ILS & Direct Investments Controller — Fund Accounting Lead

Neuberger; New York (NY); Hybrid; USD 110,000 - 150,000; Full time

Benefits offered by this job

Paid time off

Medical/dental/vision insurance

Retirement plan

Life insurance

Job summary

Neuberger Berman, a leading investment firm, is seeking a senior fund accounting and reporting professional to support ILS, direct investments, and hedge funds. You will handle monthly performance estimates, NAV calculations, and investor reporting in partnership with portfolio managers and investor relations.

The role requires extensive accounting experience, knowledge of fund structures, and the ability to work independently in a fast-paced environment.

Qualifications

• Bachelor's or higher degree in Accounting or Finance.
• Strong understanding of accounting theory and fund accounting and financial reporting.
• 8-10 years accounting/finance experience; CPA a plus.
• Experience with credit related products, including loan settlement and trade reconciliations is a plus.
• Exposure to direct investment and/or hedge fund accounting/reporting is a plus.
• Ability to act and operate independently with minimal daily direction from manager.
• Ability to work cooperatively and collaboratively with all levels of employees, management, and external agencies to maximize performance.

Responsibilities

• Responsible for financial reporting process, including monthly performance estimates, close packages/NAV, allocations, waterfalls and fund returns for ILS, direct investment, and hedge fund vehicles.
• Assist with the Fund Administrator in investor reporting including monthly statements, audits, and due diligence requests across ILS, direct, and hedge fund structures.
• Assist in cash management forecasts and budgets to establish capital available for investment.
• Maintain expense register and ledger for budgeting, attribution, and forecasting.
• Oversight of fund credit facilities and compliance with agreements.

Skills

Fund accounting

Financial reporting

NAV calculations

Audit support

Investor communications

Education

Bachelor's degree in Accounting or Finance

Tools

Excel

ERP systems

Job description

Neuberger Berman, a leading investment firm, is seeking a senior fund accounting and reporting professional to support ILS, direct investments, and hedge funds. You will handle monthly performance estimates, NAV calculations, and investor reporting in partnership with portfolio managers and investor relations.

The role requires extensive accounting experience, knowledge of fund structures, and the ability to work independently in a fast-paced environment.