Assistant Controller (Private Equity)

Our client is a Private Investment Firm based in NYC currently seeking to add a talented Assistant Controller to their growing Accounting and Finance Team, this position will straddle the following responsibilities; Tax, Reporting, Accounting and Financial Operations, reporting directly to CFO.

While professional experience and qualifications are key for this role, make sure to check you have the preferable soft skills before applying if required.

Ideal candidate must be confident reviewing and preparing Firm Financials and Accounting/Reporting; opportunity will include sitting on weekly Investment Meetings with Senior Management - high profile opportunity!

Daily responsibilities

• Assist portfolio valuations efforts including portfolio optimization, risk analytics, performance attribution, and risk/liability management
• Manage and review fund financials as prepared by the external administrator to ensure quality and timeliness of deliverables
• Responsible for financial reporting process, including but not limited to monthly performance estimates, close packages/NAV, allocations, waterfalls and fund returns
• Perform financial statement preparation, cash and position reconciliations, entering income/expense accruals, preparing capital allocation schedules, and sending investor correspondence regarding account balances
• Assist in cash management forecasts and budgets along with debt facility oversight to establish capital available for investment.
• Prepare and post all journal entries and prepare monthly trial balance, balance sheet, income statement and statement of cash flow reports. xihmbke
• Oversight and compliance of fund credit facilities by accurately comprehending and interpreting the agreement, while maintaining a thorough knowledge of the assets in the portfolio
• Prepare daily net capital computation and daily P&L reporting
• Collaborate with CFO/Controller on preparation of firm reporting and intracompany reconciliation process
• Review management fee calculations
• Perform daily general ledger functions such as cash and trading account reconciliation
• Responsible for implementing efficiencies across all facets of middle-office operations and accounting areas.

Desired Skills and Experience

• Bachelor’s Degree with 4+ years of (Accounting/Audit/Tax) industry experience
• CPA or CPA in progress highly preferred
• Prior experience with Tax Accounting/Reporting required
• Outstanding communication skills, proven ability to effectively work with all levels of Management
• Technical skills; Highly proficient with Excel/VBA and Portfolio Accounting Software (Investran) preferred
• Comfortable working in a fast-paced, dead-line driven dynamic environment
• Innovative and creative thinker
• Must be detail oriented