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Neuberger Berman · 15 hours ago

Assistant Controller – Private Equity & Credit

New York, NY

Full-time

Hybrid

Mid, Senior Level

$110K/yr - $135K/yr

5+ years exp

Neuberger Berman is a rapidly growing group within the private equity sector, managing over $90 billion in investor commitments. The Assistant Controller will be responsible for managing finance and accounting work streams, overseeing financial reporting and compliance for Pre IPO equity and credit funds.

BankingBusiness DevelopmentFinanceFinancial Services

Culture & Values

No H1B

U.S. Citizen Only

Responsibilities

Member of the finance team responsible for the accounting and financial reporting oversight for Pre IPO equity and credit funds

Oversight of the Fund Administrator responsible for the preparation of the quarterly financial statements, capital account statements, capital calls and distribution notices

Oversight and compliance of fund credit facilities by accurately comprehending and interpreting the agreement, while maintaining a thorough knowledge of the assets in the portfolio

Review and analyze distribution waterfalls based on fund legal documents

Review partnership and fund IRRs on a quarterly basis and prepare ad hoc calculations

Review management fee calculations

Assist audit and tax professionals in year-end audit and tax reporting

Prepare detailed cash projections for fund liquidity reporting

Assist marketing in preparation of LP specific reporting and responses to prospective client RFP

Work with investor relations to answer LP questions

Various ad-hoc requests from senior management and portfolio managers

Assist with SEC or other regulatory compliance as required

Qualification

Accounting theoryFund accountingFinancial reportingCPA certificationCredit products experienceCustomer service focusMicrosoft Office proficiencyDetail orientedCommunicationOrganizational skills

Required

Bachelor's or higher degree in Accounting or Finance

Strong understanding of accounting theory and fund accounting and financial reporting

5 - 8 years of accounting/finance experience; CPA a plus, but not required

Experience with credit related products, including loan settlement and trade reconciliations is a plus

Highly detail oriented and organized

Ability to meet assigned deadlines

Excellent communication and interpersonal skills with a customer service focus

Ability to act and operate independently with minimal daily direction from manager to accomplish objectives

Proficiency with email and Microsoft Office applications

Ability to work cooperatively and collaboratively with all levels of employees, management, and external agencies to maximize performance, creativity, problem solving, and results