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Controller

Credit Fund, Full-Time

New York, NY

$85,000 - $100,000 PLUS BONUS


The Role:

A credit fund with $300+ in AUM is looking to hire a Controller. The position will report directly to the CFO.  The firm would like to hire a first time Controller. This will be an opportunity to see all non-investment activities including accounting and operations.

Job  Description:

  • Oversee the overall operations of the fund including trade operations, trade break resolution, and oversight of financing and margin requirements.
  • Review the accounting treatment for all investments including bank debt (primarily term loans and revolvers), high yield bonds, convertible bonds, and equities.
  • Work with analysts/auditors/third party valuation agents to develop appropriate valuation methodologies to align with the requirements of a Qualified Professional Asset Manager. This includes serving as a member of the valuation committee and the review of the portfolio prior to the release of the monthly NAV.
  • Review taxable income, tax allocations, K-1’s, PFIC statements, and tax returns for the management company and the hedge fund group.
  • Interface with current and potential investors and conduct operational due diligence and marketing meetings.
  • Review and approve the funds’ month-end financial and investor statements while maintaining an internal shadow accounting system.
  • Manage the completion of the annual GAAP audited financial statements for the funds in partnership with auditors and fund administrator.

Required Skills:

  • 2 to 5 years of public accounting, fund administration or direct industry experience
  • Accounting degree required
  • Partnership accounting experience a plus
  • CPA or parts passed preferred
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