Assistant Fund Controller

Job Title:

Deputy Controller

Job Description:

JOB SCOPE & RESPONSIBILITIES

• Assist the Controller in managing the company’s accounting operations, financial reporting and compliance functions.
• Manage the Fund Administrator and auditor relationship, addressing all accounting related questions.
• Monitor cash flows, manage fund liquidity, including lines of credit, and warehouse facilities, and oversee capital calls, distributions, interest income and overhead expenses.
• High level review of asset level valuations provided by third party valuation agent.
• Review of monthly, quarterly, and annual reports, including financial statements, capital call and distribution notices, capital account statements, and ad hoc reports.
• Analyzes financial information detailing assets, liabilities, and capital, and ability to prepare balance sheet, profit and loss statement, and other reports to summarize current and projected company financial position.
• Compiles and analyzes financial information.
• Assist in reviewing quarter end financials and conducting monthly variance analysis.
• Liaise with Fund Administrator to complete quarterly close and timely reconciliation of GL and bank accounts.
• Gathers and provides information to support regulatory audits and tax filings.
• Ensures that information is complete, accurate and timely and in accordance with company guidelines.
• Answers accounting and financial questions by researching and interpreting data.
• Protects organization's value by keeping information confidential.
• Assumes responsibility for the accurate and timely completion of assigned accounting functions.
• Review and monitor key schedules, including capital schedules, preferred return & interest calculations and fund waterfalls.
• Assist with annual audit process.
• Prepare and respond to financial/performance related investor inquiries and requests for reports.
• Modeling expertise of IRR, equity multiple, carried interest, waterfalls, investor rebalancing, subsequent investor closings and other performance related metrics prevalent in Private Equity funds.
• Build and work on fund models that incorporate capital calls, distributions, fees and other fund-specific cash flows.
• Analyze fund performance against target metrics and conduct scenario analyses to assess potential returns and risks under various assumptions.
• Prepare financial analyses and reports to support strategic decision-making by senior management.
• Collaborate with the investor relations team to provide fund performance data and projections for existing and prospective investors.
• Completes accounting functions in accordance with established policies and procedures.
• Work with legal and finance teams to interpret LPAs and accurately reflect provisions in financial models.
• Train, mentor, and develop accounting staff, fostering a collaborative and high-performance work environment.
• Liaise with other departments including asset management, legal, investment, and finance teams.
• Performs other job-related duties as assigned.