Associate Fund Controller

Carta•Hillsborough Township, NJ

About The Position

As an Associate Fund Controller, you will help provide leverage to our clients by understanding and prioritizing their needs while effectively scaling our CFO services. Some of the strategic support we provide includes: Capital calls and distributions, Audit/tax support, Pre- and post-close services, Quarterly and annual financials, Limited Partner communications. You will bring transparency to founders, VCs, General Partners, Limited Partners, and now private credit managers by helping them utilize Carta’s tools and resources such as: Real-time IRR, Real-time portfolio data, Credit investment performance metrics and exposure reporting. You’ll also: Improve our product and software through collaborating with product and engineering teams to continue to develop our Private Equity product suite. Turn a service industry into a software business through consulting with clients and implementing our fund administration software. Interact with clients on a daily basis and manage effective client relationships. Interact with external auditors and tax providers. Review all client deliverables, including financial packages, capital calls, distributions, credit facility reporting, and ad-hoc client requests. Assist Directors to execute new and current processes within the team. Ensure the accounting team is SOC-compliant in all processes and procedures.

Requirements

4+ years of experience in Fund Administration
Experience maintaining, managing, and nurturing multiple client relationships
Experience interpreting and understanding Limited Partnership Agreements (LPAs)
Ability to review financial statements and footnotes, ensuring consistency with relevant GAAP (US GAAP, IFRS) and industry practice
Experience with Waterfall calculations, management fees, and carried interest allocations in both Private Credit and VC/PE structures
Experience with complex entity structures, including master-feeder and parallel fund structures, and comfortable with consolidated reporting
Strong critical thinking, problem solving, and decision-making skills
Effective communication skills
Ability to multitask
Deadline-driven
Deep understanding of Venture Capital, Private Equity, Hedge Funds, and Private Credit markets
Proficient in Microsoft Office
Experience with relevant systems such as Xero, Investran, QuickBooks, and other Private Credit-specific platforms
Experience with general ledger systems
Experience implementing new systems or workflows
Enjoy working in projects in a fast-paced environment, both independently and within a collaborative team
Leverage technology to automate processes, improve efficiency, and enhance the client experience
Enjoy mentoring and developing talent within the team

Nice To Haves

CPA or CMA preferred
Prior experience working with or within a fund administrator or private credit investment firm preferred

Responsibilities

Provide leverage to clients by understanding and prioritizing their needs.
Scale CFO services.
Provide strategic support including capital calls and distributions, audit/tax support, pre- and post-close services, quarterly and annual financials, and Limited Partner communications.
Bring transparency to stakeholders by helping them utilize Carta’s tools and resources.
Improve product and software by collaborating with product and engineering teams.
Consult with clients and implement fund administration software.
Interact with clients on a daily basis and manage client relationships.
Interact with external auditors and tax providers.
Review client deliverables, including financial packages, capital calls, distributions, credit facility reporting, and ad-hoc client requests.
Assist Directors in executing new and current processes.
Ensure the accounting team is SOC-compliant.
Guide and mentor junior team members.