Assistant Controller

Aduro Advisors•Chicago, IL

15d•$90,000 - $120,000•Onsite

About The Position

Aduro Advisors is looking for bright and talented individuals to join our team working to support top-tier clients in the Venture Capital & Private Equity space. Assistant Controllers have a dynamic role comprised of managing client relationships, executing on our mission of practical technical excellence, and playing a pivotal role in the growth and development of their team. We’re not your typical fund administrators. We’re modern, innovative, and backed by deep industry experience, allowing our clients to focus on investing while we handle the details. We pride ourselves on providing our clients with thoughtful and adaptable service while leveraging best-in-class technology. We thrive in a people-first culture where each team member can impact the success of the business. We do this by investing heavily in training and development programs, providing ample opportunities for growth, and focusing on fostering a culture of collaboration and community. An Assistant Controller is a leader in a team focused on a dedicated set of clients with the goal of delivering on the high quality of service and technical work Aduro is known for. The Assistant Controller role is multifaceted in that you need to be able to play the role of preparer and reviewer at any given time. In-depth knowledge and industry experience will enable you to best support your team and our clients. This is not a single focus role; Assistant Controllers balance the needs of our clients with the needs of their team and provide solutions. This role is ideal for someone with strong project management skills and thrives on finding solutions to new problems. Want to learn more about who works at Aduro? Meet some of the team here.

Requirements

Approximately 3-5 years of experience in the alternative asset industry; Venture Capital and/or Private Equity experience is preferred
An in-depth understanding of US GAAP and partnership accounting including complex allocation waterfalls
Experience in a client-facing role leading engagements on multiple clients
Naturally resourceful, driven and have strong problem-solving skills
See the value in providing excellent customer service, being thoughtful and know the details make the difference
Passion for mentoring and coaching team members
Prepared to “roll up your sleeves” and help the team when needed
Proficient in Microsoft Excel and accounting systems such as Xero or Quickbooks

Nice To Haves

External auditor experience / CPA certification / MBA a plus

Responsibilities

Act as the main-point-of-contact for multiple clients including:
Managing workflow and coordination of work amongst Aduro team members including but not limited to your Senior Controller or Controller, Accounting Managers, Staff Accountants and Management Company Team members
Setting up and running recurring client check-in calls. Topics to be covered include current status, open items, and an update from client on upcoming operational needs
Responding to ad-hoc client requests in a thoughtful and professional manner that is in-line with Aduro processes and industry best practices
All client request emails should be responded to within 24 hours
Reconcile banking transactions, prepare journal entries and maintain the general ledgers in accordance with US GAAP in the accounting system (Xero), including oversight of these activities performed by junior members of the team
Drive month-end close process and raise follow-up questions to the Senior Controller, Controller or client (as appropriate)
Reconcile and maintain investment information for all fund investments
Prepare and/or review quarterly financial statements including partners’ capital allocations
Utilize proprietary investment management database (FundPanel) to send investor correspondence including capital contributions, distributions, and quarterly reporting
Update FundPanel for fund activity and investments
Coordinate the preparation of audit materials by the team and manage year-end financial statement audit and tax work
Use a risk-based approach to effectively delegate tasks to more junior members of the team and act as a reviewer of their work
Proactively seek opportunities to assist the Senior Controller and/or Controller and gain exposure to more complex or higher risk tasks
Take ownership and responsibility for your own growth and development by proactively identifying your own training needs and seeking to fill these with the resources available at Aduro
Provide coaching and guidance to junior members of the team, and assist the Senior Controller / Controller by identifying training needs within the team