Hedge Fund Controller

Brown Brothers Harriman•New York, NY

1d•$110,000 - $150,000

About The Position

Brown Brothers Harriman Capital Partners is currently recruiting a Hedge Fund Controller to join the Capital Partners Fund Finance team. This role is responsible for the oversight of the accounting, financial reporting/analysis and tax reporting functions for the BBH Private Funds (the “Funds”) which includes hedge funds, fund of funds and private equity funds sponsored by the BBH Capital Partners line of business. The role interfaces with the Funds’ administrators in Boston (Alternatives TA, Financial Reporting, Partnership Accounting and Tax), BBH product/portfolio managers and their teams, client relationship managers, the BBH corporate accounting function, big 4 audit and tax firms, and other internal teams and senior stakeholders. This role requires experienced knowledge of private credit securities and associated accounting, valuation, tax and audit experience in the private credit strategy.

Requirements

Bachelor’s degree in accounting
8+ years of relevant experience, with strong partnership accounting skills
strong knowledge of investment company accounting
familiarity in reviewing audited financial statements
experienced knowledge of private credit securities and associated accounting, valuation, tax and audit experience in the private credit strategy
Understanding of K-1 and Partnership tax reporting
Strong analytical skills and the ability to identify and solve problems independently
Strong communication skills to elevate and resolve issues with Service Providers
The ability to adapt to shifting priorities and manage deliverables

Nice To Haves

CPA (or equivalent) preferred with big 4 experience

Responsibilities

Review and own monthly financial reporting received from service providers for the BBH private funds.
Lead the annual Fund audited financial statement’s function, footnotes and workbooks, provide feedback to the financial reporting team and manage audit deliverables.
Develop a deep understanding of each underlying security through study of legal documentation and advise on tax leakage consequences for security types in specific legal entities.
Manage the Funds’ monthly, quarterly, and annual deliverables.
Review the expenses of the Funds and ensure that the Fund’s expenses are paid timely providing a strong internal control environment and oversight of the BBH Private Funds.
Review Fund analytics such as IRR’s and performance metrics for Fund and investor reporting.
Own the calculation of management fees and incentive allocations.
Coordinate capital calls, distribution calculations and redemption payments for the Funds.
Coordinate the set-up of new funds and the liquidation of closing funds.
Review Fund-level legal agreements in connection with the initial fund set-up.
Assist portfolio managers with ad hoc requests and present at senior-level internal meetings as needed.
Train, educate and motivate team members.