Lead Fund Controller – Private Markets | Boston, MA | $140K - $180K Base + Bonus & Profit Sharing

Lead Fund Controller – Private Markets | Boston, MA | $140K - $180K Base + Bonus & Profit Sharing

A leading global investment management firm is seeking a Lead Fund Controller to support its growing private investment funds business.

The role will oversee fund accounting, treasury and financial reporting activities across private equity, private credit and co-investment funds, with responsibility for NAV oversight, capital activity, investor support and annual audits.

Responsibilities:

• Oversee quarterly NAV and financial statement processes for assigned funds

• Review work prepared by third-party fund administrators

• Review complex private equity and private credit transactions

• Review waterfall and carried interest calculations

• Review management fee arrangements and IRR calculations

• Ensure accounting and financial statement presentation complies with US GAAP and fund agreements

• Coordinate capital calls and distributions, including review of calculations and notices

• Oversee fund fees, expenses, cash and capital management

• Coordinate deal funding activities

• Oversee annual audits with fund administrators and auditors

• Support new fund launches and product development initiatives

• Enhance accounting and finance policies and procedures

• Support Investment, Investor Relations, Tax and Compliance teams

• Lead and support projects related to funds, systems, operations and service providers

• Perform peer reviews and provide oversight of junior team members

Requirements:

• Bachelor's degree in Accounting or Finance

• 6+ years of experience with an alternative investment firm, public accounting firm and/or fund administrator

• At least 3 years of private equity and/or private credit fund accounting and operations experience

• Knowledge of partnership accounting and closed-end fund structures

• Experience with capital calls, distributions, management fees, carried interest and clawbacks

• Strong knowledge of US GAAP and financial statement presentation

• Experience with private equity, private credit, real estate or infrastructure

• Experience with complex fund structures, including master-feeders, parallel funds, warehouses or similar structures

• Knowledge of private investment valuation methodologies

• Advanced Excel skills

• CPA, CFA or MBA completed or in progress is strongly preferred

• Tableau, Power BI or Alteryx experience is a plus 

Strong all-in compensation package, including profit sharing

If you're interested in learning more about this opportunity, contact Kyle Archer directly at karcher@daleyaa.com.