Private Equity Fund Controller

Korn Ferry; Newport Beach (CA); Hybrid; USD 124,000 - 193,000; Full time

Job summary

Korn Ferry seeks private equity fund accounting professionals to support offshore and domestic funds, focusing on client service, fund accounting, leadership, and regulatory compliance.

This is a W2 hourly interim opportunity requiring four days onsite in Newport Beach, CA, or New York, NY, and involves NAV preparation, audits, AML controls, and coordination with service providers.

Qualifications

• Bachelor's degree in accounting/finance or equivalent professional experience.
• Public Accounting experience.
• Experience in fund services with hedge funds or private equity is preferred.

Responsibilities

• Serve as primary point of contact for alternative fund clients and guidance on accounting and administration.
• Oversee daily operations for hedge and private equity funds, including onboarding of new structures.
• Coordinate year-end audits and ensure GAAP compliance.

Skills

Fund accounting

GAAP accounting

Hedge funds

Private equity funds

Client service

Education

Bachelor's degree in accounting/finance or equivalent

Job description

Our client is seeking private equity fund accounting professionals with experience supporting offshore and domestic alternative investment funds and playing a key role in client service, fund accounting/controllership, team leadership, and regulatory compliance.

This is a W2 hourly interim opportunity and will require four days onsite in Newport Beach, CA, or New York, NY (near Times Square).

Key Responsibilities

• Serve as a primary point of contact for alternative fund clients, providing expert guidance on fund accounting and administration.
• Oversee daily operations for hedge funds and private equity funds, including onboarding of new fund structures.
• Act as record keeper for assigned funds and coordinate year‑end audit engagements in accordance with GAAP.
• Perform and oversee due diligence to ensure compliance with applicable laws and regulations.
• Apply and enforce Anti‑Money Laundering (AML) policies and procedures related to fund transactions.
• Prepare, reconcile, review, and approve accounting and reporting deliverables, including NAVs and month‑end valuation reports. Experience with waterfall schedule creation and review.
• Ensure timely, accurate delivery of accounting packages with a strong focus on quality and controls.
• Respond to client inquiries related to fund transactions, reporting, and administration.
• Coordinate with internal teams, investment managers, transfer agents, and external service providers to resolve issues.
• Support wire activity and transaction oversight, including approvals based on level and experience.
• Lead, train, review, and mentor accounting staff; oversee work quality and development.
• Participate in or lead performance reviews, one‑on‑ones, career development, and training initiatives.
• Assist with or oversee staffing needs, including interviewing and onboarding.
• Support business development and relationship teams with client calls, meetings, and presentations as needed.
• Identify opportunities for process improvement and participate in professional development initiatives.

Position Requirements

• Bachelor's degree in Business, Accounting, Finance, Economics, Mathematics, or equivalent professional experience.
• Public Accounting experience.
• Experience within the fund services industry, preferably supporting hedge funds and/or private equity funds.
• Prior experience reviewing fund accounting work and supporting client deliverables.
• Supervisory or leadership experience preferred; level of responsibility will align with experience.
• Ability to work with sensitive and confidential financial information.
• Strong interpersonal and communication skills, with the ability to clearly explain complex valuation topics to senior leadership and regulators.
• Proven ability to lead teams, influence senior stakeholders, and operate with confidence and credibility.
• Comfortable working in a fast‑paced, high‑expectation environment.
• Collaborative mindset with experience working across functions and geographies.

Location & Pay

Newport Beach, CA or New York, NY.

Pay Rate: $90/hr - $140/hr (W2).