Fund Controller

AVP - Fund Accounting - 2-3 days in office per week in NYC

Core Responsibilities

1. Maintain Accounting Ledger for Private Equity Funds

• Record investment activities, including acquisitions, disposals, and revaluations.
• Manage quarterly valuations and ensure accurate reporting.
• Track capital calls, distributions, accruals, intercompany transactions, and general cash activities.

1. Collaborate with Fund Operations Team

• Ensure real-time accounting of all fund transactions.
• Anticipate and address complexities in advance to streamline processes.

1. Prepare Quarterly Allocations and Reporting

• Allocate profits and losses according to Limited Partnership Agreements.
• Prepare and distribute quarterly financial reporting packages for Limited Partners.

1. Manage Capital Calls and Distributions

• Issue timely notices for capital calls and distributions.
• Coordinate cash movements and ensure accurate documentation.

1. Prepare Financial Statements for Audits

• Compile financial statements and supporting analyses for annual audits.
• Coordinate audit activities with external auditors.

1. Support Fund Manager with Investment Activity

• Assist in deal closings and prepare waterfall calculations upon deal realizations.
• Facilitate smooth transaction processes.

1. Manage Credit Facility and Fund Accountants

• Prepare borrowing and repayment notices for the credit facility.
• Oversee interest payments and borrowing base calculations.
• Coordinate with Fund Accountants and external Fund Administrators for co-investment vehicles and International Funds.

1. Liaise with Tax and Ensure Tax Reporting

• Provide reports for tax analysis and reporting purposes.
• Collaborate effectively with the tax department.

1. Responsible for Other Fund Reporting

• Prepare reports for AUM (Form ADV + Form PF), AIFMD, and FAR.
• Ensure compliance with regulatory reporting requirements.

1. Contribute to Finance Team Projects

• Support various finance projects to improve overall team efficiency and effectiveness.

Skills and Experience:

• Bachelor’s Degree in Accounting; CPA designation preferred.
• 5+ years of experience in Fund Accounting, preferably in Private Equity.
• Strong knowledge of accounting processes and procedures.
• Organized with the ability to manage multiple tasks and deadlines effectively.
• Detail-oriented and proactive with strong problem-solving skills.
• Proficiency in Microsoft Office, particularly Excel, PowerPoint, SharePoint, and OneDrive.
• Experience with general ledger systems and ideally FIS Private Capital Suite (formerly FIS Investran).
• Excellent communication skills, both verbal and written.