What are the responsibilities and job description for the Fund Controller position at Ascension Search Partners?
Ascension Search Partners has been engaged to hire a private equity Fund Controller to join a well-respected middle-market fund. This role will be responsible for overseeing all facets of the firm's investment fund accounting and operations. The Fund Controller will collaborate with various teams, including tax, investor relations, investment professionals, and senior leadership.
Key Responsibilities :
- Manage the fund administrator
- Prepare and distribute quarterly financial statements and partner reports within established deadlines
- Lead the quarterly valuation committee
- Manage the credit facility and banking relationships
- Manage cash flow and pipeline activities to ensure accurate capital call and distribution timing
- Assist with management of audit
- Calculate management fees and carried interest
- Ensure adherence to LP agreements and side letter terms as well as management and reporting on fund performance metrics
- Maintain internal controls
- Address and respond to investor inquiries
Qualifications :
