Fund Controller Overview • The Fund Controller role offers a unique opportunity to lead fund accounting and financial operations within a dynamic investment management environment. • Collaborate with a Senior Fund Accountant to establish and enhance internal review functions for fund accounting processes. • Oversee technical accounting positions and ensure compliance with US GAAP, ASC 946, and ASC 820 standards. • Manage relationships with external auditors and third-party administrators, ensuring high-quality deliverables and service standards. • Lead treasury oversight, including cash forecasting, subscription facilities, and credit facility management. • Develop and supervise fund accounting staff, fostering professional growth and process improvement initiatives. • Contribute to governance and internal controls over fund accounting, wire release, and expense approval processes. • Work in a hybrid environment, combining remote flexibility with on-site collaboration. Fund Controller Key Responsibilities & Duties • Review administrator-prepared workpapers, financial statements, and management fee calculations for accuracy and compliance. • Approve capital calls, distributions, and investor notices, ensuring consistency with governing documents. • Own accounting treatment for complex transactions and maintain consistency across funds and reporting periods. • Validate distribution waterfalls, carried interest accruals, and management fee calculations. • Oversee treasury functions, including cash reconciliations, liquidity management, and bank relationships. • Manage external audit relationships, ensuring timely resolution of adjustments and coordination of deliverables. • Supervise fund accounting staff and lead system implementation and process improvement initiatives. • Ensure compliance with tax reporting requirements and coordinate partner-level allocation data. Fund Controller Job Requirements • Bachelor of Science (BS) in Accounting, Finance, or a related field. • 10+ years of progressive accounting experience, including fund accounting management roles. • Expertise in US GAAP, ASC 946, and ASC 820 standards for investment accounting. • Proven experience managing audits and resolving accounting adjustments. • Advanced Excel skills and familiarity with fund accounting systems like Sage or QuickBooks. • Strong knowledge of LPAs, side letters, and fund economic terms. • Demonstrated ability to oversee third-party administrators and ensure quality deliverables. • Comfortable leveraging AI platforms to enhance efficiency in accounting processes.