Fund Controller

Title: Fund Controller Registered Private Credit Strategies ( NAV fund )

Location: New York City, NY (Onsite)

Duration: 12+ Months contract

Role Overview

The client is preparing to launch a groundbreaking 1940 Act registered closed-end private credit fund, offering daily liquidity to both accredited and non-accredited investors-marking a first-of-its-kind product within the group.

This role will report directly to senior leadership and play a pivotal role in managing SEC reporting and regulatory filings to ensure full compliance. As the funds grow, the candidate will also be responsible for building and leading a team, including hiring, training, and mentoring junior staff.

Ideal Candidate Profile

• Proven ability to thrive in a fast-paced, entrepreneurial environment.
• Strong work ethic and a proactive mindset.
• Motivated by the opportunity to build and optimize processes from the ground up.
• Experience with SEC reporting and regulatory compliance, preferably within registered fund structures.
• Leadership capabilities with a track record of team development and operational execution.

Key Responsibilities

• Fund Readiness & Knowledge Building
  
  : Develop a comprehensive understanding of existing fund structures, investments, operations, and reporting to effectively support the launch of the new registered private credit fund.
• Fund Launch Execution: Lead the launch of the 1940 Act registered closed-end fund, including implementation of technology platforms, establishment of internal controls, and development of accounting and operational policies. Document all processes in a formal operations manual for the new team.
• Regulatory Reporting & Compliance: Ensure timely and accurate submission of all SEC filings, including N-PORT, N-CEN, N-CSR, and semi-annual/annual reports, maintaining full compliance with regulatory requirements.
• NAV Oversight & Financial Reporting: Review daily NAV calculations and oversee monthly/quarterly close processes, including allocations, waterfalls, and fund performance metrics. Lead coordination with third-party service providers such as administrators, custodians, and valuation agents.
• Board & Investor Communications: Support the preparation of quarterly board materials, investor presentations, and other key reporting deliverables.
• Regulatory Monitoring: Collaborate with legal and tax teams to monitor compliance with SEC and IRS regulatory tests.
• Data Analysis & Portfolio Monitoring: Perform data analysis and reconciliation on large asset portfolios, ensuring compliance with portfolio quality and concentration thresholds.
• Fee Validation: Review and validate management and incentive fee calculations to ensure accuracy and consistency with fund terms.
• Liquidity & Leverage Oversight: Assist in liquidity planning, including cash flow forecasting, budgeting, and oversight of multiple credit facilities and compliance requirements.
• Investor Relations Support: Respond to investor inquiries related to fund performance, NAVs, tax matters, and other key topics.
• Credit Facility Management: Maintain oversight of fund credit facilities by interpreting legal agreements and maintaining a detailed understanding of underlying portfolio assets.
• Ad Hoc Support: Address various requests from senior leadership, portfolio managers, and investor relations teams, contributing to strategic initiatives and operational improvements.

Qualifications

• Bachelors or advanced degree in Accounting, Finance, or a related field; CPA designation strongly preferred.

  Looking to get Placed? Try our Placement Guarantee Plan

  Get Hired
• 7 12 years of progressive experience in accounting or finance, with a strong foundation in investment fund operations.
• Direct experience with SEC reporting for Registered Investment Companies is required.
• Solid understanding of credit-related investment products and structures.
• Familiarity with daily NAV fund operations is a plus.
• Highly detail-oriented, organized, and resourceful, with a commitment to accuracy and quality.
• Proven experience in designing and implementing new policies, procedures, and control frameworks.
• Strong time management skills with the ability to meet tight deadlines and perform under pressure.
• Demonstrated leadership experience, including managing and mentoring junior staff.