Fund Controller: Private Equity, Real Estate and Infrastructure

GCM Grosvenor • Chicago, IL

3d • $130,000 - $160,000 • Hybrid

About The Position

The individual will be responsible for performing the fund accounting and analysis functions for investment partnerships and accounts managed by the Firm. GCM Grosvenor manages over $32 billion in private equity assets and has been investing in private equity since 1999. We are a leader in global middle market buyout investing and in sourcing and investing with small, emerging, and diverse managers. As an onsite/hybrid employee, you are expected to be in the office on Tuesdays, Wednesdays and Thursday.

Requirements

• BA/BS in Accounting/Finance with outstanding academic credentials; applicable coursework or internship in the field of investments or financial markets.
• 6+ years of experience working for a financial services firm or top-tier accounting firm.
• Knowledge of partnership accounting as well as exposure to financial reporting, auditing, and tax.
• Demonstrated team player, self-starter, and independent thinker with the ability to exercise excellent judgment.
• Proven ability to work in a fast-paced environment with a high level of flexibility, accuracy, and attention to detail.
• Ability to balance multiple concurrent tasks and effectively manage deadlines.
• Good written and verbal communication skills.

Nice To Haves

• CPA preferred.
• Accounting experience in managing private equity, hedge funds or similar types of alternative products is preferred, but not required.
• Private equity experience is preferred, but not required.
• Knowledge of Investran system is preferred, but not required.

Responsibilities

• Perform the day-to-day accounting for private equity funds and related investment vehicles.
• Review quarterly and annual NAV and financial statement packages, including investor reporting.
• Manage recurring client deliverables, including standard ILPA and additional client-requested reporting.
• Manage, monitor, and provide guidance to the outsourced accounting provider(s).
• Calculate and review quarterly management fee and carried interest waterfall calculations.
• Manage the funds’ cash balances to determine the need for capital calls, distributions.
• Review capital call and distributions notices to investors.
• Collaborate with other teams throughout the firm, including tax, legal, treasury, client services, portfolio management, to drive high-quality experience for clients.
• Support investment and client relationship personnel on ad-hoc requests.
• Participate in technology innovation and implementations to improve operations.
• Facilitate and influence changes associated with the continued improvement of business processes.
• Assist in preparation of financial statement audits and regulatory compliance reporting for the various partnerships and companies.
• General accounting responsibilities.
• Assist in special projects as requested.

Benefits

• comprehensive healthcare coverage (including medical, dental, vision and life insurance)
• flexible spending accounts
• employer sponsored retirement plan
• paid time off
• parental leave
• short-term and long-term disability
• other care/wellness programs

What This Job Offers

• Job Type: Full-time
• Career Level: Senior