Fund Controller/Accountant - Retail Investor Funds ID-116
SUMMARY
The individual will be responsible for performing fund accounting and analysis functions for the firm’s Commingled Retail Investor Funds an SEC registered investment company operated as an interval fund, focused on generating attractive risk-adjusted returns and current income through a variety of infrastructure investments. This position reports to the Controller & Chief Accounting Officer (CAO) of the firm’s Commingled Retail Investor Funds.
This role will also be responsible for supporting fund financial operations as a core independent manager to a second interval fund focused on a variety of private equity secondary investments and co-investments. The individual will also be responsible for certain aspects of the accounting and financial reporting for the Funds’ Investment Advisor.
As an onsite/hybrid employee, you are expected to be in the office on Tuesdays, Wednesdays and Thursday.
RESPONSIBILITIES
- Perform the daily valuation process, coordinating with the GCM valuation and accounting teams, the third-party valuation firm, and the fund administrators, to ensure valuations updates are reflected in the daily net asset value of the Funds.
- Responsible for the day-to-day accounting and operations of the Funds including:
- Reconciling and recording of investment and investor activity.
- Preparation and oversight of the fund expense budget, monitoring of the expense cap as well as any reimbursements related to expense support payments due to the Advisor.
- Calculation and review of the daily management fee and quarterly payment due to the Advisor.
- Prepare daily NAV calculations as well as quarterly and annual NAV and financial statement packages, including investor reporting.
- Responsible for the semi-annual and annual fund financial reporting and periodic financial filings of the infrastructure interval fund (N-CSR, N-Port, etc.). Includes running a reporting calendar, managing fund service providers, and assisting with the annual fund audit.
- Preparation of monthly advisory entity financial statements prepared in accordance with US GAAP and under existing SOX regime requirements in accordance with GCM’s monthly accounting close calendar.
- Preparation of financial materials for the Board of Directors quarterly meeting.
- Manage recurring client deliverables, including standard ILPA and additional client-requested reporting.
- Manage, monitor, and provide guidance to the outsourced accounting provider(s).
- Collaborate with other teams throughout the firm, including tax, legal, treasury, client services, portfolio management, etc.
- Support investment and client relationship personnel on ad-hoc requests.
- Assist in preparation of financial statement audits and regulatory compliance reporting for the various partnerships and companies.
- Assist in special projects as requested.
EDUCATION, SKILLS AND EXPERIENCE REQUIREMENTS
- BA/BS in Accounting/Finance with outstanding academic credentials;
- 3 - 6 years of experience working for a financial services firm or top-tier accounting firm.
- CPA preferred.
- Accounting experience in managing mutual funds, private equity, hedge funds or similar types of alternative products.
- Experience working in the mutual fund industry and familiarity with the regulatory requirements of the Investment Company Act of 1940 and SEC regulations highly preferred.
- Experience with internal control compliance (SOX 404) a plus.
- Demonstrated team player, self-starter, and independent thinker with the ability to exercise excellent judgment.
- Proven ability to work in a fast-paced environment with a high level of flexibility, accuracy, and attention to detail.
- Ability to balance multiple concurrent tasks and effectively manage deadlines.
- Good written and verbal communication skills.
- Knowledge of Investran system is preferred, but not required.
