scales.
• Oversee cash management activities including wires, margin management (including UMR), and capital activity.
• Liaise with prime brokers, custodians, administrators, and other third-party service providers.
• Respond to investor inquiries related to fund financials, performance, and capital activity.
• Partner with Investor Relations and administrators on subscription and redemption activity.
• Assist in the preparation and review of investor reporting packages.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field; CPA required.
• 7–12+ years of hedge fund accounting or fund controller experience
• Strong knowledge of U.S. GAAP, hedge fund structures, NAV processes, investor allocations, and fee mechanics.
• Experience working with fund administrators, prime brokers, auditors, and tax advisors.
• Hands‑on experience with Arcesium or similar portfolio accounting platforms strongly preferred.
• Champion best practices and continuous improvement, bringing a strong control mindset and a builder’s mentality to every process.
• Demonstrated ability to operate effectively in a fast‑paced, evolving, and at times ambiguous environment while remaining goal‑driven and focused on introducing structure, efficiencies, and a strong control framework.