Management Company - Controller

Petra Funds Group is a single source provider for the fund administration and fund infrastructure needs of Private Equity and Debt Funds. At Petra, we enable fund managers to focus on the tasks that add the most value to their businesses and leave the rest to us.

Petra is made up of highly experienced professionals across the US and Europe. In a business where accuracy and timeliness are paramount, having a deep bench who have spent years working inside of asset managers is what truly differentiates us.

Our foundation is built on trust, experience, and uncompromising accuracy. Our people are experts. We work collaboratively. We are relentless in our process and put attention to detail first.

The Management Company Accounting Controller leads a small team supporting multiple private fund clients with full-service management company accounting. This senior client-facing role oversees the accuracy and timeliness of financial reporting, manages onboarding and transitions, and ensures consistent, high-quality service delivery across engagements. The Controller is responsible for reviewing management company financial statements, expense allocations, and vendor payments, as well as supporting annual audits and compliance processes. In addition to hands-on technical oversight, the role includes significant leadership responsibilities — mentoring and developing junior staff while serving as the main point of contact for clients and internal stakeholders.

Responsibilities

• Lead a team of 3-5 professionals supporting multiple clients with all aspects of Management Company Accounting
• Lead client meetings as needed
• Serve as main point of contact and senior member of client engagements, driving accuracy, consistency, timeliness, and structure
• Plan and execute client onboardings and transitions
• Create and configure new environments within accounting platform as necessary
• Review and reconcile historical data during transitions
• Prepare closing calendars and meeting agendas
• Review calculations and allocations of Revenues and Expenses as appropriate
• Review and/or prepare client financial statements and supporting workbooks
• Review and/or prepare client wire transfers and vendor payments as needed
• Review and/or prepare Portfolio Company invoices for reimbursement
• Support annual audit & 1099 processes for clients
• Manage, mentor, and develop junior staff focusing on timely & accurate service delivery and career & skillset development
  
  

Qualifications

• Bachelor’s degree in accounting
• 8-10 years’ Experience preferably at Alternative Asset Management firm
• Working knowledge of Private Equity industry
• Previous Management Company Experience
• Solid understanding of accounting close cycle and underlying processes & concepts around General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, and T&E
• Deep knowledge of accounting systems; prior experience with Sage Intacct a plus
• Prior experience preparing stand-alone and consolidated financial statements
• Experience establishing and operating sound internal controls that mitigate risk for the firm and its clients
• Previous team management experience
• Strong organizational and communication skills
• Desire to support external clients, excellent time management skills and the ability to work on multiple client engagements concurrently
• Outgoing personality with a strong team and firm first mentality
• Desire to learn and progress professionally as well as to further the development of others on the team
  
  

Salary RangeAt Petra Funds Group, we are committed to transparency and equity in our hiring practices. The compensation range for this position is $122,000 - $183,000 per year. This range represents the base salary only. Actual pay will depend on factors such as qualifications, experience, and skills.

How We Care

We believe people do their best work when they feel supported — personally and professionally. That’s why we offer a comprehensive benefits package that reflects our commitment to your well-being. Our perks include:

• 90% covered medical, dental, and vision insurance premiums to help you stay healthy without financial strain.
• Fully funded Health Savings Account (HSA) employer contributions up to the IRS maximum — available to employees enrolled in our high-deductible health plan. *
• 401(k) employer match at 100% of your contributions up to 5% of compensation, with immediate vesting, so you start building long-term savings right away.
• Flexible paid time off to recharge, travel, or take care of what matters most.
• Generous holiday calendar to ensure you have time to rest, reflect, and celebrate throughout the year.
• Hybrid work environment that offers flexibility and supports work-life balance.
• Certified Great Place to Work®, based on direct employee feedback about our culture, trust, and workplace experience.
• Funded amount is prorated for new hires.
  
  

What We’re Proud Of

We’re proud of many milestones, but we’re especially honored by the recognition we’ve received for our workplace experience:

• Certified Great Place to Work®, based on direct feedback from our employees about trust and overall culture.
• Fortune Best Medium Workplaces™ and Best Financial Services & Insurance Workplaces™, highlighting our commitment to building an environment where people thrive.