Fund Controller

ROLE: FUND CONTROLLER

ABOUT INDAGO CAPITAL

Indago Capital focuses on bespoke opportunities within the asset-based finance markets primarily in North America. Our mission is to deliver differentiated and strong risk-adjusted returns for our clients and provide creative financing solutions to our counterparties. We invest in both private and public markets across the mortgage finance (residential and commercial), consumer finance, business finance and other specialty finance sectors. Across those markets, we look to invest through a combination of asset purchases, loan purchases, providing financing solutions, and/or platform investments. We are headquartered in New York.

SUMMARY OF ROLE:

The Fund Controller will own the accounting and reporting function at Indago Capital, reporting directly to the COO/CFO. The core mandate is to take full ownership of the monthly/quarterly close, audit process, and investor reporting — freeing the COO/CFO to focus on strategy, deals, and platform growth. This is a high-autonomy role with direct exposure to senior leadership and meaningful upside as the platform scales. The right person operates independently from day one.

RESPONSIBILITIES

Fund Accounting & Financial Reporting

• Manage the month-end and quarter-end close processes for the SMA, the Fund, and the Rated Note Feeders.

• Oversee the calculation and allocation of management fees and carried interest in accordance with fund documents.

• Coordinate with the third-party fund administrator to review NAV calculations, capital account statements, and investor allocations; serve as the primary point of escalation for discrepancies.

• Manage the accounting for the rated note structure, ensuring accurate interest accrual, fee amortization, and covenant tracking.

• Prepare and maintain waterfall models and distribution calculations.

• Prepare and/or review required SEC filings, including Form ADV, Form PF and Form D, in coordination with outside compliance consultants.

• Support annual audits by coordinating with external auditors; serve as primary contact for PBC requests and audit inquiries.

Asset-Level & Portfolio Accounting

• Own accounting for forward flow purchase transactions in conjunction with servicers and administrators including the recording of asset acquisitions, payments received, loss reserves, and principal/interest allocations across diverse

underlying asset types such as medical device leases, residential mortgages, merchant cash advances and home improvement loans • Maintain investment schedules and roll-forwards at the position level; reconcile to custodian and servicer reports.

• Partner with the investment team to review servicer remittance reports and flag performance deviations.

• Support mark-to-market and fair value analysis processes, coordinating with the firm’s valuation committee and any third-party valuation agents.

Operations, Controls & Process Improvement

• Design, implement, and maintain internal controls over financial reporting and fund operations, including segregation of duties, approval workflows, and reconciliation procedures.

• Manage and reconcile cash accounts across the fund, feeder, and SMA, including cash forecasting to support portfolio deployment and liquidity management.

• Oversee the firm’s accounting systems and data infrastructure; evaluate and implement improvements to portfolio accounting software, data feeds, and reporting automation.

• Manage relationships with the fund administrator, prime broker/custodian, tax advisors, and external auditors.

• Review annual tax workpapers and coordinate K-1 preparation with external tax advisors.

QUALIFICATIONS

Education and Experience

• Direct experience with private credit, specialty finance, structured products, or asset backed lending strategies strongly preferred.

• Hands-on experience with closed-ended fund structures, rated debt vehicles (CLO, ABS, or rated note feeders), or similar structured vehicles is highly desirable.

• Familiarity with forward flow transaction mechanics and multiple asset classes (consumer loans, commercial finance, equipment leases, mortgages, or MCA) is a significant advantage.

• Bachelor’s degree in Accounting, Finance, or a related field required.

• CPA license strongly preferred.

• 5-8 years of accounting and fund finance experience, with a minimum of 3 years in a fund accounting role within an alternative investment manager or fund administrator.

• Experience supporting SEC-registered investment advisers and familiarity with Form ADV, Form PF, and Advisers Act compliance obligations.

Technical Skills

• Advanced proficiency in Excel, including complex financial models, waterfall calculations, and pivot-based reporting.

• Proficiency in using AI to create efficiency and drive the development roadmap

• Familiarity with loan-level data management and servicer report reconciliation.

• Working knowledge of U.S. GAAP as applied to investment companies and fair value measurement.

Competencies & Attributes

• High degree of intellectual curiosity and comfort with complex, bespoke deal structures.

• Exceptional attention to detail and commitment to accuracy in a fast-paced, deal-driven environment.

• Strong written and verbal communication skills; ability to present financial information clearly to investment professionals, investors, and external counterparties.

• Proactive, ownership-oriented mindset with the ability to manage multiple workstreams independently.

• Demonstrated ability to build scalable processes and controls in a growing, entrepreneurial organization.

WHAT SUCCESS LOOKS LIKE?

In the first 12 months, success means owning the close process, audit, and investor reporting independently. By Year 2, the expectation is that you're driving process improvements, and beginning to manage junior resources or third-party relationships. Carry participation is tied to this trajectory.

COMPENSATION AND BENEFITS

The firm offers a competitive compensation package commensurate with experience, including:

• Total base salary range: $125,000 to $200,000 (commensurate with experience)

• Discretionary annual bonus tied to individual and firm performance. Carry opportunity for qualified candidates

• Comprehensive health, dental, and vision benefits

• 401(k)