About the Company:
Our client is a private equity firm that invests in middle-market companies in North America and Europe through its offices in New York and London. The firm launched in 2014 and currently has $1B in committed capital. The firm is looking for an Assistant Controller to help with Fund and Management Company Accounting.
The role of the Assistant Controller is to oversee the financial reporting of the investment funds and the management company in a timely, accurate and efficient manner.
• Work with third party administrators, auditors and liaise with tax service providers.
• Review and sign off on capital calls/distributions, quarterly NAV packages, management fee calculations, unrealized & realized waterfall calculations, and quarterly/audited annual financial statements, which are prepared by the fund administrators and audited by Big 4 audit firm, of the investment funds
• Manage annual audit process; provide support to auditors in a timely fashion
• Keep track of funds’ performance such as Gross/Net IRR and multiples
• Review quarterly workpapers and unaudited financial statements for the management company
• Comply with tax filing requirements (review tax filings and processing payments, K-1s)
• Assist director of compliance with yearly mock audits and other compliance requests
• Analyze fund organization documents; understand revenue implications for Client Investment
• Manage cash flows and balances; set up wires; comply with the credit facility requirements; forecast cash sources and uses; prepare and analyze budgets
• Manage accounts payable process; expense allocations based on the expense allocation policy; review Due from Funds and Portfolio Companies reports
• Support deal team with investment closings/dispositions
• Liaise with business partners including product management and client service groups and provide performance reports and other items
• Research and resolve accounting, financial, and other issues that may arise
Undergraduate degree in Accounting required; CPA preferred
• 5-7 years of fund accounting or public accounting with a focus on Alternative Investments (Private Equity and/or Real Estate).
• Strong quantitative and analytical skills
• Ability to handle multiple tasks effectively and work within tight deadlines
• Self-starter, possessing the willingness to learn
• Strong team player, detail-oriented with prior supervision experience
• Strong interpersonal, communication (written and spoken) and organizational skills
• Working knowledge of Excel
• Confident with strong leadership skills
• Creative thinker
Compensation & Benefits:
- $100,000 – $125,000 Base Salary
- Competitive Bonus
- Unlimited Sick and PTO
- Ability to Invest in the fund