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HarbourVest Partners · 1 day ago

Assistant Controller

Boston, MA

Full-time

Hybrid

Senior Level, Lead/Staff

$145K/yr - $210K/yr

8+ years exp

HarbourVest Partners is a global firm dedicated to delivering impactful solutions to clients and investing partners. The Assistant Controller will oversee financial analysis, accounting, taxation, and treasury functions while ensuring compliance with GAAP and engaging with external auditors and service providers.

Asset ManagementFinanceFinancial ServicesVenture Capital

Growth Opportunities

H1B Sponsor Likely

Responsibilities

Responsible for month/quarter end pricing, financial reporting, and accounting of Fund’s with understanding of the underlying investments

Review of quarterly rebalance template, concept and mechanics

Review of management fees, incentive fees and deal by deal carry calculations

Review quarterly/annual financial statements are in accordance with US GAAP, Lux GAAP and other local GAAP as needed

Understand fund structures, underlying investments profiles, promotes and Fund’s governing agreements

Conduct technical accounting research and ensure appropriate application to Fund and underlying investments

Heavy interaction with third party fund administrator, external auditors, tax advisers and other professional service providers

Audit coordination with external service providers, key contact/owner

Coordination with Fund level debt closing and reporting. Prepare and/or review covenant analyses for third party debt/line of credit

Coordination with Tax Advisers on tax provision – current and deferred

Working knowledge of SOC 1 reports and controls

Prepare Fund’s cash flow analysis, available cash, sources, and uses of liquidity

Oversight and management of Fund’s available operating cash

Review/coordination of payments with HVP Treasury and Fund Administrator

Review/coordination with internal Director of Operations and Portfolio Management team to assess Fund’s different sources and uses of liquidity

Prepare and review quarterly expense accruals and intercompany expenses

Understand component of Fund’s and underlying investment performance metrics

Prepare and review Fund return/performance analyses, break down fund performance to assist/field client, portfolio management and/or consultant inquires

Review calculations of retrocession, placement fees and rebates

Develop and maintain relationships for all internal and external partners

Field questions and run/discuss analyses for the Fund’s Portfolio Management and Controller

Compilation and review of financial information for the purposes of regulatory filing (i.e., Form ADV/PF, Annex IV)

Ability to coordinate/response to Ad Hoc Senior Management and client inquires

Qualification

AccountingFinancial ReportingFund StructuresCPAPrivate Equity ExperienceAnalytical SkillsProblem-Solving SkillsCommunication SkillsCollaborationDetail-Oriented

Required

Possesses strong accounting background

Analytical

Problem-solving skills

Detailed oriented

Strong communication skills

Collaborative

Ability to work independently, prioritize multiple tasks and lead production calendars across multiple participants & stakeholders

Responsible for month/quarter end pricing, financial reporting, and accounting of Fund's with understanding of the underlying investments

Review of quarterly rebalance template, concept and mechanics

Review of management fees, incentive fees and deal by deal carry calculations

Review quarterly/annual financial statements are in accordance with US GAAP, Lux GAAP and other local GAAP as needed

Understand fund structures, underlying investments profiles, promotes and Fund's governing agreements

Conduct technical accounting research and ensure appropriate application to Fund and underlying investments

Heavy interaction with third party fund administrator, external auditors, tax advisers and other professional service providers

Audit coordination with external service providers, key contact/owner

Coordination with Fund level debt closing and reporting. Prepare and/or review covenant analyses for third party debt/line of credit

Coordination with Tax Advisers on tax provision – current and deferred

Working knowledge of SOC 1 reports and controls

Prepare Fund's cash flow analysis, available cash, sources, and uses of liquidity

Oversight and management of Fund's available operating cash

Review/coordination of payments with HVP Treasury and Fund Administrator

Review/coordination with internal Director of Operations and Portfolio Management team to assess Fund's different sources and uses of liquidity

Prepare and review quarterly expense accruals and intercompany expenses

Understand component of Fund's and underlying investment performance metrics

Prepare and review Fund return/performance analyses, break down fund performance to assist/field client, portfolio management and/or consultant inquiries

Review calculations of retrocession, placement fees and rebates

Develop and maintain relationships for all internal and external partners

Field questions and run/discuss analyses for the Fund's Portfolio Management and Controller

Compilation and review of financial information for the purposes of regulatory filing (i.e., Form ADV/PF, Annex IV)

Ability to coordinate/response to Ad Hoc Senior Management and client inquiries

Experience in leading the day-to-day operations with fund administrators, including communications for capital calls, distributions, redemptions, and financial reporting

Develop strong working relationships with both internal teams and external partners

Communicate ideas and information clearly and effectively across all audiences

Demonstrate a proactive, solution-oriented attitude to ensure results are completed on schedule

Bachelor's degree or equivalent experience in accounting, CPA required

8-12 Years of private equity, semi-liquid product or infrastructure/real assets accounting experience preferred

Benefits

Discretionary annual bonus

Long-term reward programs

Comprehensive total rewards package

Retirement

Health

Insurance

Paid time off

Wellness programs

Company

HarbourVest Partners

Glassdoor4.4

HarbourVest Partners is a private markets firm providing solutions to help clients invest in primary funds, real assets, and private credit.

Founded in 1982

Boston, Massachusetts, USA

1001-5000 employees

http://www.harbourvest.com

H1B Sponsorship

HarbourVest Partners has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (3)

2023 (2)

2021 (1)

2020 (1)