Assistant Controller
New York, New York • $100,000 - $125,000
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 $1 billion in committed capital. The firm is looking for an Assistant Controller to help with fund and management company accounting.
Responsibilities:
- 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 work papers 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 and expense allocations based on the expense allocation policy
- 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
Requirements:
- Bachelor’s degree in accounting required
- 5-7 years of fund accounting or public accounting
- Strong quantitative and analytical skills
- Ability to handle multiple tasks effectively and work within tight deadlines
- Working knowledge of Excel
Salary Range:
$100,000 – $125,000
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