Assistant Controller

BDC Responsibilities

Support the quarterly financial close process, partnering with junior accountants and third-party fund administrators to ensure timely and accurate preparation of 10-Q and 10-K filings.

Read the overview of this opportunity to understand what skills, including and relevant soft skills and software package proficiencies, are required.

First-Level Review Responsibilities

• Review internally prepared workpapers, including accounting treatment write-ups supported by technical research, analysis, and interpretation.
• Prepare journal entries as needed.
• Evaluate new GAAP and regulatory updates to determine impacts on financial reporting and disclosures.
• Review quarterly reporting packages prepared by the third-party administrator.

Financial Reporting & Valuations

• Prepare schedules and calculations required for financial statement disclosures.
• Work closely with the investment team on quarterly valuation procedures, analyzing valuation impacts on financial statements.

Audit, Tax & Regulatory Compliance

• Coordinate with external auditors and tax firms to ensure timely completion of annual audits and tax filings for the BDC and related entities.
• Manage SBA regulatory reporting, including quarterly Form 468 and 1031 filings.
• Review quarterly workpapers and Form 468 submissions for SBIC funds.
• Oversee annual SBA examinations and support audits of standalone SBIC financial statements.

Sarbanes-Oxley (SOX) Compliance

• Manage the SOX process end-to-end for the BDC.
• Partner with internal and external auditors on interim and annual testing.
• Maintain proper documentation and retention for all internal processes.

Management Reporting

• Assist in preparing quarterly management reporting, including board presentations, meeting minutes, and investment performance metrics such as IRR calculations.

Interest Invoice Oversight

• Review monthly interest invoices, including rate and principal changes, to ensure accuracy.
• Manage distribution of interest invoices to borrowers.

Cash Flow & Operations

• Review weekly cash flow analyses and support planning activities.
• Oversee the cash application process in coordination with the external custodian. xhyhwjd

Management Company / Investment Advisor Responsibilities

• Assist with quarterly credit facility reporting.

Qualifications

• Bachelor's degree in Accounting
• 6+ years of relevant experience
• Strong proficiency in Microsoft Office, especially Excel and PowerPoint
• Self-starter with the ability to work independently and collaboratively
• Experience supervising junior staff and managing third-party service providers
• Strong analytical and problem-solving skills
• Ability to meet strict deadlines and manage multiple priorities
• Excellent written, verbal, and interpersonal communication skills
• High attention to detail and strong organizational skills
• Motivated, proactive, and eager to take on increasing responsibility
• CPA required