What are the responsibilities and job description for the Assistant Controller position at Confidential?
Reporting to the Senior Controller, this position will be responsible for all fund accounting and reporting (including tax reporting) and certain fund-related operations.
Essential Functions
Responsibilities for the role include, but are not limited to:
Lead Fund Finance Function for Assigned Funds
· Oversee outsourced fund administrators as they relate to all accounting and operational aspects of assigned funds. Communicate effectively with fund administrators to ensure efficiency. Review their work thoroughly.
· Ensure accounting activities are conducted in accordance with internal policies and procedures.
· Manage day-to-day accounting operations of fund entities, including liquidity management, capital calls, distributions, periodic reconciliations with third-party fund administrators
· Lead quarterly closes, annual audits, and tax compliance processes (with outsourced CPA firms) for assigned funds.
· Coordinate effectively with the broader Fund Finance team to ensure consistency across funds from an accounting, reporting, tax, and operational standpoint.
· Build strong relationships with deal personnel to maintain awareness of assigned portfolios and individual investments.
· Coordinate with external tax preparers to ensure they remain informed about assigned funds and can effectively manage tax estimates, projections, filings, and related matters.
· Maintain knowledge of emerging industry best practices.
· Proactively identify opportunities for process improvement and collaborate with the Fund Finance team to implement solutions.
· Work closely with Legal and Compliance teams to ensure timely and accurate regulatory filings, SEC compliance, and related requirements.
· Collaborate with the Portfolio Management team to ensure accurate internal and external investor reporting.
· Heavily participate in special projects as they arise
Salary : $125,000 - $175,000