Job Description
Vice President, Fund Controller
Fund Controller: This position is focused on our hybrid private equity fund. Key areas include the review of the monthly close, calculation of management and incentive waterfall, annual fund’s financial statement review, and reviewing capital call/distribution notices.
Responsibilities
- Participate in the year end audit and ensure audit deliverables are met
- Perform detailed financial statement reviews, tie-outs to supporting work papers, and provide value added comments
- Liaise with internal resources (Investor Relations, Middle Office, Tax, Legal, etc.), fund administrator and external auditors to ensure we meet our monthly, quarterly and annual reporting deadlines
- Ability to work with administrator and ensure we reconcile with the prime broker
- Preparing and/or reviewing fee calculations including (but not limited to) management fees and incentive fees
- Review valuations and pricing analysis provided by third party valuation agent
- Review investor capital activity and capital call/distribution notices
- Review investor funded and unfunded commitments
- Prepare/review partner allocations and ensure waterfall calculations are in accordance with fund documents
- Review quarterly unaudited financial statements for multiple SPVs
- Review quarterly regulatory reporting (Form PF, AIFMD, etc)
- Prepare month end gross/net estimates and provide commentary for drivers
- Create documentation for fund processes / policies and procedures
- Enhance, automate and streamline work processes
- Detail oriented team player
- Ability to work in a fast paced environment
- Conduct review of monthly Fund NAV packages released by the fund administrator
Job Requirements
- 7 to 10 years of private equity fund accounting/hedge fund accounting experience
- Deep understanding of private equity accounting including waterfall calculations, IRR, and complex fund structures
- Familiarity with leverage facilities and borrowing base calculations preferred
- Some exposure to hedge fund accounting desired, but willing to train
- CPA preferred, but not required
- MS Office, with strong Excel skills
- Strong Communication skills, including the ability to face off with external clients and senior management
Primary Location Full Time Salary Range of $130,000 - $200,000.
The salary offered will take into consideration an individual’s experience level and qualifications. In addition to salary, Jefferies offers, for eligible employees, an annual discretionary incentive and retention bonus, competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Jefferies also offers paid time off packages that include planned time off (vacation), unplanned time off (sick leave), and paid holidays and paid parental leave.
About Us
Jefferies Financial Group Inc. (‘‘Jefferies,’’ ‘‘we,’’ ‘‘us’’ or ‘‘our’’) is a U.S.-headquartered global full service, integrated investment banking and securities firm. Our largest subsidiary, Jefferies LLC, a U.S. broker-dealer, was founded in the U.S. in 1962 and our first international operating subsidiary, Jefferies International Limited, a U.K. broker-dealer, was established in the U.K. in 1986. Our strategy focuses on continuing to build out our investment banking effort, enhancing our capital markets businesses and further developing our Leucadia Asset Management alternative asset management platform. We offer deep sector expertise across a full range of products and services in investment banking, equities, fixed income, asset and wealth management in the Americas, Europe and the Middle East and Asia.
At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.
Jefferies is committed to creating and sustaining a diverse workforce and encourages applicants from all backgrounds to apply. This includes applicants from historically underrepresented groups, including women, racial and ethnic minorities, members of the LGBTQ+ community, military veterans, and individuals with disabilities or who are neurodiverse.
Jefferies is an equal employment opportunity employer, and takes affirmative action to ensure that all qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, ancestry, religion, gender, pregnancy, age, physical or mental disability, marital status, sexual orientation, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with disabilities, as required by applicable law.
About Us
Jefferies Financial Group Inc. (‘‘Jefferies,’’ ‘‘we,’’ ‘‘us’’ or ‘‘our’’) is a U.S.-headquartered global full service, integrated investment banking and securities firm. Our largest subsidiary, Jefferies LLC, a U.S. broker-dealer, was founded in the U.S. in 1962 and our first international operating subsidiary, Jefferies International Limited, a U.K. broker-dealer, was established in the U.K. in 1986. Our strategy focuses on continuing to build out our investment banking effort, enhancing our capital markets businesses and further developing our Leucadia Asset Management alternative asset management platform. We offer deep sector expertise across a full range of products and services in investment banking, equities, fixed income, asset and wealth management in the Americas, Europe and the Middle East and Asia.
At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.
Jefferies is committed to creating and sustaining a diverse workforce and encourages applicants from all backgrounds to apply. This includes applicants from historically underrepresented groups, including women, racial and ethnic minorities, members of the LGBTQ+ community, military veterans, and individuals with disabilities or who are neurodiverse.
Jefferies is an equal employment opportunity employer, and takes affirmative action to ensure that all qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, ancestry, religion, gender, pregnancy, age, physical or mental disability, marital status, sexual orientation, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with disabilities, as required by applicable law.
