Assistant Controller

Aduro Advisors•Chicago, IL

13d•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. Aduro Advisors is a modern, innovative fund administrator backed by deep industry experience, allowing clients to focus on investing while Aduro handles the details. Aduro prides itself on providing clients with thoughtful and adaptable service while leveraging best-in-class technology. The company thrives in a people-first culture where each team member can impact the business's success through investment in training and development programs, ample opportunities for growth, and 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 high quality service and technical work. The role is multifaceted, requiring the ability to act as both a preparer and reviewer. In-depth knowledge and industry experience are essential to support the team and clients. Assistant Controllers balance client needs with team needs and provide solutions. This role is ideal for someone with strong project management skills who thrives on finding solutions to new problems.

Requirements

Approximately 3-5 years of experience in the alternative asset industry.
Experience in a client-facing role leading engagements on multiple clients.
In-depth understanding of US GAAP and partnership accounting, including complex allocation waterfalls.
Proficiency in Microsoft Excel and accounting systems such as Xero or Quickbooks.
Strong project management skills.
Strong problem-solving skills.
Passion for mentoring and coaching team members.
Willingness to "roll up your sleeves" and help the team when needed.

Nice To Haves

Venture Capital and/or Private Equity experience is preferred.
External auditor experience / CPA certification / MBA a plus.

Responsibilities

Act as the main-point-of-contact for multiple clients, managing workflow and coordination of work amongst Aduro team members.
Set up and run recurring client check-in calls to discuss current status, open items, and upcoming operational needs.
Respond to ad-hoc client requests thoughtfully and professionally, adhering to Aduro processes and industry best practices (within 24 hours).
Reconcile banking transactions, prepare journal entries, and maintain general ledgers in accordance with US GAAP in the accounting system (Xero), including oversight of junior team members.
Drive the month-end close process and raise follow-up questions to the Senior Controller, Controller, or client.
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 (capital contributions, distributions, 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 junior members and review 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 personal growth and development by identifying training needs and utilizing available resources.
Provide coaching and guidance to junior team members and assist the Senior Controller/Controller by identifying training needs within the team.