Senior Fund Controller - ILS & Hedge Funds

LGBT Great Careers; New York (NY); Hybrid; USD 160,000 - 190,000; Full time

Job summary

Neuberger Berman is seeking an experienced Fund Controller to support the ILS fund complex, direct investments, and hedge funds. You will work with portfolio managers and investor relations to ensure accurate monthly estimates, NAVs, allocations, and fund returns.

You will oversee investor reporting, cash forecasting, and expense oversight, while coordinating with audit and tax professionals for year-end processes. Hybrid work arrangement in New York available.

Qualifications

• Bachelor's or higher degree in Accounting or Finance.
• Strong understanding of accounting theory and fund accounting and financial reporting.
• 5–8 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.

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 investor reporting process including Monthly investor 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 across the ILS, direct investment, and hedge fund portfolios.
• Maintain expense register and ledger for expense budgeting, attribution, and forecasting.
• Oversight of fund credit facilities and ensuring compliance with agreements and portfolio assets.
• Perform data analysis on large asset portfolios including reconciliation and portfolio tests.
• Review management and performance fee calculations, including incentive structures.
• Respond to investor queries on fund performance, NAVs, taxes, and related areas.
• Assist audit and tax professionals in year-end reporting for ILS, direct investment, and hedge fund entities.
• Support onboarding of new direct investment and hedge fund vehicles into accounting/reporting infrastructure.
• Ad-hoc requests from senior management and investors.
• Assist with regulatory compliance as required.

Skills

Accounting/Finance experience

Independent work

Collaborative

Education

Bachelor's or higher degree in Accounting or Finance

Tools

Fund accounting software

Job description

Neuberger Berman is seeking an experienced Fund Controller to support the ILS fund complex, direct investments, and hedge funds. You will work with portfolio managers and investor relations to ensure accurate monthly estimates, NAVs, allocations, and fund returns.

You will oversee investor reporting, cash forecasting, and expense oversight, while coordinating with audit and tax professionals for year-end processes. Hybrid work arrangement in New York available.