Assistant Fund Controller, Private Equity

Assistant Controller – Private Equity Fund Accounting & Finance

Join a growing alternative investment firm in a highly visible Controller role overseeing fund accounting, financial reporting, and operations across private investment funds, co-investment vehicles, and SPVs. This position offers significant ownership, direct exposure to senior leadership, and the opportunity to build scalable financial infrastructure supporting continued growth and future fund launches.

Responsibilities

• Fund Accounting & Financial Reporting: Oversee quarterly and annual close processes across private investment funds, SPVs, and the management company, ensuring accurate financial reporting and compliance with U.S. GAAP.
• NAV & Fund Administration: Review and approve NAV packages, financial statements, partner capital statements, and investor reporting prepared by third-party fund administrators.
• Fund Performance & Analytics: Oversee fund performance calculations and reporting, including IRR, MOIC, DPI, and other investment performance metrics.
• Audit & Tax: Lead annual fund audits, coordinate tax reporting and K-1 delivery, and manage relationships with external auditors and tax advisors.
• Fund Structuring & Compliance: Support fund structuring, tax considerations, and regulatory reporting requirements, including Form ADV and Form PF.
• Capital Calls & Distributions: Manage capital activity, including capital calls, investor allocations, distributions, and related notices.
• Treasury & Liquidity Management: Oversee fund cash management, liquidity forecasting, credit facility activity, wire approvals, and banking controls.
• Management Fees & Carried Interest: Review management fee calculations, carried interest allocations, distribution waterfalls, and other fund economics in accordance with governing agreements.
• Fund Structures: Support accounting and operations across complex investment structures, including co-investment vehicles, SPVs, blocker entities, and recycling provisions.
• Investor Reporting: Partner with Investor Relations on quarterly reporting, investor inquiries, due diligence questionnaires, and other LP reporting requirements.
• Cross-Functional Collaboration: Work closely with Investment, Investor Relations, Legal, Tax, and senior finance leadership on fund operations, reporting, and strategic initiatives.
• Process Improvement: Develop scalable accounting processes, enhance internal controls, and improve reporting infrastructure to support future fund launches and organizational growth.

Qualifications

• Education & Certification: Bachelor's degree in Accounting, Finance, or a related field; CPA preferred.
• Experience: 7–10+ years of progressive accounting and finance experience, ideally combining public accounting and private investment fund experience.
• Fund Accounting: Strong background in private equity fund accounting, financial reporting, NAV review, capital activity, and fund administration oversight.
• Fund Structures: Experience with limited partnerships, co-investment vehicles, SPVs, management companies, and complex fund structures.
• Fund Economics: Strong understanding of management fees, carried interest, distribution waterfalls, partner capital accounts, and fund performance metrics.
• Audit & Tax: Experience managing external audits, coordinating fund tax reporting, and working with third-party tax advisors.
• Treasury & Financing: Exposure to subscription credit facilities, NAV-based financing, cash forecasting, or fund liquidity management is a plus.
• Technical Knowledge: Understanding of private fund tax structuring, including blocker entities and ECI/UBTI considerations, is advantageous.
• Financial Analysis: Strong Excel skills with experience in financial modeling, sensitivity analysis, and investment performance reporting preferred.
• Leadership & Ownership: Ability to independently manage complex fund accounting responsibilities, oversee external service providers, and collaborate with senior investment professionals.
• Attributes: Hands-on, analytical, detail-oriented, and proactive with strong communication skills and the ability to thrive in a lean, entrepreneurial environment.

Application Notice:

Qualified candidates will be contacted within 2 business days of application. If an applicant does not meet the above criteria, Atlantic Group will keep your resume on file for future opportunities and may contact you for further discussion.

Hybrid Schedule 4/1

Total Comp Up to 350k