Associate Director, Private Equity​/Hedge Fund Controller

Associate Director, Private Equity/Hedge Fund Controller

PINE Advisor Solutions

The Associate Director on PINE's Chief Financial Officer (CFO) Services team provides fractional CFO support and leads the administration of hedge and private equity funds, as well as asset manager relationships. This role oversees financial and accounting functions with a focus on accuracy, efficiency, and client partnership. The ideal professional is a natural communicator with a problem‑solving mindset who thrives in a fast‑paced, evolving environment.

As a key member of the CFO Services team, the Associate Director serves as a trusted resource and mentor to colleagues while contributing to the continued growth and excellence of the department.

PINE is a dynamic and growing organization that provides institutional‑quality outsourced solutions for funds and investment managers. Our team is driven by the belief that we are contributing to something remarkable. We prioritize client service and collaborative culture. The ideal candidate will be motivated, detail‑oriented, eager to learn, and thrive in a high‑performing and supportive environment. Our culture is built around an "all for one and one for all" philosophy.

Your contributions matter, and we embrace challenges and believe in growing through doing.

• Nurturing multiple client relationships
• Review the monthly/quarterly calculation of hedge fund/private equity fund NAVs as prepared by the administrator
• Track, process, review and approve fund expenses
• Review partner allocations and waterfall schedules
• Review fee calculations including, but not limited to, management fees, professional fees, and performance fees
• Review capital activity including capital calls, distributions, and transfers
• Coordinate and manage the external audit and tax process on behalf of multiple clients
• Manage the preparation and issuance of audited financial statements
• Review and approve annual K‑1s for private funds and tax returns
• Oversight of client's management company books and records including payroll processing, accounts payable and receivable, general bookkeeping and invoicing, 1099 prep, and annual budgeting
• Experience with different asset classes including fixed income, public and private equities, and derivatives
• Work closely with colleagues across engagements, providing insights and support to ensure accuracy, efficiency, and client satisfaction. Clients rely on us to act as trusted experts in fund operations and accounting oversight. The successful candidate will confidently review and challenge fund administrator work to ensure accuracy, GAAP compliance, and timeliness
• Delegate tasks and responsibilities effectively, considering individual team members' strengths, skills, and development needs
• Foster a collaborative and inclusive team environment, promoting open communication, trust, and cooperation among team members
• Identify training and development needs within the team and coordinate appropriate learning opportunities to enhance their skills and knowledge
• Spearhead the development and implementation of streamlined processes and procedures within the CFO Services department, aimed at enhancing efficiency, reducing operational costs, and improving overall service delivery
• Establish best practices and standard operating procedures (SOPs) to ensure consistency and quality in service delivery, fostering a culture of continuous improvement and operational excellence
• Utilize data‑driven insights and performance metrics to evaluate the effectiveness of implemented processes, making necessary adjustments and refinements to drive ongoing scalability and sustainability
• Proactively anticipate future business needs and growth opportunities, recommending strategic enhancements to existing processes and procedures to support long‑term business objectives and expansion initiatives

• 6‑12 years of financial services experience (Accounting/Audit/Administration/Hedge funds/Private Equity Funds)
• Must have experience with private equity funds or hedge funds and be able to review NAV calculations, management fees/incentive fees/carry calculations and…