Assistant Controller - Private Equity
Assistant Controller - Private Equity
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$ 110000 - 130000
1 Vacancy
Job Description
NB Alternatives Private Equity is a rapidly growing group within Neuberger Berman with over c. $135 billion of investor commitments across our private equity fund of funds secondary investments coinvestment and direct investment areas including private debt.
The Alternatives Finance Group acts as an intermediary between the private equity portfolio managers and external vendors including the fund administrators audit and tax professionals. The Assistant Controller will be responsible for all aspects of operations of the Fund reporting for various private equity funds across the Neuberger Berman platform as well as providing oversight to the fund administrators in the process of recording and reconciling transactions in the portfolio management and accounting system. In addition the private equity finance professional will assist in the preparation of historical investment performance analyses financial statements and reports.
Responsibilities:
Member of the finance team responsible for the accounting and financial reporting oversight for Neuberger Bermans Japan Mandate business
Support a team responsible for the accounting and financial reporting oversight for Neuberger Bermans Private Equity business
Oversight of the Fund Administrator responsible for the preparation of the quarterly financial statements capital account statements capital calls and distribution notices
Review of Audited Financial statements and footnote disclosures.
Review and analyze distribution waterfalls based on fund legal documents
Review partnership and fund IRRs on a quarterly basis
Review management fee calculations
Assist audit and tax professionals in yearend audit and tax reporting
Prepare detailed cash projections for fund liquidity reporting
Assist marketing in preparation of LP specific reporting and responses to prospective client RFP
Work with investor relations to answer LP questions
Various adhoc requests from senior management and portfolio managers
Assist with SEC or other regulatory compliance as required
Qualifications:
Bachelors or higher degree in Accounting or Finance
Strong understanding of accounting theory and fund accounting and financial reporting
4 8 years accounting/finance experience; CPA a plus but not required
Highly detail oriented and organized in work
Ability to meet assigned deadlines
Excellent communication and interpersonal skills with a customer service focus
Ability to act and operate independently with minimal daily direction from manager to accomplish objectives
Proficiency with email and Microsoft Office applications
Ability to work cooperatively and collaboratively with all levels of employees management and external agencies to maximize performance creativity problem solving and results
Compensation Details
The salary range for this role is $110000$130000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range and the range may be modified in the future. This range is only applicable for jobs to be performed in the job posting location. An employees pay position within the salary range will be based on several factors including but limited to relevant education qualifications certifications experience skills seniority geographic location business sector performance shift travel requirements sales or revenuebased metrics market benchmarking data any collective bargaining agreements and business or organizational needs. This job is also eligible for a discretionary bonus which along with base salary and retirement contributions is part of our total comprehensive package. We offer a comprehensive package of benefits including paid time off medical/dental/vision insurance 401(k) life insurance and other benefits to eligible employees.Note: No amount of pay is considered to be wages or compensation until such amount is earned vested and determinable. The amount and availability of any bonus commission production or any other form of compensation that are allocable to a particular employee remains in the Companys sole discretion unless and until paid and may be modified at the Companys sole discretion consistent with the law.
Neuberger Berman is an equal opportunity employer. The Firm and its affiliates do not discriminate in employment because of race creed national origin religion age color sex marital status sexual orientation gender identity disability citizenship status or protected veteran status or any other characteristic protected by local state or federal laws rules or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process please contact .
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Employment Type
Full-Time
