Fund Controller: Private Equity, Real Estate and Infrastructure Chicago, Illinois, United States

GCM Grosvenor Inc.; Chicago (IL); On-site; USD 90,000 - 150,000; Full time

Job summary

A forward-thinking company is seeking a Fund Controller to oversee fund accounting and analysis for private equity, real estate, and infrastructure investments. This role involves managing a team, collaborating on cross-functional initiatives, and ensuring high-quality client experiences. The ideal candidate will have extensive experience in financial services, particularly in alternative asset management, and a strong background in accounting. Join a dynamic team focused on excellence and innovation in a collaborative environment, where your contributions will significantly impact the firm's operations and client relationships.

Benefits

Comprehensive benefits package

Health and wellness programs

Retirement planning

Diversity and inclusion initiatives

Qualifications

• 10+ years of experience in financial services or top-tier accounting firm.
• Strong knowledge of partnership accounting and financial reporting.

Responsibilities

• Oversee fund accounting and analysis functions for investment partnerships.
• Manage the team and oversee third-party administrators.
• Collaborate on cross-functional initiatives to improve operations.

Skills

Fund Accounting

Financial Analysis

Team Management

Communication Skills

Attention to Detail

Problem Solving

Time Management

Education

BA/BS in Accounting/Finance

CPA preferred

Tools

Investran

Job description

Fund Controller: Private Equity, Real Estate and Infrastructure

SUMMARY

As a member of our Private Equity, Real Estate, and Infrastructure Fund Finance team, you will primarily oversee fund accounting and analysis functions for investment partnerships and accounts managed by the Firm.

Your responsibilities may also include managing the team and overseeing third-party administrators and outsourced resources. Additionally, you will play a key role in the continuous improvement of our operations and collaborate on cross-functional initiatives within the Firm.

As an onsite/hybrid employee, you are expected to be in the office on Tuesdays, Wednesdays and Thursday.

RESPONSIBILITIES

• Perform the day-to-day accounting for private equity funds and related investment vehicles.
• Review quarterly and annual NAV and financial statement packages, including investor reporting.
• Manage recurring client deliverables, including standard ILPA and additional client-requested reporting.
• Manage, monitor, and provide guidance to the outsourced accounting provider(s).
• Review governing documents and interpret reporting requirements and partner economics.
• Calculate and review quarterly management fee and carried interest waterfall calculations.
• Implement and oversee accounting process changes.
• Participate in technology innovation and implementations to improve operations.
• Manage the funds’ cash balances to determine the need for capital calls, distributions.
• Review capital call and distributions notices to investors.
• Collaborate with other teams throughout the firm, including tax, legal, treasury, client services, portfolio management, to drive high-quality experience for clients.
• Support investment and client relationship personnel on ad-hoc requests.
• Assist in preparation of financial statement audits and regulatory compliance reporting for the various partnerships and companies.
• General accounting responsibilities.
• Lead special projects as requested.

EDUCATION, SKILLS AND EXPERIENCE REQUIREMENTS

• BA/BS in Accounting/Finance with outstanding academic credentials; applicable coursework or internship in the field of investments or financial markets.
• 10+ years of experience working for a financial services firm or top tier accounting firm.
• CPA preferred.
• Background in the financial services industry required; knowledge of the alternative asset management industry a plus.
• Accounting experience in managing private equity, hedge funds or similar types of alternative products is preferred, but not required.
• Knowledge of partnership accounting as well as exposure to financial reporting, auditing, and tax. Private equity experiences is preferred, but not required.
• Experience with internal control compliance (SOX 404) a plus.
• Demonstrated team player, self-starter, and independent thinker with the ability to exercise excellent judgment.
• Proven ability to work in a fast-paced environment with a high level of flexibility, accuracy, and attention to detail.
• Ability to balance multiple concurrent tasks and effectively manage deadlines.
• Excellent written and verbal communication skills.
• Knowledge of Investran system is preferred, but not required.

In terms of cultural fit, the successful candidate will be self-motivated and energized by working amongst a group of thoughtful, smart and successful colleagues. He or she will enjoy being part of an organization focused on excellence and will be a naturally collaborative person who enjoys interacting with individuals at all levels. Additionally, he or she will be a strong team player with a proactive approach and the ability to exercise discretion and judgment.

ABOUT THE FIRM

GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $80 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies.

The firm has specialized in alternatives for more than 53 years and has a diverse, engaged team of approximately 550 professionals serving a global client base. We are proud to offer our employees a comprehensive benefits package focused on health and wellness, retirement planning, and diversity and inclusion. The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul, and Sydney. For more information, visit:gcmgrosvenor.com .

EQUAL OPPORTUNITY EMPLOYER M/F/D/V