Assistant Controller, Investments

Assistant Controller

Our client is a global investment management firm with a wide range of investment products. (Hybrid roll - 3 days in office)

The Assistant Controller acts as an intermediary between the private equity portfolio managers and external vendors including the fund administrators, auditors, and tax professionals. This position will have responsibility for all aspects of operations for various private equity funds across the firm's investment platform as well as providing oversight to the fund administrators in the process of recording and reconciling transactions.

Responsibilities include :

• Daily oversight of 3rd party service providers (Fund Administration, Transfer Agency, Valuation providers, Tax providers, Audit, etc.) including the review and approval of quarterly and monthly financial statements, capital account statements, ad hoc investor reporting prepared by fund
• Assist with SEC filings and other regulatory compliance such as NPORT, NCSR, NCEN, 38a-1 reporting, 15(c) reporting
• Review management fee and carried interest calculations
• Review key performance metrics such as fund IRRs and total returns
• Monitor cash reserves and review and approve capital call and distribution allocations and notices
• Analyze underlying investment capital activity and related journal entries for accuracy of characteristics and bucketing
• Facilitate the receipt and review of incoming expenses and various expense allocations
• Perform data validation between external and internal sources
• Maintain real time tracking for financial data, management fees, and expenses
• Provide data and ad hoc reports to senior management and the investment team, as needed
• Prepare and review quarterly Adviser Reports to be presented to a Board of Directors
• Provide support to other functional groups within the firm including Investor Relations, Client Reporting, Legal and Compliance, and Corporate Accounting
• Interface directly with the external auditors and tax professionals to manage the process of completing annual audits, ASC 740 tax provisions, tax returns and the distribution of K-1s and 1099s

Qualifications :

Why is This a Great Opportunity?

The firm pursues a wide range of complex structures and investment vehicles. For an accounting professional skilled in the technical aspects of accounting for these activities and the organizational skills to co-ordinate the services of outside vendors, this is an exciting opportunity.

The firm also sports a very talented group and is continually coming up with new investment ideas and products. This makes for a great learning environment.