Management Company Controller, AVP/Manager

Wall Street Careers • Full-time • New York, New York, United States • $150k - $250k / year • 11h ago

Company

A growing Alternative CLO/BDC/Private Credit Fund with $40 billion in AUM

Responsibilities

Position reports to MD/Management Company Accounting
#2 Leading the corporate accounting function for the investment manager
Team leader/manage a team of accountants
Reviewing all entity closes, inter-company activity, and consolidated reporting
Oversee how fee revenue is calculated and recognized across the platform’s funds, vehicles, and separate accounts, including base fees, performance-based fees and carry
Produce GAAP financial statements and internal reporting packages, and explain results and trends to the CFO and executive team
Run the annual budgeting and forecasting process, allocate expenses across vehicles, and report profitability for each business segment
Serve as main point of contact for the external auditors and tax advisors on the firm’s audit, partnership returns, and entity-level filings
Manage corporate liquidity, including cash projections, inter-company funding and capital planning across entities
Strengthen controls, upgrade systems and build processes that keep pace with a quickly growing platform

Requirements

4+ years of management company accounting experience, ideally starting in public accounting and moving to alternative investments manager, credit manager, private equity or hedge fund
Team leader/managing, hiring and training
Strong technical grounding in US GAAP, especially revenue recognition, consolidation and equity method accounting for complex entity structures
Solid understanding of investment manager economics, including fee arrangements, incentive structures, carry and clawback
Familiarity with publicly registered investment vehicles or SEC reporting
Support audits and build controls and processes in a high-growth setting
Confident commercial communicator who works well with senior leadership
Advanced Excel, GL and consolidation systems
Accounting/Bachelor's Degree
Prior Public/Audit CPA preferred