Private Equity Fund Controller Job at Northbound Search, New York, NY

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  • Northbound Search
  • New York, NY

Job Description

Job Title: Controller – Private Equity
Location: New York, NY
Department: Finance / Accounting
Reports To: CFO / Head of Finance
Employment Type: Full-Time

About the Role:

We are seeking a highly experienced Controller to lead the accounting, financial reporting, and operations for our private equity platform. This is a senior-level role responsible for overseeing the day-to-day fund and management company accounting, ensuring robust internal controls, and supporting strategic decision-making as the firm continues to scale.

This is an opportunity to join a firm known for its collaborative, inclusive, and high-integrity culture , where professionals are empowered to take ownership, grow their careers, and make a lasting impact. We foster a respectful, team-oriented environment that values transparency, curiosity, and continuous learning.

Key Responsibilities:

Fund Accounting & Operations

  • Oversee accounting and financial reporting for multiple private equity funds, including quarterly and annual financial statements, capital calls, distributions, and investor reporting.

  • Manage capital account maintenance and waterfall calculations in accordance with fund LPAs.

  • Coordinate audits, tax filings, and compliance with external auditors and tax advisors.

  • Ensure proper valuation processes for portfolio investments, working with the investment and valuation committees.

Management Company & Corporate Finance

  • Oversee all aspects of the management company’s financials, including budgeting, forecasting, and cash management.

  • Manage expense allocations between funds and management entities.

  • Monitor treasury functions, including capital activity and banking relationships.

Process & Systems Oversight

  • Lead the implementation or optimization of financial systems and tools (e.g., Investran, eFront, or similar).

  • Develop and maintain accounting policies, procedures, and internal controls.

  • Evaluate and improve operational workflows to support scalability and regulatory compliance.

Leadership & Strategic Support

  • Supervise and mentor a team of accountants and operations staff.

  • Partner closely with investor relations, compliance, legal, and deal teams on cross-functional initiatives.

  • Support fundraising, due diligence, and performance analytics for current and prospective LPs.

Qualifications:

  • Bachelor’s degree in Accounting, Finance, or related field; CPA required.

  • 5–8 years of relevant experience, including audit experience at a Big 4 public accounting firm and/or fund accounting at a private equity firm or fund administrator.

  • Deep understanding of fund structures, LPAs, waterfall modeling, and investment accounting.

  • Strong technical proficiency with Excel. 

  • Exceptional attention to detail, communication, and leadership skills.

Job Tags

Full time,

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