Fund Controller

Job Detail Experience Level Director Degree Type Bachelor of Science (BS)
Employment Full Time Working Type Hybrid Job Reference Salary Type Annually Industry Private Equity Selling Points Lead impactful fund accounting operations in a dynamic investment management environment. Collaborate with skilled professionals to enhance financial processes and compliance. Drive innovation and efficiency in fund accounting systems.

Job Description Fund Controller Overview The Fund Controller role offers a unique opportunity to lead fund accounting and financial operations within a dynamic investment management environment.

Collaborate with a Senior Fund Accountant to establish and enhance internal review functions for fund accounting processes.

Oversee technical accounting positions and ensure compliance with US GAAP, ASC 946, and ASC 820 standards.

Manage relationships with external auditors and third-party administrators, ensuring high-quality deliverables and service standards.

Lead treasury oversight, including cash forecasting, subscription facilities, and credit facility management.

Develop and supervise fund accounting staff, fostering professional growth and process improvement initiatives.

Contribute to governance and internal controls over fund accounting, wire release, and expense approval processes.

Work in a hybrid environment, combining remote flexibility with on-site collaboration.

Fund Controller

Key Responsibilities & Duties Review administrator-prepared work papers, financial statements, and management fee calculations for accuracy and compliance.

Approve capital calls, distributions, and investor notices, ensuring consistency with governing documents.

Own accounting treatment for complex transactions and maintain consistency across funds and reporting periods.

Validate distribution waterfalls, carried interest accruals, and management fee calculations.

Oversee treasury functions, including cash reconciliations, liquidity management, and bank relationships.

Manage external audit relationships, ensuring timely resolution of adjustments and coordination of deliverables.

Supervise fund accounting staff and lead system implementation and process improvement initiatives.

Ensure compliance with tax reporting requirements and coordinate partner-level allocation data.

Fund Controller

Job Requirements Bachelor of Science (BS) in Accounting, Finance, or a related field.
10+ years of progressive accounting experience, including fund accounting management roles.

Expertise in US GAAP, ASC 946, and ASC 820 standards for investment accounting.

Proven experience managing audits and resolving accounting adjustments.

Advanced Excel skills and familiarity with fund accounting systems like Sage or Quick Books.

Strong knowledge of LPAs, side letters, and fund economic terms.

Demonstrated ability to oversee third-party administrators and ensure quality deliverables.

Comfortable leveraging AI platforms to enhance efficiency in accounting processes.