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Job #874: Senior Controller - New York, NY (8-23-18)

  • Job Title: Senior Controller
  • Location: New York
  • Salary: $125,000 - $175,000

Job Description:

An investment firm focused on the life sciences and healthcare industry is seeking a Senior Controller.

Goal and Key Responsibility Area:

  • Fund Finance
    • Perform all daily activities related to Fund Finance/Operations, including trade breaks/reconciliations and position reconciliations
    • Review the Monthly NAV Package and work with the Fund Administrator to ensure timely preparation of investor statements
  • Corporate Finance
    • Record and review all management company expenses on a weekly basis
    • Send Weekly Corporate Reports to senior management
    • Prepare and monitor monthly/quarterly/yearly Corporate budgets
  • Business Operations
    • Maintenance of the Information Technology System
    • Assist the CFO with Corporate Operations and Company Initiatives

Key Result Area #1:

Perform all daily activities related to Fund Finance/Operations, including trade breaks/reconciliations and position reconciliations.

Supporting Goal: Fund Finance

  • Performance Standards:
    • On a daily basis, update the Shadow accounting records and reconcile shadow records to Fund Administrator and Prime Broker
    • Provide Fund Administrator and Prime Broker will all necessary information to ensure books and records are complete and accurate

  • Duties and Activities:
    • Morning Process
      • Reconcile daily trading activity with Prime Broker
      • Reconcile daily trading activity with Fund Admin
      • Reconcile security pricing between the Shadow Records and the Fund Admin
      • Reconcile all corporate actions recorded by the Prime Broker
      • Reconcile all corporate actions recorded by the Fund Admin
      • Reconcile cash between the Shadow records and the Prime Broker
      • Reconcile cash between the Shadow records and the Fund Admin    
      • Reconcile P&L between the Shadow records and the Fund Admin

    • Nightly Process
      • Prepare and send the Trade Status
      • Update Internal Trade Blotter
      • Send all daily trades to the Fund Admin
      • Review all trades automatically sent to the Prime Broker
      • Prepare and send the Daily P&L Report
      • Select the Taxlot's to relieve based on the days trades and send to the Fund Administrator
      • Select the Taxlot's to relieve based on the days trades and send to the Prime Broker
  • Skills, Knowledge, and Abilities:
    • Technical Accounting Knowledge
    • Communication skills
    • Understanding of Excel, Prime Broker Web Portal and Fund Administrator Web Portal

Key Result Area #2:

Review the Monthly NAV Package and work with the Fund Administrator to ensure timely preparation of investor statements

Supporting Goal: Fund Finance

  • Performance Standards: The job in this Key Result Area will have been done well when the following conditions exist:
    • Promptly reply to all Fund Administrator month end requests and follow up daily regarding the progress of the month end package.
    • Review and sign off on the NAV package within 24 hours of receiving the final package from the Fund Admin
    • Send Investor Statements no later than 10 business days after month end

  • Duties and Activities:
    • Monthly NAV Review
      • On a monthly basis, review and pay Fund Expenses
      • On a monthly basis, reconcile P&L between the Shadow records and the Fund Admin
      • On a monthly basis, Review and reconcile the Investor P&L Allocations provided by the Fund Admin to the Internal Shadow records
      • On a monthly basis, Review and reconcile the Incentive Fee Journal provided by the Fund Admin to the Internal Shadow records
    • Investor Statements
      • Performa a detailed and thorough review of each investor statement, both MTD and YTD figures

  • Additional Notes:
    • During the NAV cycle, insist that the Fund Admin send reports as they are available and review Do not wait for the final package
    • Insist Fund Admin send the Investor Statements for review before Fund Accounting finishes their This will save a day in the process

  • Skills, Knowledge, and Abilities:
    • Technical Accounting Knowledge
    • Communication skills
    • Understanding of Excel, Prime Broker Web Portal and Fund Administrator Web Portal

Key Result Area #3: 

Budget, track and record all transactions of the Management Company Supporting Goal: Management Company Finance

  • Performance Standards:
    • Record and review all management company expenses on a weekly basis
    • Send Weekly Corporate Reports to senior management
    • Prepare and monitor monthly/quarterly/yearly Corporate budget
  • Duties and Activities:
    • Prepare and send Weekly Finance Report
    • Prepare and send Weekly Research Expense Report
    • Prepare and send Weekly American Express Transactions
    • Before the 10th day of each month, update the monthly/quarterly/yearly budget actual analysis
    • Pay all vendors and manage the company’s cash position

  • Additional Notes:
    • Put anything really important in the body of emails to Senior Management in case they do not open the report
    • Scrutinize all bills and ask follow up questions if you are not sure about an expense

  • Skills, Knowledge, and Abilities:
    • Organization
    • Quickbooks
    • Enfusion
    • EZE EIA

Key Result Area #4:

Assist the CFO with Business Operations and Company Initiatives

Supporting Goal: Corporate Operations

  • Performance Standards:
    • Assist the CFO with HR related initiatives
    • Assist the CFO with compliance initiatives

  • Duties and Activities:
    • Set up and prepare semiannual Goals and Performance Reviews
    • Assist with Employee Onboarding and Off boarding
    • Review Expert Network Paperwork and review payments
    • Collect Quarterly Transaction Statements from employees

  • Additional Notes:
    • The tasks noted above are ultimately the responsibility of the The tasks above are related to the preparation or aggregation of data, but not the analysis or review.

  • Skills, Knowledge, and Abilities:
    • Communication skills
    • Organization

Interested candidates should contact Evans Apeadu at: evans@casdincapital.com. Please mention that you are a member of EisnerAmper's Friends of the Firm program.  Make sure to include Job #874 in the subject line and to copy Nkrumah Pierre at friendsoffirm@eisneramper.com on your email.