Fund Controller (Private Equity)

Total Compensation is targeted at $175K - $250K. To be determined based on candidate's credentials, experiences, and potential value to the department / firm.

Fund Controller (Private Equity)

Position Overview

Our client is a highly regarded middle-market private equity firm—known for its disciplined investment approach and long-standing track record of partnering with founders and management teams. Currently, they are seeking to hire a Fund Controller to join its growing finance team. The firm specializes in buyouts and structured equity investments across various sectors in North America and manages a suite of closed-end private equity funds, co-investment vehicles, and related structures.

This is an ideal opportunity for a high-performing finance professional with 5-10 years of experience to step into a leadership role with direct exposure to senior management, investment teams, and limited partners. The Fund Controller will take ownership of all fund-level accounting, financial reporting, investor communications, and operational oversight, playing a critical role in supporting the firm’s continued growth and institutional excellence.

The role is designed for someone who is detail-oriented, proactive, and eager to build long-term career equity in a collaborative, performance-driven private equity environment.

Responsibilities will include (but not be limited to):

The Fund Controller will be responsible for managing the financial and operational activities of the firm’s private equity funds and related entities. This includes overseeing fund accounting, financial reporting, investor communications, and regulatory compliance. Specific responsibilities include:

• Managing day-to-day fund operations, including oversight of third-party fund administrators.
• Reviewing and approving capital calls, distributions, management fee calculations, and carried interest allocations.
• Leading the preparation and review of quarterly and annual fund financial statements in accordance with U.S. GAAP.
• Coordinating annual fund audits and managing relationships with external auditors.
• Ensuring compliance with partnership agreements, fund governing documents, and regulatory requirements.
• Overseeing the preparation and delivery of investor reporting, including capital notices, quarterly reports, and ad-hoc LP communications.
• Supporting fundraising and investor due diligence efforts by providing fund data and performance reporting.
• Partnering with investment teams on deal execution support, portfolio monitoring, and financial analysis.
• Driving process improvements, operational best practices, and technology enhancements across the finance function.
• Acting as a key liaison between senior leadership, external service providers, and internal stakeholders.

Qualifications

The successful candidate will bring a combination of technical expertise, operational leadership, and private equity fund experience, including:

• 5-10 years of relevant experience in fund accounting, fund administration, or public/private accounting with a focus on private equity or alternative investments.
• Deep knowledge of U.S. GAAP for investment funds, partnership accounting, capital call and distribution mechanics, management fee, and carried interest calculations.
• Prior experience with private equity fund structures, including commingled funds, co-investment vehicles, and closed-end partnerships.
• Strong proficiency in fund reporting systems, Excel, and financial reporting tools.
• Bachelor’s degree in Accounting, Finance, or related field required; CPA or progress toward CPA is strongly preferred.
• Excellent communication, analytical, and organizational skills, with a high attention to detail and accuracy.
• Proven ability to manage multiple priorities, meet deadlines, and work effectively with cross-functional teams.
• A collaborative, proactive, and accountability-driven work style, with the confidence to engage senior leadership and external partners.