What are the responsibilities and job description for the Fund Controller position at Vaco by Highspring?
Client - Financial Services
Title - Fund Controller
Salary- 185,000-$245,000
Location - NYC
Job Description- Title - Fund Controller
Key Responsibilities
- Collaborate with internal stakeholders to understand and support the management of loan portfolios, including acquisition, disposition, and financing strategies.
- Exercise sound judgment to work independently while escalating issues when appropriate.
- Manage monthly and quarterly financial reporting processes, including:
- Reviewing transactional activity
- Recalculating management fees and performance allocations
- Reviewing financial statements and partner capital reports prepared by third-party administrators
- Support treasury functions such as:
- Cash flow and liquidity monitoring
- Fund disbursement approvals
- Vendor payments
- Calculating and processing capital calls and distributions
- Coordinate with operations teams to reconcile servicing and reporting data.
- Oversee loan facilities, including:
- Submitting draw requests
- Processing payments
- Monitoring compliance with loan terms
- Analyze investment performance, including:
- Calculating internal rates of return (IRRs)
- Investment multiples
- Time-weighted returns
- Review partnership and other legal agreements to confirm compliance with terms related to fees, allocations, and expenses.
- Prepare responses to investor and internal information requests, both recurring and ad hoc.
- Interpret and manage complex fund structures, including master-feeder arrangements and blocker entities.
Qualifications - 8-12 years of relevant experience in accounting and finance
- CPA preferred
- Bachelor's degree in Accounting (required)
- Experience at a major public accounting firm (e.g., Big Four) combined with in-house finance experience
Salary : $185,000 - $245,000
