Controller, Fund Accounting

Los Angeles, California

Job SummaryKey ResponsibilitiesQualifications

Job Summary

The Family Office is seeking a Controller for Fund Accounting, responsible for overseeing all family office accounting, tax, and financial reporting functions for the family office, financial statement preparation and analysis for closely held entities to the family office, and the aggregation, compilation, andreview of financial statements from all other investments across the family office platform. This hybrid role combines fund accounting and management company responsibilities for private equity investments, supporting diverse business interests and high-value assets under the family office umbrella. Since the family office is a dynamic,entrepreneurial, and expanding business, you will have the opportunity to work closely with leaders across the under lying businesses and consistently be exposed to new lines of business and learning opportunities.The ideal candidateis detail-oriented, communicates effectively, technically proficient, highly analytical, intellectually curious, and a proactive problem solver who thrives in a fast-paced, dynamic environment.

Key Responsibilities

  • Financial Reporting and Accounting:
       
    • Lead month-end and year-end close processes, including journal entries, bank and balance sheet reconciliations, and revenue summaries.
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    • Prepare and analyze financial statements, NAV calculations, and quarterly performance reports for family office entities and investments.
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    • Manage fund accounting for investment portfolios, capital calls, distributions, and subscriptions.
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    • Compile and distribute monthly financial statements; research and resolve discrepancies in financial statements and respond to ad hoc requests.
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  • Tax and Compliance Management:
       
    • Oversee tax projections and planning for portfolio investments, optimizing tax positions globally.
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    • Coordinate tax filings, K-1s, and other regulatory requirements, ensuring timely and accurate submissions.
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    • Support internal control framework development and continuous process improvement for compliance with regulations.
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  • Cash Flow and Investment Management:
       
    • Monitor and manage cash flows, fund liquidity, and banking relationships, coordinating with the investment team to ensure funding for investments, expenses, and distributions.
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    • Oversee bank accounts, funding, and transfers for various family office entities.
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  • Audit and External Liaison:
       
    • Serve as the main point of contact for inquiries related to reconciliations, financial reporting, and account discrepancies.
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    • Liaise with external auditors, manage the annual audit process, and prepare financial statements and schedules as needed.
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    • Work closely with external auditors, custodians, fund administrators, and other third-party partners.
       
  • Team Collaboration:
       
    • Collaboratewith the senior management and family members to drive process improvements andenhance financial operation
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Qualifications

  • Bachelor’s degree in Accounting required; CPA preferred.
  • Minimum 10 years of accounting experience, ideally with exposure to fund, private equity, or investment accounting.
  • Experience in a family office or with varied business and investment portfolios preferred.
  • Strong knowledge of accounting software (e.g., Sage, QuickBooks, Genesis) and advanced proficiency in Microsoft Excel/Word.
  • High level of integrity, confidentiality, and professionalism.
  • Strong analytical and problem-solving skills with excellent verbal and written communication.