Senior Controller

A boutique private equity firm is seeking a dynamic professional to manage day-to-day accounting activities as well as combined portfolio accounting matters, develop and implement financial policies, and provide financial analysis.

About Selwyn Equity Partners:

Selwyn Equity Partners (SEP) is a boutique private equity firm based in Charlotte, North Carolina. Our firm partners with operators on a diverse portfolio of companies, utilizing the firm’s real-world experience to tailor a successful growth strategy by partnering with our stakeholders to enrich their life’s work. Our investment strategy is rooted in service and so is our firm's culture – we are here to serve our investors, partners, and portfolio companies. We are boots on the ground entrepreneurs first and we take that approach to how we invest.

Job Description:
The Senior Holding Company Controller is responsible for the preparation of the monthly and annual reporting for several Holding companies across SEP. This role will supervise multiple accountants who undertake bookkeeping, accounts payable and accounts receivable functions of the Holding companies.

Responsibilities:

• Manage day-to-day financial activities, including accounts payable, accounts receivable and general ledger entries.
• Develop and implement financial policies, procedures, and controls to ensure the integrity of financial information.
• Provide insightful financial analysis to support strategic decision-making and investment strategies.
• Prepare the monthly management accounts and annual financial statements of the Holding companies.
• Play an active role in the onboarding of new investments, including audits, due diligence and vendor reviews.
• Liaise with the fund administrators for shadowing of the books, preparation of estimates, month-end NAV review, assistance with financial statement preparation, valuation of the portfolio, annual audit and tax work.
• Liaise with fund administrators and clients regarding investor relations requests and ad-hoc requests.

• Review all monthly items including the operating expense schedules, month-end close packages containing financial statements and supporting files, transparency reports, and investor statements.
• Responsible for the review of year-end financial statements, including all statements and disclosures, and coordination with audit team for timely completion of audit.
• Responsible for the review of year-end fund and client tax reporting, including investor tax statements and tax returns, and coordination of timely completion of tax work.
• Oversee daily portfolio reconciliations and trade review on internal portfolio management system, supervising internal team's liaison with prime brokers and custodians.
• Review of fund's capital calls and distributions, and fund expense payments and budgeting.
• Responsible for management company oversight as it relates to finance, budgeting and vendor review.

• Oversee cash flow management and optimize liquidity to support investment activities.
• Monitor and manage banking relationships, including fund transfers and investment disbursements.
• Coordinate with outside accountants and consultants.
• Collaborate with team members to ensure seamless coordination and communications.
• Processing a range of financial transactions into the accounting system.
• Pay supplier/vendor invoices in a timely manner, record all invoices and allocate the costs by cost accounting, review of aged items for a number of legal entities.
• Bookkeeping of all bank accounts and ensuring sufficient cash level on bank accounts
• Undertake the monthly closing of Holding Company entities (loan revaluations, bank revaluation and reconciliations, intercompany confirmations, intercompany mismatch, etc.)
• Manage any intercompany loans including preparation of loan documentation and maintain intercompany loan schedules, book cash movements and monthly interest calculations.
• Processing the payment of expenses for Group employees.
• Calculate and book any depreciation on the fixed assets and reconcile the fixed asset subledger with the accounting.
• Conduct periodic reconciliation of the balance sheet accounts to ensure their accuracy and file all documents in a timely manner.

Requirements:

• Bachelor’s degree in Accounting or Finance
• CPA or CMA certification preferred
• Minimum 7 years of progressive experience; 2-3 years of managerial experience.
• Strong knowledge of accounting principles, tax, financial regulations and reporting standards.
• Private equity accounting experience preferred.
• Excellent written and verbal communication skills
• Excellent organizational, problem solving, analytical and time-management skills.
• Ability to work in a dynamic environment and adapt to changing priorities
• Proficiency with Microsoft Office, especially Excel.
• Strong leadership and team management skills.
• Proficiency in financial software and systems.

Preferred Requirements:

• Knowledge of or work experience in the private equity and /or investment management industry is preferred.
• Fund accounting experience is preferred.
• The ideal candidate will have Big 4 or national accounting firm experience
• Previous experience with M&A and integrations is a plus

Benefits:
Full health benefits, employer-matched 401K, paid time off (PTO), competitive paid holiday package, company laptop and company phone.

If you're eager to contribute your skills and expertise to our team and embark on a rewarding career as a Senior Controller, Selwyn Equity Partners is excited to welcome you aboard. Apply now and let's make waves together!

Selwyn Equity Partners is an equal opportunity employer.

Salary : $105,000 - $130,000