Our client is a Private Investment Firm based in NYC currently seeking to add a talented Assistant Controller to their growing Accounting and Finance Team, this position will straddle the following responsibilities; Tax, Reporting, Accounting and Financial Operations, reporting directly to CFO.
Ideal candidate must be confident reviewing and preparing Firm Financials and Accounting/Reporting; opportunity will include sitting on weekly Investment Meetings with Senior Management - high profile opportunity!
Daily responsibilities
- Assist portfolio valuations efforts including portfolio optimization, risk analytics, performance attribution, and risk/liability management
- Manage and review fund financials as prepared by the external administrator to ensure quality and timeliness of deliverables
- Responsible for financial reporting process, including but not limited to monthly performance estimates, close packages/NAV, allocations, waterfalls and fund returns
- Perform financial statement preparation, cash and position reconciliations, entering income/expense accruals, preparing capital allocation schedules, and sending investor correspondence regarding account balances
- Assist in cash management forecasts and budgets along with debt facility oversight to establish capital available for investment.
- Prepare and post all journal entries and prepare monthly trial balance, balance sheet, income statement and statement of cash flow reports.
- Oversight and compliance of fund credit facilities by accurately comprehending and interpreting the agreement, while maintaining a thorough knowledge of the assets in the portfolio
- Prepare daily net capital computation and daily P&L reporting
- Collaborate with CFO/Controller on preparation of firm reporting and intracompany reconciliation process
- Review management fee calculations
- Perform daily general ledger functions such as cash and trading account reconciliation
- Responsible for implementing efficiencies across all facets of middle-office operations and accounting areas.
Desired Skills and Experience
- Bachelor’s Degree with 4+ years of (Accounting/Audit/Tax) industry experience
- CPA or CPA in progress highly preferred
- Prior experience with Tax Accounting/Reporting required
- Outstanding communication skills, proven ability to effectively work with all levels of Management
- Technical skills; Highly proficient with Excel/VBA and Portfolio Accounting Software (Investran) preferred
- Comfortable working in a fast-paced, dead-line driven dynamic environment
- Innovative and creative thinker
- Must be detail oriented