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Petra Funds Group · 2 months ago

Management Company - Controller

New York

Full-time

Hybrid

Senior Level, Lead/Staff

$122K/yr - $183K/yr

8+ years exp

Petra Funds Group is a provider for fund administration and infrastructure needs for Private Equity and Debt Funds. The Management Company Accounting Controller leads a team to ensure accurate financial reporting and high-quality service delivery while mentoring junior staff and managing client relationships.

FinanceFinancial ServicesFunding Platform

Responsibilities

Lead a team of 3-5 professionals supporting multiple clients with all aspects of Management Company Accounting

Lead client meetings as needed

Serve as main point of contact and senior member of client engagements, driving accuracy, consistency, timeliness, and structure

Plan and execute client onboardings and transitions

Create and configure new environments within accounting platform as necessary

Review and reconcile historical data during transitions

Prepare closing calendars and meeting agendas

Review calculations and allocations of Revenues and Expenses as appropriate

Review and/or prepare client financial statements and supporting workbooks

Review and/or prepare client wire transfers and vendor payments as needed

Review and/or prepare Portfolio Company invoices for reimbursement

Support annual audit & 1099 processes for clients

Manage, mentor, and develop junior staff focusing on timely & accurate service delivery and career & skillset development

Qualification

Bachelor’s degree in accounting8-10 years’ experiencePrivate Equity knowledgeManagement Company experienceAccounting systems knowledgeFinancial statements preparationInternal controls establishmentDesire to learnTeam management experienceOrganizational skillsCommunication skillsTime management skills

Required

Bachelor's degree in accounting

8-10 years' Experience preferably at Alternative Asset Management firm

Working knowledge of Private Equity industry

Previous Management Company Experience

Solid understanding of accounting close cycle and underlying processes & concepts around General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, and T&E

Deep knowledge of accounting systems; prior experience with Sage Intacct a plus

Prior experience preparing stand-alone and consolidated financial statements

Experience establishing and operating sound internal controls that mitigate risk for the firm and its clients

Previous team management experience

Strong organizational and communication skills

Desire to support external clients, excellent time management skills and the ability to work on multiple client engagements concurrently

Outgoing personality with a strong team and firm first mentality

Desire to learn and progress professionally as well as to further the development of others on the team

Benefits

90% covered medical, dental, and vision insurance premiums to help you stay healthy without financial strain.

Fully funded Health Savings Account (HSA) employer contributions up to the IRS maximum — available to employees enrolled in our high-deductible health plan.

401(k) employer match at 100% of your contributions up to 5% of compensation, with immediate vesting, so you start building long-term savings right away.

Flexible paid time off to recharge, travel, or take care of what matters most.

Generous holiday calendar to ensure you have time to rest, reflect, and celebrate throughout the year.

Hybrid work environment that offers flexibility and supports work-life balance.

Certified Great Place to Work®, based on direct employee feedback about our culture, trust, and workplace experience.