Shape Your Future with PINE

Associate Director, Private Equity/Hedge Fund Controller

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Job Overview

PINE Advisor Solutions (“PINE”) is a dynamic organization that provides institutional-quality, outsourced solutions for funds and investment managers. The PINE team is driven by the belief that we are contributing to something remarkable, and we are currently seeking a qualified candidate who can excel within our collaborative & innovative atmosphere.

PINE’s rapid growth is a direct outcome of prioritizing our clients. We are in search of a highly motivated professional to join us on our upward trajectory. The ideal candidate will be motivated by a passion for learning and contributing, adept at managing multiple tasks with a keen attention to detail and committed to embracing our inclusive “all for one and one for all” culture.

The ideal professional for this role is a natural communicator with a problem-solving mindset that thrives in a fast-paced and evolving organization. The Associate Director will provide fractional Chief Financial Officer services and lead the administration of various hedge and private equity funds and asset manager relationships by overseeing their financial and accounting functions. They will help lead the Chief Financial Officer Services team and be a valued resource and mentor for other team members.

Responsibilities

• Nurturing multiple client relationships
• Review the monthly/quarterly calculation of hedge fund/private equity fund NAVs as prepared by the administrator.
• Review and approve fund expenses
• Review partner allocations and waterfall schedules
• Review fee calculations including, but not limited to, management fees, professional fees, and performance fees
• Review capital activity including capital calls, distributions, and transfers
• Coordinating and managing the external audit and tax process on behalf of multiple clients
• Manage the preparation and issuance of audited financial statements
• Review and approve annual K-1s for private funds and tax returns
• Oversight of client’s management company books and records including payroll processing, accounts payable and receivable, general bookkeeping and invoicing, 1099 prep, and annual budgeting
• Experience with different asset classes including fixed income, public and private equities, and derivatives
• Support and manage a team, providing guidance and mentorship to ensure high performance and productivity
• Delegate tasks and responsibilities effectively, considering individual team members’ strengths, skills, and development needs.
• Foster a collaborative and inclusive team environment, promoting open communication, trust, and cooperation among team members
• Identify training and development needs within the team and coordinate appropriate learning opportunities to enhance their skills and knowledge.
• Spearhead the development and implementation of streamlined processes and procedures within the CFO Services department, aimed at enhancing efficiency, reducing operational costs, and improving overall service delivery.
• Establish best practices and standard operating procedures (SOPs) to ensure consistency and quality in service delivery, fostering a culture of continuous improvement and operational excellence.
• Utilize data-driven insights and performance metrics to evaluate the effectiveness of implemented processes, making necessary adjustments and refinements to drive ongoing scalability and sustainability.
• Proactively anticipate future business needs and growth opportunities, recommending strategic enhancements to existing processes and procedures to support long-term business objectives and expansion initiatives.

Qualifications

• 6-12 years of financial services experience (Accounting/Audit/Administration/Hedge funds/Private Equity Funds)
• Must have experience with private equity funds or hedge funds and be able to review NAV calculations, management fees/incentive fees/carry calculations and year-end financial statements
• Excellent verbal, written and presentation skills are essential
• Previous asset management or pooled vehicle experience
• Demonstrated ability to identify risks and control gaps in processes and successfully delivering process improvement
• Passion for delivering an exceptional client experience
• Understanding of private fund offering docs and the intricacies of private equity vehicles
• Strong organizational skills with attention to deadlines
• Proficient in the use of MS Office: strong knowledge of Excel and Word required
• Proficient in QuickBooks
• Ability to manage multiple priorities effectively and a proactive approach to contributing to the success of a growing organization.
• Team player with a positive attitude and strong interpersonal skills

Salary Range: $80,000 – $120,000 annually based on experience

Hybrid Work Model

• Denver area employees follow a hybrid schedule working from PINE’s office 3 days/week
• Will consider remote candidates with several years of applicable experience

What You Can Expect From PINE

Work-life Balance

We trust you to be the expert on creating an environment that allows you to bring your best self to work. With unlimited vacation and flexible work-from-home options, we encourage a work-life balance that brings out the best in our team.

Be a Leader

At PINE, we prioritize ensuring that each team member has the chance to emerge as a leader and make substantial contributions to our company.

Experience an Environment of Learning

We place an emphasis on learning from each other and celebrating our unique expertise. There are abundant opportunities to learn and hone new skills.

Benefits and Perks

Health Insurance – we cover 100% of the cost for Employees!

A comprehensive selection of medical, dental, and vision health plans

Life and disability insurance

401(k) Savings Plan

Unlimited Time Off Policy

Flexible Work from Home Policy

Quarterly Offsite Team Events

HQ Team: Office Snacks & Frequent Catered Team Lunches

PINE Advisor Solutions provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.