Fund Controller - Insurance Based Strategies

Oliver James; New York (NY); Hybrid; USD 180,000 - 200,000; Full time

Benefits offered by this job

Hybrid working

Healthcare benefits

401k match

Job summary

Oliver James, in partnership with a global asset manager, seeks a Fund Controller in New York to lead financial reporting, NAV accuracy, and investor reporting across private markets and ILS platforms.

You will collaborate with senior management, portfolio managers, investor relations, fund administrators, and external service providers, handling regulatory reporting, audits, and capital forecasting. CPA with 8–12 years’ experience is required.

Qualifications

• 8-12 years of accounting and/or finance experience.
• Strong understanding of accounting, fund accounting and financial reporting.
• Experience in asset management, private markets, fund accounting, or financial services is desirable.

Responsibilities

• Lead financial reporting: monthly estimates, close packages, NAVs, allocations, waterfalls and fund returns.
• Partner with Fund Administrator on investor reporting: monthly statements, audits and due diligence requests.
• Support cash management forecasts and budgeting to establish capital for investment.
• Maintain expense registers and ledgers to support budgeting and forecasting.
• Oversee fund credit facilities and ensure compliance with agreements and portfolio assets.
• Analyze large asset portfolios: reconciliations, tests, quality and concentration ratios.
• Review management and performance fee calculations.
• Respond to investor queries on performance, NAVs, taxes and related matters.
• Support external audit and tax professionals through year-end processes.
• Assist with SEC and other regulatory compliance requirements.
• Support senior management, portfolio managers and Investor Relations with ad-hoc projects.

Skills

Analytical thinking

Attention to detail

Stakeholder management

Education

CPA qualification

Big 4 public accounting experience

Tools

Microsoft Excel

Job description

Oliver James have recently partnered with a highly successful global alternative asset manager who possess $600b AUM as they seek to hire a Fund Controller to join their rapidly growing Private Markets and Insurance-Linked Strategies platform.

The role, based in New York, will see the Fund Controller take responsibility for a broad range of accounting, financial reporting and operational activities across the ILS fund platform, including NAV and close processes, performance estimates, allocations, waterfalls, investor reporting, cash management, expense forecasting, credit facilities, management and performance fees, portfolio analysis, audits, tax reporting and investor queries.

Our client is ideally seeking an ambitious CPA qualified professional with 8-12 years of experience within asset management, private markets (ideally private credit), fund accounting or financial services. They are looking for someone with a strong understanding of fund accounting and financial reporting, who is highly analytical, detail-oriented and comfortable working independently across multiple stakeholders and workstreams.

This is an excellent opportunity to join a leading global investment manager and gain broad exposure across a growing Insurance-Linked Strategies platform, working closely with senior management, portfolio managers, investor relations, fund administrators and external service providers.

Responsibilities

• Take responsibility for the financial reporting process, including monthly performance estimates, close packages, NAVs, allocations, waterfalls and fund returns.
• Partner with the Fund Administrator on the preparation of investor reporting, including monthly investor statements, annual audits and due diligence requests.
• Support cash management forecasts and budgeting to establish capital available for investment.
• Maintain expense registers and ledgers to support expense budgeting, attribution and forecasting.
• Oversee and monitor fund credit facilities, ensuring compliance with relevant agreements and maintaining a strong understanding of the underlying portfolio assets.
• Perform detailed analysis across large asset portfolios, including data reconciliations and calculations of portfolio compliance tests, portfolio quality and concentration ratios.
• Review management fee and performance fee calculations.
• Respond to investor queries relating to fund performance, NAVs, taxes and other fund-related matters.
• Support external audit and tax professionals through year-end audit and tax reporting processes.
• Assist with SEC and other regulatory compliance requirements.
• Support senior management, portfolio managers and Investor Relations with ad-hoc projects and requests as required.

Requirements

• 8-12 years of accounting and/or finance experience.
• CPA qualification and Big 4 public accounting is a MUST.
• Strong understanding of accounting, fund accounting and financial reporting.
• Experience within asset management, private markets, fund accounting or broader financial services is highly desirable.
• Experience with credit-related products, including loan settlements and trade reconciliations, would be advantageous.
• Intermediate to advanced Microsoft Excel skills.
• Experience designing and implementing new policies and procedures.
• Experience with insurance-linked strategies is preferred.
• Competitive base salary up to $200,000 per annum.
• $45,000 discretionary bonus.
• Excellent hybrid working, healthcare benefits and market-leading 401k match.
• Opportunity to join a leading global alternative asset manager.
• Highly visible role with regular interaction with senior management, portfolio managers and Investor Relations.
• Strong potential for long-term career development within a global investment management platform.