Assistant Fund Controller POST NUMBER: 305691
Company: Investment Manager – Private Credit
Role: Assistant Controller – Fund Finance
Salary: $120,000 - $150,000/annually bonus
Location: New York City – 5 days a week onsite
About the Role: Our client, an alternative asset manager in the private credit and lending space, is seeking an Assistant Fund Controller to support the accounting, reporting, and operational finance activities of a growing alternative investment platform. This role offers broad exposure across fund accounting, financial reporting, valuation support, and business operations, making it an excellent opportunity for someone looking to build a long-term career within private markets.
The ideal candidate will be a hands-on accounting professional who enjoys working in a collaborative environment and is interested in gaining exposure to the investment management industry. This position will partner closely with finance leadership and external service providers while supporting a variety of accounting, reporting, and analytical initiatives. Fund accounting experience in private credit or private equity highly preferred.
Responsibilities:
- Support the monthly, quarterly, and annual close processes for investment vehicles and related entities
- Assist with fund accounting activities, including investor transactions, capital activity, allocations, and financial reporting
- Review and reconcile accounting records, investment activity, and supporting schedules
- Coordinate with third-party administrators, auditors, tax advisors, and other service providers
- Assist with valuation support, portfolio reporting, and financial analysis activities
- Prepare financial statements, management reports, and investor reporting deliverables
- Support budgeting, forecasting, and financial planning activities for the management company
- Participate in audit, tax, and compliance-related projects
- Help improve accounting processes, reporting workflows, and internal controls
- Contribute to special projects and operational initiatives as the organization continues to grow
Qualifications:
- Bachelor's degree in Accounting, Finance, or a related field
- CPA preferred but not required
- Experience in fund accounting, fund administration, public accounting, investment management, private equity, private credit, hedge funds, or related financial services environments
- Understanding of investment fund structures, capital activity, and investor reporting
- Experience working with fund administrators or other external service providers is highly desirable
- Strong accounting, analytical, and organizational skills
- Advanced Excel skills and experience working with financial data
- Ability to manage multiple priorities in a fast-paced environment
- Strong attention to detail and a willingness to take ownership
- Interested in building a career within private markets, alternative investments, or fund finance
- Comfortable working on a lean, collaborative team
- Enjoys a blend of accounting, reporting, and analytical responsibilities
- Fund administration or investment fund accounting experience is a strong plus
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For residents of Ontario, Canada: Based on Highspring’s discussions with its Client, Highspring’s understanding is that this position for employment is a current vacancy (either through Highspring as a contractor or with the client directly).
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Additionally, submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. More details about Vaco by Highspring’s use of AI can be found here (https://www.highspring.com/ai-use-notices/). Further assessment of candidates beyond this initial phase will be conducted by recruiters and hiring managers. Vaco by Highspring does not know and cannot opine on if its client’s use of AI products in hiring.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.