Assistant Controller, Interval Funds

About the Opportunity

Our client, an international investment firm with a rapidly growing credit platform, is seeking an Assistant Controller to oversee financial management and operations for its registered closed-end interval funds in New York City. The role carries technical fund accounting oversight, regulatory and tax compliance, liquidity monitoring, and supervision of third-party service providers. You will partner directly with the CFO and the existing interval fund controller, as well as the credit investment and operations teams. As the firm continues to add registered, retail-accessible vehicles, this is a build-and-scale mandate rather than a steady-state seat. You will help standardize the processes, systems, and controls that support the wider credit platform.

Job Responsibilities

• Review monthly and quarterly NAV packages prepared by the fund administrator, including cash and interest reconciliations, holdings, expense accruals, and supporting schedules
• Review semiannual and annual financial statements prepared by service providers and coordinate internal, external, and auditor reviews
• Analyze quarterly balance sheet and income statement trends, investigating and resolving material variances
• Account for income from debt securities and complex investments, including CLO equity, joint ventures, and derivatives
• Support monthly and quarterly close, including review of trade activity, reorganizations, and other fund transactions
• Maintain fund expense budgets and allocation methodologies; assist with forecasting and ad hoc financial analysis
• Support preparation and review of Investment Company Act regulatory filings, including Forms N-CSR, N-PORT, N-CEN, and N-2
• Coordinate with internal and external tax professionals on RIC compliance, quarterly dividend analysis, annual tax filings, and distributions
• Monitor asset coverage, leverage, liquidity, and distribution requirements, and keep current on accounting and regulatory changes
• Work with investment professionals on valuation, accounting treatment, and liquidity for new and existing investments, and review valuation models and related controls
• Oversee the fund administrator, fund accountant, transfer agent, tax, and audit providers; manage annual audit deliverables
• Design, document, and maintain internal controls, and drive process, systems, and automation improvements across the credit platform

Job Requirements

• Demonstrated experience with Investment Company Act of 1940 products that accept recurring subscriptions and redemptions, such as interval funds or mutual funds
• Working knowledge of SEC reporting for registered investment companies, including Forms N-CSR, N-PORT, N-CEN, and N-2
• Strong technical accounting knowledge and experience applying accounting standards to investment funds and financial instruments
• Experience preparing, reviewing, or supporting public entity or registered fund filings
• Experience with fund accounting, NAV review, financial reporting, audit coordination, and internal controls
• Strong analytical, organizational, and communication skills, with the ability to manage recurring deadlines alongside ad hoc priorities
• Ability to work effectively with investment professionals, senior management, operations, legal, tax, technology, auditors, and external providers
• High accuracy, sound professional judgment, and commitment to strong controls
• Preferred: experience with credit funds or credit-oriented products, including CLO equity, derivatives, and joint ventures
• Preferred: RIC tax compliance, dividend analysis, and distribution experience
• Preferred: experience developing accounting systems, improving processes, or supporting launches of registered vehicles
• This position is based in New York City and requires five days per week in-office

The annual total compensation is up to $275k. Actual compensation offered to the successful candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level, among other things. Details about eligibility for bonus compensation (if applicable) will be finalized at the time of offer.