Fund Controller

Atlas Search; San Francisco (CA); On-site; USD 150,000 - 210,000; Full time

Job summary

Atlas Search, a fast-growing hedge fund, is bringing fund accounting in-house to enhance transparency and control. The Hedge Fund Controller will design, build, and lead internal accounting and reporting, and work closely with the CFO and partners to scale operations.

The role covers NAV calculations, P&L attribution, portfolio valuation, audits, investor reporting, and system optimization, with significant growth opportunities as the fund expands.

Qualifications

• Bachelor’s degree in Accounting or Finance or equivalent.
• CPA/CA strongly preferred.
• 7+ years hedge fund accounting experience.

Responsibilities

• Lead transition of fund accounting from external administrator to in-house systems.
• Oversee full cycle accounting: month-end, year-end close, management and performance reporting.
• Own NAV calculations, P&L attribution, portfolio valuations, management fees, incentives, and investor allocations.
• Coordinate and review fund audits and financial statement preparation; liaise with auditors and service providers.
• Develop and maintain internal controls, policies, and best practices.
• Partner with investor relations, operations, and compliance for reporting and regulatory filings.
• Implement and optimize accounting systems to support scalable growth.
• Provide insights to senior leadership and support strategic initiatives.
• Assist with fund launches and new strategies as the business grows.

Skills

Fund accounting

NAV/P&L calculations

GAAP knowledge

Excel proficiency

Investran

Advent Geneva

Eze

Independent worker

Education

Bachelor’s degree in Accounting or Finance

CPA or CA

Tools

Investran

Advent Geneva

Eze

Excel

Job description

My client is a fast-growing hedge fund led by industry veterans with a track record of excellence and innovation. As the fund scales and the investor base expands, we are bringing the fund accounting function in-house from our third-party administrator to enhance transparency, accuracy, and operational control. Join an elite team and work closely with top minds shaping the alternative asset landscape.

Position Summary:

As the Hedge Fund Controller, you will be the first in-house fund accounting professional, responsible for designing, building, and leading all internal accounting and reporting processes. This pivotal role works closely with the CFO and partners, offering significant exposure to influential leaders and exciting opportunities for growth as the fund expands.

Key Responsibilities:

• Lead the transition of fund accounting and reporting processes from the external administrator to in-house systems and procedures.
• Oversee the full cycle of accounting operations for the fund(s), including month-end and year-end close, management, and performance reporting.
• Own NAV calculations, P&L attribution, valuation of portfolio investments (public and private), management fees, incentive allocations, and investor allocations.
• Coordinate and review fund audits and financial statement preparation, serving as the primary liaison with auditors, fund administrators (during transition), and key service providers.
• Develop and maintain internal controls, accounting policies, and operational best practices.
• Partner with investor relations, operations, and compliance teams to support investor reporting, regulatory filings, and due diligence requests.
• Implement and optimize accounting systems and technology to support scalable growth.
• Provide insight and analysis to senior leadership and contribute to strategic business initiatives.
• Support fund launches, new strategies, and complex transactions as the business evolves.

Qualifications:

• Bachelor’s degree in Accounting or Finance; CPA, CA, or equivalent strongly preferred.
• 7+ years of experience in hedge fund accounting, either with a hedge fund manager, fund administrator, or relevant public accounting firm.
• Deep understanding of fund structures, NAV/P&L calculations, valuation, fee/incentive accounting, and relevant industry regulations.
• Demonstrated experience in building or transitioning fund operations in-house is a plus.
• Proficient in Excel and fund accounting systems (e.g., Investran, Advent Geneva, Eze, etc.).
• Excellent project management skills and the ability to operate independently in a high-ownership role.
• Superior communication and relationship-building skills, with a team-oriented and hands-on approach.
• High standards of integrity, accuracy, and professional judgment.