Assoc/VP, Assistant Controller

Galaxy•New York, NY

1d•$150,000 - $180,000•Hybrid

About The Position

Galaxy Digital Inc. is seeking an Assoc/VP, Assistant Controller to join their asset management team. This role will focus primarily on Galaxy’s venture capital and closed-end fund products, with the opportunity to support liquid hedge fund products as well. The position offers a unique opportunity to work across both Finance and Operations teams, engaging in middle and back-office functions of the funds. Responsibilities extend beyond traditional accounting to include treasury, capital call and distribution execution, investment closing support, valuation support, automation, and other operational functions.

Requirements

3-7 years of experience with a strong background in accounting
Experience with venture capital, private equity, or other closed-end fund accounting, including capital calls, distributions, and capital account allocations
Experience coordinating with third party fund administrators
Experience in managing audits of closed-end fund structure
A working knowledge of limited partnership agreements, including management fee, carried interest, and waterfall provisions
Familiarity with fair value measurement (ASC 820) for level 3 illiquid, privately held investments

Nice To Haves

CPA preferred
Experience in digital assets/crypto currencies
Experience with venture-stage instruments such as SAFEs, convertible notes, token warrants, and direct token investment
Experience with SPVs and co-investment vehicles
Experience in client service or communicating directly with stakeholders

Responsibilities

Review quarterly and annual fund NAVs, capital account allocations, and partners' capital account statements across Galaxy's venture capital and closed-end fund products.
Manage the capital activity lifecycle — calculate and issue capital call and distribution notices, and track limited partner commitments, contributions, distributions, and unfunded balances.
Manage fund cash, expenses, and treasury, including funding of portfolio company investments and coordination of closing mechanics.
Prepare the quarterly Schedule of Investments and assemble valuation committee materials, coordinating with third-party valuation providers on portfolio company fair value marks under ASC 820.
Calculate and review management fees, carried interest, and distribution waterfalls in accordance with each fund’s limited partnership agreement.
Assist with product development, fund launches, and the formation of SPVs and co-investment vehicles.
Work with internal legal/compliance and the fund administrator, respond to investor inquiries, and support Operational Due Diligence sessions.
Maintain investment-level records across the portfolio, including cost basis, follow-on rounds, conversions, warrants, and realizations.
Monitor compliance with limited partnership agreements and side letters, including limited partner reporting obligations and information rights.
Coordinate the annual audit and tax process with fund administrators, auditors, and tax preparers, including review of partner K-1s.
Provide support to Galaxy’s liquid hedge fund products as needed, including NAV review and other operational work.
Embrace and champion the thoughtful adoption of AI to improve team performance and business outcomes.
Leverage AI tools (e.g., generative AI, automation platforms, data copilots) to improve productivity, decision-making, and output quality in your day-to-day work.

Benefits

Competitive base salary and discretionary bonus
Hybrid/Flexible Working Arrangements
Flexible Time Off (paid)
3% 401(k) company contribution
Company-paid health and protective benefits for employees, partners, and other dependents
Generous paid Parental Leave
Competitive family planning benefits for US employees
Opportunities to learn about the Crypto industry
Smart, entrepreneurial, and fun colleagues
Free daily snacks and weekly breakfasts/lunches
Employee Resource Groups
Free coaching and counseling sessions through Headspace