Assistant Controller - Secondaries
Assistant Controller - Secondaries
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$ 110000 - 135000
1 Vacancy
Job Description
The Alternatives Finance Group serves as an intermediary between private equity portfolio managers and external partners including fund administrators auditors and tax professionals. The Assistant Controller is responsible for overseeing all aspects of fund reporting operations for multiple private equity funds across the Neuberger Berman platform as well as providing oversight of fund administrators in recording and reconciling transactions within the portfolio management and accounting systems. Additionally this position assists with the preparation of historical investment performance analyses financial statements and related reports. Private Equity is a rapidly growing business within Neuberger Berman with over $187 billion in AUM spanning fund of funds secondary investments co-investments and other strategies.
Responsibilities:
Serve as a key member of the finance team overseeing accounting and financial reporting for Neuberger Bermans Secondary Funds business
Support accounting and financial reporting oversight for Neuberger Bermans broader Private Equity platform
Oversee fund administrators responsible for preparing quarterly financial statements capital account statements capital calls and distribution notices
Review audited financial statements and related footnote disclosures
Review and analyze distribution waterfalls in accordance with fund legal documents
Review partnership and fund IRRs on a quarterly basis
Review management fee calculations
Collaborate with audit and tax professionals to support year-end audit and tax reporting processes
Prepare detailed cash projections for fund liquidity management
Partner with marketing to prepare LP-specific reporting and respond to prospective client RFPs
Work with investor relations to address LP inquiries
Complete various ad-hoc requests from senior management and portfolio managers
Support SEC and other regulatory compliance activities as needed
Qualifications:
Bachelors degree or higher in Accounting or Finance
Strong understanding of accounting principles fund accounting and financial reporting
47 years of accounting/finance experience; CPA preferred
Highly detail-oriented and organized
Ability to meet assigned deadlines
Excellent communication and interpersonal skills with a client-service orientation
Ability to operate independently with minimal supervision
Proficiency with Microsoft Office applications and email
Demonstrated ability to collaborate effectively with colleagues management and external partners to achieve results
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Compensation Details
The salary range for this role is $110000-$135000. 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 revenue-based 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
