What are the responsibilities and job description for the VP Portfolio Company Controller position at Atlantic Group?
Firm: NYC Private Equity Fund
Location: Mid Town NYC, 3-4 days in Office
Compensation: Up to 170/175 base 40% cash bonus
Looking for: 7 years from a consulting/advisory firm doing accounting and reporting for PE owned companies or from a PE backed company with experience doing accounting and reporting to the PE fund themselves.
- Support the development and review of financial reports, expense analyses, budgeting, and various one-off projects as assigned.
- Perform comprehensive financial assessments, highlighting patterns, discrepancies, and areas for operational or financial enhancement.
- Maintain accurate financial records for portfolio entities and oversee the allocation and tracking of fund-related expenditures.
- Draft and revise internal policies regarding prepaid expenses, capital assets, and reconciliation procedures.
- Supervise recurring monthly activities such as the posting of accruals.
- Take ownership of the month-end close cycle, which includes posting journal entries, preparing reconciliations, and assembling financial reports.
- Lead audit engagements, acting as the main point of contact with external auditors and ensuring all requirements are met. Resolve audit issues in a timely fashion.
- Collaborate closely with cross-functional Finance teams including Treasury, Fund Accounting, and Accounts Payable.
- Review and optimize existing accounting practices and workflows to drive greater accuracy and efficiency.
- Promote a team-oriented environment focused on high standards and collaboration.
- Execute special assignments and strategic projects as directed by the VP of Fund Control.
Salary : $150,000 - $175,000