Fund Controller

Connect Search, LLC; New York (NY); Hybrid; USD 235,000 - 250,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

401(k) retirement plan

Health savings accounts (HSA)

Short/long-term disability insurance

Voluntary critical illness insurance

Parking program

Job summary

Private Equity Firm - Over 389 Billion in AUM in New York is seeking a senior Finance leader to oversee the daily NAV process, vendor relationships, and controls for US-priced funds in a hybrid, full-time role.

You will partner with Data Intelligence, Analytics, Technology and Change to mature the NAV platform, shaping valuation policy and supporting new fund launches while ensuring regulatory and Board reporting requirements.

Qualifications

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

Responsibilities

• Develop the US Finance team and target operating model for daily-priced funds.
• Support setup of fund administration, transfer agency and custody to move from monthly to daily environment.
• Manage relationships with fund administrator, transfer agent, custodian, valuation agent and auditors; monitor KPIs/SLAs.
• Partner with Data Intelligence & Analytics, Technology and Change to mature the daily NAV platform; drive automation and control.
• Shape valuation policy and methodology for Equity and Credit funds with the Valuation Committee.
• Support and influence launch of new US fund launches.
• Oversee end-to-end daily NAV production cycle.
• Drive the US team's role in daily cycle: cashflow monitoring, submissions, FX lockdown and final NAV sign-off.
• Oversee internal valuation process and Valuation Committee interaction; ensure NAV accuracy and approvals.
• Ensure regulatory and Board reporting obligations are met on time.

Education

10+ years in private equity / alternative fund environment

Job description

Location: New York, NY (Hybrid)

Type: Full-Time, Permanent/Direct Hire

Pay Range: $235,000 - $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 389 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