Private Equity Fund Controller

Atlantic Group; New York (NY); On-site; USD 180,000 - 230,000; Full time

Job summary

A financial management firm in New York is seeking a Fund Accounting & Financial Reporting professional to oversee the preparation and review of financial statements for private equity funds. The successful candidate will manage investor reporting, lead audit processes, and ensure compliance with regulatory requirements. Candidates should have over 7 years of fund accounting experience within asset management. This role also involves mentoring team members and collaborating with various departments to support financial operations.

Qualifications

• 7+ years of fund accounting experience within asset management.
• Proven ability to manage financial reporting processes.
• Strong understanding of regulatory requirements in financial reporting.

Responsibilities

• Oversee preparation and review of financial statements for funds.
• Manage investor reporting and ensure compliance with fund agreements.
• Lead year-end audit processes and coordinate with external auditors.
• Lead the year-end audit and tax processes for all funds and entities, coordinating with external auditors and tax advisors.
• Coordinate with CCO for all SEC and other regulatory filings and compliance.
• Prepare quarterly and ad-hoc reporting to investors; participate in creation of new funds and fund offerings, and dissolution of entities.
• Prepare quarterly valuation schedules and coordinate/review valuations with investment teams for quarterly investment committee presentations.
• Review and analyze portfolio company data for the fund’s quarterly valuation reporting of the investment holdings.
• Prepare Management company financials on a monthly basis as well as all related schedules and workpapers.
• Develop and maintain strong internal controls, accounting policies, and procedures.
• Prepare and manage cash flow, capital calls and distribution processes.
• Oversee treasury, cash management, and banking relationships for fund and management companies.

Skills

Fund accounting experience

Financial statement preparation

Investor reporting

Audit management

Regulatory compliance

Job description

Overview

Fund Accounting & Financial Reporting/Management Company Accounting & Reporting

• Oversee the preparation and review of quarterly and annual financial statements for private equity funds, co-investment vehicles, and management company entities
• Manage capital account statements, allocations, waterfalls, and carried interest calculations and prepare schedules in coordination with fund administrator
• Ensure timely and accurate investor reporting in accordance with fund agreements and regulatory requirements
• Lead the year-end audit and tax processes for all funds and entities, coordinating with external auditors and tax advisors
• Coordinate with CCO for all SEC, and other regulatory filings and compliance
• Prepare quarterly and ad-hoc reporting to investors. Be part of creation of new funds and fund offerings, and dissolution of entities
• Prepare quarterly valuation schedules and coordinate/review those valuations with investment teams for quarterly investment committee presentations
• Review & analyze portfolio company data for the fund’s quarterly valuation reporting of the investment holdings
• Prepare Management company financials on a monthly basis as well as all related schedules and workpapers
• Develop and maintain strong internal controls, accounting policies, and procedures
• Prepare and manage cash flow, capital call and distribution processes
• Oversee treasury, cash management, and banking relationships for fund and management companies

Team Leadership & Cross-Functional Collaboration

• Lead and mentor finance team members and support investment team
• Partner with investment, legal, investor relations, and operations teams to support deal closings, valuations, and investor onboarding
• Support fundraising, compliance, and operational due diligence efforts

WHAT THEY WANT

• 7 + yrs fund accounting experience within asset management