Assistant Controller - Investment Firm in Boston

Assistant Controller – Boston-based Investment Firm (Hybrid)

Boston, MA | Hybrid

A leading Boston-based private investment firm is seeking an experienced Assistant Controller, Fund Accounting to join its growing finance team. This is an exciting opportunity to join a highly respected investment platform with a long track record of partnering with successful middle-market companies across technology, healthcare, industrials, and business services.

The firm manages a significant portfolio of private equity investments and offers the opportunity to work closely with senior finance professionals, investment teams, tax, legal, and external fund administrators.

The Assistant Controller will play a key role in the accounting, reporting, and operational finance functions supporting private equity funds, co-investment vehicles, and continuation funds. In addition to traditional fund accounting responsibilities, this position will have an important role in technology, automation, data analytics, and AI-driven process improvements.

• Manage accounting and financial reporting for private equity funds, co-investment vehicles, and continuation funds
• Oversee third-party fund administrators and ensure accurate general ledger activity, journal entries, reconciliations, and quarterly closings
• Prepare and review quarterly and annual financial statements and supporting schedules
• Manage capital calls, distributions, reserves, and investor reporting
• Ensure compliance with partnership agreements, GAAP, and internal accounting policies
• Support investment transaction accounting, including purchases, sales, and restructurings
• Coordinate with external auditors and support annual partnership audits
• Assist with tax reporting and regulatory compliance activities
• Maintain strong internal controls and accounting documentation
• Partner with investment, tax, legal, and finance teams on cross-functional initiatives
• Identify opportunities to improve and automate accounting and reporting processes
• Leverage AI, data analytics, and emerging technologies to improve efficiency and scalability
• Help foster a technology-forward, continuous-improvement culture within the finance organization

• Bachelor’s degree in Accounting or related field
• CPA required
• 6–10years of experience in private equity, partnership accounting, or financial services
• Strong understanding of GAAP and partnership accounting
• Experience working with fund administrators, external auditors, and investment professionals
• Experience with fund accounting systems and financial reporting platforms
• Advanced Excel and financial modeling skills
• Strong analytical, problem-solving, and organizational abilities
• High attention to detail and ability to manage multiple priorities
• Excellent communication and interpersonal skills
• Collaborative, team-oriented approach
• Exposure to automation, data analytics, AI, or financial technology is a plus

$140K - 160K base salary dependent on experience