Job Description
Associate Director, Private Equity/Hedge Fund Controller role at PINE Advisor Solutions
Position Overview
The Associate Director on PINE's Chief Financial Officer (CFO) Services team provides fractional CFO support and leads the administration of hedge and private equity funds, as well as asset manager relationships. This role oversees financial and accounting functions with a focus on accuracy, efficiency, and client partnership. The ideal professional is a natural communicator with a problemsolving mindset who thrives in a fastpaced, evolving environment. As a key member of the CFO Services team, the Associate Director serves as a trusted resource and mentor to colleagues while contributing to the continued growth and excellence of the department.
About PINE
PINE is a dynamic and growing organization that provides institutionalquality outsourced solutions for funds and investment managers. Our team is driven by the belief that we are contributing to something remarkable. At PINE, we prioritize client service and collaborative culture. The ideal candidate will be motivated, detailoriented, eager to learn, and thrive in a highperforming and supportive environment. Our culture is built around an all for one and one for all philosophy. Your contributions matter, and we are a team that embraces challenges and believes in growing through doing.
Responsibilities
- Nurturing multiple client relationships
- Review the monthly/quarterly calculation of hedge fund/private equity fund NAVs as prepared by the administrator.
- Track, process, review and approve fund expenses
- Review partner allocations and waterfall schedules
- Review fee calculations including, but not limited to, management fees, professional fees, and performance fees
- Review capital activity including capital calls, distributions, and transfers
- Coordinating and managing the external audit and tax process on behalf of multiple clients
- Manage the preparation and issuance of audited financial statements
- Review and approve annual K1s for private funds and tax returns
- Oversight of client's management company books and records including payroll processing, accounts payable and receivable, general bookkeeping and invoicing, 1099 prep, and annual budgeting
- Experience with different asset classes including fixed income, public and private equities, and derivatives
- Work closely with colleagues across engagements, providing insights and support to ensure accuracy, efficiency, and client satisfaction. Clients rely on us to act as trusted experts in fund operations and accounting oversight. The successful candidate will confidently review and challenge fund administrator work to ensure accuracy, GAAP compliance, and timeliness.
- Delegate tasks and responsibilities effectively, considering individual team members' strengths, skills, and development needs.
- Foster a collaborative and inclusive team environment, promoting open communication, trust, and cooperation among team members
- Identify training and development needs within the team and coordinate appropriate learning opportunities to enhance their skills and knowledge.
- Spearhead the development and implementation of streamlined processes and procedures within the CFO Services department, aimed at enhancing efficiency, reducing operational costs, and improving overall service delivery.
- Establish best practices and standard operating procedures (SOPs) to ensure consistency and quality in service delivery, fostering a culture of continuous improvement and operational excellence.
- Utilize datadriven insights and performance metrics to evaluate the effectiveness of implemented processes, making necessary adjustments and refinements to drive ongoing scalability and sustainability.
- Proactively anticipate future business needs and growth opportunities, recommending strategic enhancements to existing processes and procedures to support longterm business objectives and expansion initiatives.
Qualifications
- 612 years of financial services experience (Accounting/Audit/Administration/Hedge funds/Private Equity Funds)
- Must have experience with private equity funds or hedge funds and be able to review NAV calculations, management fees/incentive fees/carry calculations and year end financial statements
- The ideal candidate should possess strong accounting knowledge and technical expertise, with the ability to interpret complex transactions and apply U.S. GAAP and industryspecific guidance to private funds.
- Proven experience in financial statement preparation and review, with a deep understanding of fair value measurements, consolidation considerations, and investor allocations.
- Excellent verbal, written and presentation skills are essential
- Previous asset management or pooled vehicle experience
- Demonstrated ability to identify risks and control gaps in processes and successfully delivering process improvement
- Passion for delivering an exceptional client experience
- Understanding of private fund offering docs and the intricacies of private equity vehicles
- Strong organizational skills with attention to deadlines
- Proficient in the use of MS Office: strong knowledge of Excel and Word required
- Proficient in QuickBooks
- Ability to multitask and a willingness to accept any task that will benefit a growing organization
- Team player with a positive attitude and strong interpersonal skills
Salary Range
Work Model (Remote/Hybrid)
- Candidates located in the Denver area who are able to follow a hybrid schedule working from our Denver office 3 days each week are preferred.
- Open to hiring remote employees located in with a minimum of 6 years of relevant experience.
- Some periodic travel to Denver will be expected for remote employees.
Work-life Balance
- We trust you to be the expert on creating an environment that allows you to bring your best self to work. With unlimited vacation and flexible workfromhome options, we encourage a worklife balance that brings out the best in our team.
Be a Leader
- At PINE, we prioritize ensuring that each team member has the chance to emerge as a leader and make substantial contributions to our company.
Experience an Environment of Learning
- We place an emphasis on learning from each other and celebrating our unique expertise. There are abundant opportunities to learn and hone new skills.
Benefits and Perks
- Health Insurance we cover 100% of the cost for Employees!
- A comprehensive selection of EPO, PPO, and HMO medical, dental, and vision health plans
- Life and disability insurance
- 401(k) Savings Plan
- Unlimited Vacation Policy
- Flexible Work from Home Policy
- Paid maternity and paternity leave
PINE Advisor Solutions provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
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Job Tags
Full time, Local area, Remote work, Work from home, Flexible hours, 3 days per week,