VP Finance/Assistant Controller, Private Equity

Firm: $3B+ AUM PE Fund

Title: VP of Finance & Controller

Reporting to: COO

The responsibilities of the position will include, but will not be limited to:

• Oversees budgeting, forecasting, fund / management company accounting and cash management of firm, its funds and portfolio investments to ensure accurate reporting, interpretation and analysis of financial results

• Manages day-to-day financial operations that includes, but is not limited to, month/year-end close, accounts receivable & payable, financial reports, payroll, invoicing, cash receipts and disbursements

• Development of reporting package for the portfolio companies and funds, including collection of portfolio company metrics, and regular reporting of these metrics

• Oversees accounting system and reviews and approves monthly cash and position reconciliations performed by fund administrator

• Oversees the completion of timely financial statements prepared in accordance with GAAP (including monthly, quarterly and annual reports) and reports on transactions and/or information requests from lenders and investors

• Reviews quarterly valuations of each portfolio investment for compliance with firms valuation policy and submits valuations for approval to the Valuation Committee

• Periodically reviews and proposes updates to valuation policy

• Manages and supports the preparation of the annual consolidated audit and tax returns and reviews and approves all investor K-1s

• Reviews and approves expense reports and invoices

• Establishes and maintains controls to safeguard company assets; documents and recommends improvements to internal financial policies and procedures, including financial risk management and anti-money laundering policies and procedures

• Creates fund model that calculates fund capital calls and distributions, including calculation of management fees, operating expenses, transaction expenses, and other items that may impact such contributions and distribution in compliance with fund operating agreements and policies

• Reviews and approves calculation of management fees and capital calls and distributions in compliance with fund operating agreements and policies, and manages procedures for drawdowns from credit facilities and capital calls and distributions

• Provides useful financial insights to the Investment Committee in helping to make better decisions about formulating and executing firms investment strategy, including capital markets transactions

• Drives the annual budget process for firm

• Manages reporting for loans and lender related obligations and lender relationships

• Participates in SEC compliance and reporting process

• Participates in meetings of the Valuation, Conflicts and Operations Committees

• Assists team with fundraising diligence and meetings

Requirements:

• 4 - 8+ years from a Private Equity fund or public accounting
• CPA or CFA preferred

Job ID# - 42532