We are seeking a highly motivated Assistant Controller to join our client's team. This position will report directly to the Controller and CFO and will be deeply involved in all operational aspects of the business. This role offers a hands-on opportunity for a professional who is adaptable and thrives in a small group environment.
Key Responsibilities:
- Assist in preparing and distributing quarterly financial statements to limited partners
- Post activity to the general ledger, reconcile accounts, coordinate payment of expenses, and maintain supporting documentation
- Perform quarterly closings and make quarter-end journal entries, including income and expense accruals
- Assist in the funding and recording of investment transactions
- Calculate Gross and Net IRRs and other performance metrics
- Respond to Limited Partner information requests
- Monitor all cash management functions of the funds and management companies
- Assist in computing and preparing capital call and distribution notifications to LPs and GPs
- Perform monthly bank account reconciliations
- Manage lines of credit established to bridge capital calls
- Collaborate with CFO and Controller on annual audit and tax preparation:
- Prepare required deliverables for year-end financial statement audits
- Assist external accounting firms in preparing tax returns and K-1s
- Coordinate portfolio company-related tax payments with external accounting firms
- Research accounting and tax issues as needed
- Assist with SEC compliance reporting
- Work with senior management on project-based tasks, including preparing periodic reports and analyses
Qualifications:
- CPA certification (or CPA exam passed) with a minimum of 4 years of work experience
- Detail-oriented with strong organizational skills
- Ability to prioritize and complete projects on time
- Advanced experience with ERP systems (Allvue is a plus) and proficiency in Excel
- Strong work ethic and excellent communication skills, both written and verbal
- Ability to work independently and proactively, identifying and resolving issues
- Trusted to maintain the confidentiality of sensitive information
- Ability to balance multiple responsibilities while meeting internal and external deadlines
- Prior experience in private equity and/or public accounting is a plus, as is familiarity with partnership tax accounting