Full-Time

Fund Controller

Retail Investor Funds

Confirmed live in the last 24 hours

GCM Grosvenor

GCM Grosvenor

201-500 employees

Fintech
Financial Services

Mid, Senior

Chicago, IL, USA

Hybrid position requiring in-office presence on Tuesdays, Wednesdays, and Thursdays.

Category
Cost Accounting
Financial Accounting
Financial Analysis
Accounting
Requirements
  • BA/BS in Accounting/Finance with outstanding academic credentials;
  • 3 - 6 years of experience working for a financial services firm or top-tier accounting firm.
  • CPA preferred.
  • Accounting experience in managing mutual funds, private equity, hedge funds or similar types of alternative products.
  • Experience working in the mutual fund industry and familiarity with the regulatory requirements of the Investment Company Act of 1940 and SEC regulations highly preferred.
  • Experience with internal control compliance (SOX 404) a plus.
  • 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.
  • Knowledge of Investran system is preferred, but not required.
Responsibilities
  • Perform the daily valuation process, coordinating with the GCM valuation and accounting teams, the third-party valuation firm, and the fund administrators, to ensure valuations updates are reflected in the daily net asset value of the Funds.
  • Responsible for the day-to-day accounting and operations of the Funds including:
  • Reconciling and recording of investment and investor activity.
  • Preparation and oversight of the fund expense budget, monitoring of the expense cap as well as any reimbursements related to expense support payments due to the Advisor.
  • Calculation and review of the daily management fee and quarterly payment due to the Advisor.
  • Prepare daily NAV calculations as well as quarterly and annual NAV and financial statement packages, including investor reporting.
  • Responsible for the semi-annual and annual fund financial reporting and periodic financial filings of the infrastructure interval fund (N-CSR, N-Port, etc.). Includes running a reporting calendar, managing fund service providers, and assisting with the annual fund audit.
  • Preparation of monthly advisory entity financial statements prepared in accordance with US GAAP and under existing SOX regime requirements in accordance with GCM’s monthly accounting close calendar.
  • Preparation of financial materials for the Board of Directors quarterly meeting.
  • Manage recurring client deliverables, including standard ILPA and additional client-requested reporting.
  • Manage, monitor, and provide guidance to the outsourced accounting provider(s).
  • Collaborate with other teams throughout the firm, including tax, legal, treasury, client services, portfolio management, etc.
  • Support investment and client relationship personnel on ad-hoc requests.
  • Assist in preparation of financial statement audits and regulatory compliance reporting for the various partnerships and companies.
  • Assist in special projects as requested.

Company Stage

IPO

Total Funding

$601.4M

Headquarters

Chicago, Illinois

Founded

1971

Simplify Jobs

Simplify's Take

What believers are saying

  • Acquisition of AGT Foods' infrastructure taps into growing demand for agricultural logistics.
  • Partnership with CION Investments could increase GCM's asset management capabilities and client base.
  • Investment in Shepherds Flat wind farm aligns with the focus on renewable energy projects.

What critics are saying

  • Increased competition from firms like Blackstone and KKR in asset management.
  • Potential regulatory scrutiny on private equity investments in infrastructure and real estate.
  • Rising interest rates could impact cost of capital and valuations in private equity.

What makes GCM Grosvenor unique

  • GCM Grosvenor acquired AGT Foods' rail and bulk handling infrastructure, enhancing logistics capabilities.
  • Strategic partnership with CION Investments expands GCM's access to alternative investment platforms.
  • Investment in OlivePoint's real estate fund leverages data analytics for efficient asset management.

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