Open-End Fund Financial Controller

Job Description

• Support the management of the portfolio by gathering and evaluating relevant financial data sets to understand historical performance, scenario plan projected future performance related to certain investment decisions or market scenarios and provide the portfolio manager with summarized insights and understanding.
• Assist in the development and maintenance of financial models to forecast fund performance and project returns, using a deep understanding of the fund's portfolio performance and attribution analysis.
• Provide financial analysis and insights to guide investment strategy, for the purposes of evaluating acquisitions, dispositions and fund operations.
• Own delivery of financial and other data required via governing documents, side letters and other commitments to investors and manage deliverable timelines to internal and external stakeholders, review and approve data sets prepared by investor reporting.
• Review fund and investor capital statements and governing documents to ensure proper application of expense allocations, management fees, carried interest, or other fees.
• Assist with preparing and reviewing investor-facing reports, including quarterly reports, capital account statements, and performance analyses, benchmark reporting and ad hoc requests from investors and consultants.
• Manage fund cash flow, including capital calls, distributions, redemptions and subscriptions.
• Monitor cash balances, manage liquidity, and ensure sufficient funds are available for investments and operations including lines of credit.
• Assist the asset management and valuation teams with the quarterly valuation process of the underlying investments.
• Assist in the preparation of investor presentations and LP meetings, manage investor queries and responsible for maintaining investor contacts and information in the investor portal.
• Oversee significant Third Party Joint Venture partners to ensure timely and accurate accounting, reporting, cash management, and adherence to agreed upon budgets/business plans of underlying investments.
• Responsible for debt covenant calculation and reporting to ensure compliance with the governing documents.
• Liaise with tax preparers to ensure the accurate and timely delivery of tax reporting to investors and in the preparation of various federal and state tax filings.
• Stay abreast of regulatory changes and ensure fund compliance with all applicable laws.
• Identify opportunities to improve accounting and reporting systems, ensuring they align with the growth and complexity of the funds and leverage financial technology tools to automate processes and improve efficiency.
• Perform other essential duties as assigned.

• Bachelor’s degree in Finance or Accounting
• 10+ years of public and/or private experience
• Open-end fund reporting experience required
• Exceptional verbal and written communication skills to effectively discuss financial information with investors, portfolio managers and C-suite
• Willing to travel as necessary
• Must be willing to work on-site full time
• Qualifications may warrant placement in a different job title