Assistant Controller, Private Funds
Assistant Controller, Private Funds
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$ 150000 - 170000
1 Vacancy
Job Description
Position Overview:
The Assistant Controller will be primarily responsible for overseeing the day-to-day accounting functions for the Firms business development companies (BDCs). The Firm is a dynamic high growth organization which currently includes 20 close private investment funds across multiple domiciles and BDCs. We are seeking a candidate to join our growing team with a proven ability to work collaboratively with groups across an organization and with outside service providers to direct appropriate information flow and effectively manage reporting deadlines.
Duties and Responsibilities:
- Manage the coordination preparation and review of SEC reporting that would include the following:
-Quarterly 10-Q and annual 10-K
-Frequent 8-Ks and associated reporting for debt facilities share issuances tender offerings dividend announcements
-Proxy Process
-Additional ad-hoc SEC reporting
- Oversee the preparation of accounting support packages and coordination with the 3rd party fund administrator including operating expenses and account reconciliations
- Perform manager level review and sign off on the monthly/quarterly trial balances prepared by 3rd party fund administrator and identify and resolve issues
- Perform manager level review over disclosure support schedules prepared by the 3rd party fund administrator
- Support the BDC performance forecasting process and other various presentations to the Portfolio Managers Leadership ad Board of Directors
- Support the Investor Relations team with investor reporting and coordination and execution of operational needs with our transfer agent
- Coordinate with the operations and investment accounting team to ensure accuracy of Wall Street Office system data utilized in accounting support packages
- Annual audit coordination and assistance in the preparation and review of audit financial statements
- Oversee the preparation of support schedules for tax reporting and compliance
- Develop talent and continue to drive efficiencies through process improvements
- Assist with training and management of fund accounting team
- Support Ad-hoc internal and external reporting
Qualifications:
- Minimum 6 years of relevant experience
- Bachelors degree in accounting/finance CPA is a plus
- Ideal candidate background would include:
-Experience in public accounting (audit)
-Progressive experience with a company
-SEC reporting exposure with public investment vehicles
-Experience with private and retail funds
-Experience with fixed income products
-Experience working with Workiva or similar financial reporting/filing tool
-Strong ability / knowledge of Microsoft Excel Functions
- Previous exposure to Wall Street Office bank loan system is a plus
- A detail-oriented self-starter who enjoys a dynamic fast-pace work environment at a growing company
Physical Requirements
- Sitting: Frequently (approximately 7080% of the workday)
- Required for computer work phone communication and administrative tasks.
- Standing and Walking: Occasionally (approximately 20-30% of the workday)
- May be required for filing retrieving documents or walking between departments or meeting rooms.
- May be required to walk between Monroe offices located on different floors in the building
- May be required to use a step-stool to access supplies
- Lifting/Carrying: Occasionally
- Must be able to lift and carry items such as office supplies boxes of paper or small equipment (typically up to 20 pounds).
- Reaching/Bending: Occasionally
- Required when organizing supplies accessing low or high shelves or setting up meeting rooms.
- Typing/Keyboard Use: Frequently
- Daily use of computer keyboard mouse and other office equipment is required.
- Vision and Hearing: Frequently
- Adequate vision for reading reports emails and spreadsheets.
- Adequate hearing for phone conversations and verbal communication in meetings.
- Speaking: Frequently
- Must be able to communicate clearly with staff vendors and external partners.
Compensation: It is expected that the base salary range for this position will be $150000-$170000. Actual salaries may vary based on factors such as skills experience and qualifications for the role. The total compensation package for this position may also include other elements and discretionary awards in addition to a full range of medical financial and / or other benefits (including 401(k) eligibility and various paid time off benefits such as vacation sick time and parental leave) dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired the employee will be in an at-will position and the Firm reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time including for reasons related to individual performance Firm or individual department / team performance and market factors.
Disclaimer: The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time as needed.
About Monroe Capital
Monroe Capital LLC (Monroe) is a premier asset management firm specializing in private credit markets across various strategies including direct lending technology finance venture debt alternative credit solutions structured credit real estate and equity. Since 2004 the firm has been successfully providing capital solutions to clients in the U.S. and Canada. Monroe prides itself on being a value-added and user-friendly partner to business owners management and both private equity and independent sponsors. Monroes platform offers a wide variety of investment products for both institutional and high net worth investors with a focus on generating high quality alpha returns irrespective of business or economic cycles. The firm is headquartered in Chicago and has 11 locations throughout the United States Asia and Australia.
Monroe has been recognized by both its peers and investors with various awards including Private Debt Investor as the 2024 Lower Mid-Market Lender of the Year Americas and 2023 Lower Mid-Market Lender of the Decade; Inc.s 2024 Founder-Friendly Investors List; Global M&A Network as the 2023 Lower Mid-Markets Lender of the Year U.S.A.; DealCatalyst as the 2022 Best CLO Manager of the Year; Korean Economic Daily as the 2022 Best Performance in Private Debt Mid Cap; Creditflux as the 2021 Best U.S. Direct Lending Fund; and Pension Bridge as the 2020 Private Credit Strategy of the Year. For more information and important disclaimers please visit .
Employment Type
Full-Time
