Assistant Controller POST NUMBER: 446446
Role: Assistant Controller
Salary: $140,000 - $170,000/annually
Location: New York City – On-site 5 days a week
About the Role: Our client is seeking a detail-oriented and proactive Assistant Controller to join their team. This role is ideal for someone with a strong background in accounting who thrives in a dynamic, fast-paced environment and enjoys working across a variety of operational and financial functions. This person MUST have a background in public accounting. A mix of public/private experience is ideal. CPA or CPA track.
Responsibilities:
- Generate and distribute daily performance summaries for a major client.
- Perform daily cash reconciliations between brokerage platforms and internal portfolio systems.
- Conduct monthly reconciliations for brokerage accounts tied to separately managed portfolios.
- Review and reconcile monthly NAV statements from fund administrators.
- Manage monthly bank reconciliations for the management company.
- Oversee the full cycle of accounts payable and receivable processes.
- Process vendor invoices and ensure timely payments.
- Support a recurring alternative investment reporting project for a high-net-worth client.
- Assist in the preparation and review of quarterly reports for managed accounts.
- Create and issue quarterly and annual billing schedules and invoices for both managed accounts and family office clients.
- Update valuations for alternative investments based on capital activity and fund statements.
- Prepare and distribute capital statements and investor letters for private equity vehicles.
- Draft annual financial statements and supporting documentation for fund audits.
- Coordinate with external auditors and compile necessary documentation for custody audits.
- Support the Controller with general ledger maintenance, journal entries, and account reconciliations.
- Generate ad-hoc financial reports for the research and portfolio management teams.
- Assist with trade execution and post-trade reconciliation for managed accounts.
- Investigate and resolve trade discrepancies between brokers and custodians.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related discipline; CPA or CPA track preferred.
- Minimum of 5 years of relevant experience within asset management, financial services, or public accounting.
- Public accounting experience is a must have.
- Solid understanding of GAAP and financial reporting standards.
- Proficiency with accounting platforms (e.g., QuickBooks, Advent, or similar).
- Advanced Excel capabilities, including financial modeling and data analysis.
- Strong analytical, organizational, and communication skills.
- Ability to manage multiple priorities independently and meet deadlines in a high-volume environment.
Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
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.