Controller, Fund Accounting
Our client, a private investment management firm, is seeking a Controller to take ownership of accounting and reporting for a sophisticated investment platform.
Location:
San Francisco, CA. This role is hybrid, with in-office expectations of three days per week.
Job Description:
This highly visible role will partner closely with senior finance leadership and develop deep expertise across fund structures, valuations, capital activity, and related investment operations. The ideal candidate brings strong fund accounting experience, independent judgment, intellectual curiosity, and an interest in using technology and automation to continually improve finance processes.
Responsibilities:
- Oversee and review fund accounting deliverables prepared by external administrators, including NAVs, fees, performance calculations, and supporting schedules
- Own quarterly fund reporting and support applicable regulatory and financial reporting requirements
- Review investment valuations and ensure appropriate application of fair value accounting guidance
- Monitor capital and cash activity across investment vehicles, including capital calls, distributions, subscriptions, and redemptions
- Develop a comprehensive understanding of fund structures, economics, allocations, and related accounting mechanics
- Review accounting methodologies, investigate complex matters, and provide guidance on appropriate treatment
- Maintain visibility across fund, management company, and general partner activity to identify issues and reporting dependencies
- Serve as a key review and approval resource across finance workflows while ensuring accuracy and appropriate controls
- Partner with finance leadership and external service providers to resolve complex fund accounting and operational matters
- Identify opportunities to improve processes through technology, automation, and more scalable workflows
Requirements:
- 8+ years of fund accounting experience, ideally with exposure to both open-ended and closed-end investment structures
- Strong knowledge of investment company accounting and fair value principles, including ASC 946 and ASC 820
- Experience reviewing complex fund accounting deliverables, valuations, NAV calculations, capital activity, and performance reporting
- Strong analytical judgment with the ability to independently research complex matters and develop well-supported conclusions
- Technology-forward mindset with a demonstrated willingness to adopt automation, emerging tools, and new approaches to finance processes
Compensation:
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 certifications;
- Office location and other geographic considerations;
- Other business and organizational needs.
With that said, as required by local law in geographies that require salary range disclosure, Vaco by Highspring notes that the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company's 401(k) retirement plan.
By submitting to this position, you are agreeing to be included in our talent pool for future hiring for similarly qualified positions.