Fund Controller – CLOs

Oliver James Associates Ltd.; New York (NY); Hybrid; USD 120,000 - 200,000; Full time

Benefits offered by this job

Hybrid working schedule

Excellent healthcare benefits

Strong 401k match

Clear progression path

Job summary

Oliver James Associates Ltd. is partnering with a global asset manager to hire a Controller for the Private Credit finance team in Manhattan.

You will oversee accounting and financial reporting for the CLO platform, manage close processes, NAVs, waterfalls, and investor reporting, while supporting audits and regulatory compliance. The role requires a CPA with 8–12 years of experience in fund accounting and financial reporting, with CLOs experience a plus.

Qualifications

• CPA required with 8–12 years of accounting/finance experience.
• Strong fund accounting and financial reporting knowledge.
• Credit-related products experience (CLOs) a plus.
• Experience designing and implementing new policies and procedures.
• Excellent communication and interpersonal skills with a customer service focus.

Responsibilities

• Serve on the finance team responsible for accounting and financial reporting oversight for the firm's CLO business.
• Own the financial reporting process, including monthly estimates, close packages/NAV, allocations, waterfalls and fund returns.
• Oversee the Fund Administrator responsible for investor reporting, quarterly statements, audits, due diligence requests, capital calls and distributions.
• Assist in cash management forecasts and budgets, including debt facility oversight to maintain capital for investment.
• Oversee compliance of fund credit facilities and interpret agreements with knowledge of the asset portfolio.
• Perform data analysis on large asset portfolios, including reconciliation and portfolio compliance testing.

Skills

Fund accounting

Financial reporting

CLOs experience

Policy design

Communication

Interpersonal skills

Education

CPA

Tools

Excel

Job description

Oliver James have recently partnered with a global alternative asset manager who possess $600b AUM as they seek to hire a Controller to join their Private Credit finance team, supporting their rapidly growing CLO business. The role, based in Manhattan, will see this individual bear day-to-day responsibility for the finance and accounting work streams across the firm's CLO platform, sitting within a private credit business with a complex, fast-growing fund structure spanning fund of funds, secondary, co-investment and direct investment strategies.

Responsibilities

• Serve as a member of the finance team responsible for accounting and financial reporting oversight for the firm's CLO business.
• Own the financial reporting process, including monthly performance estimates, close packages/NAV, allocations, waterfalls and fund returns.
• Oversee the Fund Administrator responsible for investor reporting, including quarterly investor statements, annual audits, due diligence requests, capital calls and distributions.
• Assist in cash management forecasts and budgets, alongside debt facility oversight, to establish capital available for investment.
• Oversee compliance of fund credit facilities, accurately interpreting agreements while maintaining thorough knowledge of the underlying asset portfolio.
• Perform data analysis on large asset portfolios, including data reconciliation and calculation of portfolio compliance tests such as portfolio quality and concentration ratios.
• Review performance fee calculations and respond to investor queries around fund performance, NAVs, taxes and other areas.
• Support audit and tax professionals during year-end audit and tax reporting, and assist with SEC or other regulatory compliance as required.

Requirements

• 8-12 years of accounting/finance experience; CPA required.
• Strong understanding of fund accounting and financial reporting.
• Experience with credit-related products (specifically CLOs), including position reconciliations, is a plus.
• Experience designing and implementing new policies and procedures.
• Excellent communication and interpersonal skills with a customer service focus.

Benefits

• Competitive base salary worth up to $200,000
• $50,000 discretionary bonus
• Hybrid working schedule
• Excellent healthcare benefits
• Strong 401k match
• A clear route for progression
• Much more!