Controller- Specialty Finance POST NUMBER: 454408
Job Title: Controller – Specialty Finance
Location: Hybrid (3 days in office) – New York, NY
Compensation: $140,000–$185,000 base $60,000 bonus comprehensive benefits
Experience Level: 8–10 years preferred
Requirements: CPA and Big 4 experience required
A rapidly expanding alternative investment platform is seeking a Controller to join its Specialty Finance group. This business area focuses on private credit, lending to private equity–backed companies across the capital structure. The role involves oversight of accounting, valuation, and operational processes for complex fund structures. The ideal candidate has deep technical expertise, proven leadership in fund accounting, and a strong understanding of credit-related products and financing structures.
Key Responsibilities:
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Oversee accounting and financial reporting for Specialty Finance funds, including closed-end and evergreen structures
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Manage multiple credit facilities (subscription lines, NAV lines, ABLs), including daily trading activity and loan collections
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Prepare and review borrowing base certificates, covenant reports, draw requests, and paydowns
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Maintain lender relationships and ensure compliance with all credit facility agreements
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Perform portfolio-level data analysis, reconciliations, and compliance testing (e.g., quality and concentration ratios)
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Supervise fund administrators in preparing quarterly financials, capital calls, distribution notices, and capital account statements
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Review distribution waterfalls, IRRs, and management fee calculations
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Coordinate with auditors and tax professionals on year-end processes
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Prepare liquidity projections and support investor reporting, RFP responses, and LP inquiries
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Assist with SEC and other regulatory compliance as needed
Qualifications:
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Bachelor’s degree or higher in Accounting or Finance
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CPA required; Big 4 public accounting experience required (mix of public/private strongly preferred)
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8–12 years of progressive accounting/finance experience, ideally with exposure to private credit or specialty finance
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Strong understanding of fund accounting, financial reporting, and credit-related products
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Highly organized, detail-oriented, and able to work independently in a fast-paced environment
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Excellent communication and interpersonal skills, with a collaborative mindset
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Proficient with Microsoft Office; familiarity with loan settlement and trade reconciliation processes is a plus
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.
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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.
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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.