Private Equity Assistant Controller

CT Consulting has an immediate need for a Private Equity Assistant Controller located in New York, NY with our direct client.

CT Consulting is a leader in the staffing industry providing candidates on a national basis for contract, contract to hire, and direct hire engagements while maintaining the highest regard for people, integrity, and customer satisfaction. Our clients are comprised mostly of Fortune 1000 companies, primarily in the areas of Information Technology, Engineering, Professional, Accounting and Finance.

Please take a moment to review the job description. If this is something you are interested in, please send a copy of your resume to spaulson@act-info.com or contact me directly at 203-864-9047

Title: Private Equity Assistant Controller
Location: New York, NY
Duration: Direct Hire with exceptional benefits
Salary Range: base plus generous bonus

Description:
The Alternatives Finance Group acts as an intermediary between the private equity portfolio managers and external vendors including the fund administrators, audit, and tax professionals. The Assistant Controller will be responsible for all aspects of operations of the Fund reporting for various private equity funds.
The platform as well as providing oversight to the fund administrators in the process of
recording and reconciling transactions in the portfolio management and accounting system. In addition, the private equity finance professional will assist in the preparation of historical investment performance analysis, financial statements, and reports.
Private Equity is a rapidly growing business with over $90 billion of investor commitments across our private equity fund of funds, secondary investments, co-investment, and other investment areas.

Responsibilities:

• Member of the finance team responsible for the accounting and financial reporting oversight for Secondary Fund business
• Support a team responsible for the accounting and financial reporting oversight for Private Equity business
• Oversight of the Fund Administrator responsible for the preparation of the quarterly financial statements, capital account statements, capital calls and distribution notices
• Review of Audited Financial statements and footnote disclosures.
• Review and analyze distribution waterfalls based on fund legal documents
• Review partnership and fund IRRs on a quarterly basis
• Review management fee calculations
• ssist audit and tax professionals in year-end audit and tax reporting
• Prepare detailed cash projections for fund liquidity reporting
• ssist marketing in preparation of LP specific reporting and responses to prospective client RFP
• Work with investor relations to answer LP questions
• Various ad-hoc requests from senior management and portfolio managers
• ssist with SEC or other regulatory compliance as required

• Bachelor's or higher degree in Accounting or Finance
• Strong understanding of accounting theory and fund accounting and financial reporting
• 3+ years accounting/finance experience; CP plus, but not required
• Highly detail oriented and organized in work
• bility to meet assigned deadlines
• Excellent communication and interpersonal skills with a customer service focus
• bility to act and operate independently with minimal daily direction from manager to accomplish objectives
• bility to work cooperatively and collaboratively with all levels of employees, management, and external agencies to maximize performance, creativity, problem solving, and results.