Head of Fund Finance, Private Markets

Location: Northern

Location New York, United States Compensation $250,000-$325,000 per year## About This RoleNB Private Markets is one of the most rapidly growing alternative investment platforms within Neuberger with over $166 billion of AUM across our private equity fund of funds, secondaries, co-investments, private credit and other alternative strategies. The platform spans the full spectrum of private markets investing – from primary fund commitments and secondaries to direct co-investments and structured credit – serving a global base of institutional investors including sovereign wealth funds, pension funds, endowments, foundations, insurance companies, and family offices.

The complexity and scale of these strategies make the accounting, valuation, and finance function a mission-critical control and partnership function within the business. This individual will serve as a senior finance leader with day-to-day responsibility for managing accounting and finance work streams across private markets, reporting directly to the Alternatives CFO. Responsibilities Fund Accounting & Financial Reporting Oversee all accounting functions including quarterly close packages, NAV calculations, income and expense allocations, distribution waterfalls, and fund-level return calculations Oversee the full investor reporting lifecycle, including monthly and quarterly investor statements, annual audited financial statements, capital account statements, and ad hoc investor reporting requests Review and analyze distribution waterfalls in accordance with fund legal documents, ensuring accuracy of carried interest, preferred return, and catch-up calculations Review and validate fund-level IRRs, MOICs, DPIs, TVPIs, and other performance metrics on a quarterly basis Produce internal management reporting covering AUM, revenues, expenses, and fund economics for senior leadership and internal stakeholders Fund Operations & Liquidity Management Partner with portfolio management teams to manage overall fund budgets, liquidity positioning, and cash forecasting Oversee credit facility management, including covenant monitoring, borrowing base calculations, and lender reporting Manage investor capital call and distribution processes, including timing, notices, and reconciliation Strategic Business Partnership Serve as a strategic finance partner to Portfolio Management teams on overall business development and management, including:
New fund and separately managed account (SMA) structuring, allocation mechanisms, and fee calculations Investment structuring to minimize cash and tax drag (e.g., ECI, FIRPTA, blocker entity utilization) Determination of optimal entity types based on legal, tax, and accounting considerations across structures (partnerships, trusts, corporations, CLOs, BDCs, etc.) Responding to investor due diligence requests Regulatory, Compliance & Tax Coordination Coordinate with the parent company's Compliance team to satisfy all regulatory reporting requirements, including Form PF, Form ADV, AIFMD, and other applicable filings Coordinate across internal functions — in...
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