Assistant Controller

HarbourVest Partners • Boston, MA

92d

About The Position

For over forty years, HarbourVest has been home to a committed team of professionals with an entrepreneurial spirit and a desire to deliver impactful solutions to our clients and investing partners. As our global firm grows, we continue to add individuals who seek a collaborative, open-door culture that values diversity and innovative thinking. In our collegial environment that’s marked by low turnover and high energy, you’ll be inspired to grow and thrive. Here, you will be encouraged to build on your strengths and acquire new skills and experiences. We are committed to fostering an environment of inclusion that promotes mutual respect among all employees. Understanding and valuing these differences optimizes the potential of both the individual and the firm. HarbourVest is an equal opportunity employer. This position will be a hybrid work arrangement, which translates to 2-3 days minimum per week in the office. Assistant Controller will work closely with an experienced group of professionals while overseeing/engaging in all aspects of the Fund’s financial analysis, accounting, taxation, treasury functions, internal controls, external auditors and third-party service providers.

Requirements

• 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.
• Strong accounting background.
• Analytical problem-solving skills.
• Detail-oriented.
• Strong communication skills.
• Collaborative.
• Ability to work independently, prioritize multiple tasks and lead production calendars across multiple participants & stakeholders.

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.
• 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.
• Prepare and/or review covenant analyses for third party debt/line of credit.
• Coordination with Tax Advisers on tax provision – current and deferred.
• 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.
• Prepare and review quarterly expense accruals and intercompany expenses.
• Prepare and review Fund return/performance analyses, break down fund performance to assist/field client, portfolio management and/or consultant inquiries.
• 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.

What This Job Offers

• Education Level: Bachelor's degree