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  • Location: South Orange County, CA
  • $140000 base salary
  • Type: Direct Hire
  • Job #1192
  • Salary: $140,000 - $230,000

Title: VP Fund Controller

Industry: Financial Services – Investment Management

Location: South Orange County

Overview: Pacific Executive Search has been engaged on a search for a VP Fund Controller in South Orange County within the Investment Management industry. This role offers the opportunity to take on new responsibilities by leading the financial control of a subset of private credit funds and overseeing illiquid investment activity across diverse asset classes.

The candidate will have the option for remote/hybrid work, providing a better quality of life while managing the monthly NAV close process, fund treasury, and regulatory reporting. With a target range of 8-11 years of experience in financial accounting for alternative investment managers, this role offers the chance to implement accounting and reporting for various investment structures and asset classes. The candidate will work collaboratively with stakeholders, lead financial reporting efforts, and contribute to key client deliverables, showcasing their expertise in financial control and investment management.

Description:
**Responsibilities**

  • Lead the monthly NAV close process conducted by the Fund Administrator, focusing on complex/illiquid assets accounting, valuation, fee and expense review, and performance reporting.
  • Manage the investment closing process for illiquid assets, overseeing finance, treasury, accounting, and reporting functions. Collaborate with various stakeholders, including portfolio management, tax and legal professionals, operations team, and third-party Fund Administrator.
  • Conduct analysis on fund investment pipeline and liquidity.
  • Handle fund treasury responsibilities and forecast future fund cash flows for liquidity management, including capital calls, distributions, and coordination with the financing team.
  • Assist in designing and setting up investment structures for illiquid investments in collaboration with the tax and legal teams.
  • Effectively communicate with the Fund Administrator and other stakeholders to identify and resolve issues.
  • Contribute to managing and overseeing the Fund Administrator through SLAs/KPIs and site visits.
  • Control the fund expense process.
  • Oversee external audit, regulatory reporting, and other financial reporting requirements.
  • Ensure completion of various regulatory, debt covenant compliance, and other reporting requirements.
  • Manage financial information for key client deliverables, such as investor reports, capital statements, and annual audited financial statements.
  • Utilize internal and external resources to respond to client, prospective client, and client consultant requests for information in a timely and accurate manner.
  • Lead the coordination and project management of various Alternative Funds Finance team projects and initiatives.

**Qualifications**

  • 8-11 years of experience in financial accounting, audit, or finance function for an alternative investment manager with exposure to credit, real estate, private equity funds, or hedge funds.
  • Ability to implement accounting and reporting for investment structures across different asset classes.
  • Desire to understand transaction process flows and requirements, and develop processes to address complexities as they arise.
  • Exposure to private equity and hedge fund structures.
  • Experience with external audit processes and procedures.
  • Knowledge of accounting principles, including US GAAP and Investment Company Accounting.
  • Bachelor’s degree with a major in Accounting or Finance.
  • Active or Desired CPA license.
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