Controller

Start-up Private Equity firm in Fairfield County, CT seeks to hire a Controller with strong PE and Management Company accounting experience who will play a major role in the building of the firm.

Reporting to the COO, the firm is looking for applicants with the ability and drive to become their CFO.

Some responsibilities include, but are not limited to: Prepare work paper files including investment activity, management fee calculations, IRR calculation, unrealized/realized waterfall calculations, etc.

Review fund reimbursable expenses Prepare capital call and distribution calculations, sources/uses of cash, allocations, and investor notices Prepare fund financial statements with footnotes and supporting schedules Prepare partner allocations and capital account statements Understand/review of LPAs, purchase/sales agreement, side letters, etc.

Responsible for investor and partner queries (i.e.

audit confirmation, investor cash flow, IRR analysis, etc.) Cash Management and Operations: Facilitate and monitor cash movements; cash forecasting and budgeting Prepare funding memos for investment purchase, fund expense payment, etc.

Assist with Ad hoc financial analysis for client Portfolio Accounting: Track portfolio company transactions (purchases, income, liquidity) Understand complex investment structures (hold co’s blockers, tax withholding, etc.) Calculate investment IRR Job Requirements: Bachelor’s degree in Accountancy or related field, CPA preferred 5 years of experience in PE or as an auditor (for Controller); 8 years of experience in PE with audit experience (for Senior Controller) Strong Excel and data analytical skills Experience with waterfall calculations Basic knowledge of Level 3 valuation methodologies Experience with audit process, including internal control and test of details Knowledge of US GAAP with an emphasis on investment partnerships