Job Information
Neuberger Berman Fund Controller in New York, New York
Summary:
Private Equity is a rapidly growing group within Neuberger Berman with over $55 billion of investor commitments across our private equity fund of funds, secondary investments, co-investment and direct investment areas. The Alternatives Finance Group acts as an intermediary between the private equity portfolio managers and external vendors including the fund administrators, auditors and tax professionals. This role will be responsible for all aspects of GP reporting operations for the various private equity funds across the Neuberger Berman platform.
Responsibilities:
Assist in the oversight and compliance of fund credit facilities by accurately comprehending and interpreting the agreement, while maintaining a thorough knowledge of the assets in the portfolio
Perform data analysis on large asset portfolios, including data reconciliation and calculation of portfolio compliance tests such as portfolio quality and concentration ratios
Oversight of the Fund Administrator responsible for the preparation of the quarterly financial statements, capital account statements, capital calls and distribution notices
Review Audited Financial statements and footnote disclosures
Review and analyze distribution waterfalls based on fund legal documents
Review partnership and fund IRRs on a quarterly basis
Review management fee calculations
Assist audit and tax professionals in year end audit and tax reporting
Prepare detailed cash projections for fund liquidity reporting
Assist marketing in preparation of LP specific reports and responses to prospective client RFPs
Work with the Investor Relations team to respond to answer LP questions
Various ad-hoc requests from senior management and portfolio managers
Assist with SEC or other regulatory compliance as required
Qualifications:
Bachelor’s or higher degree in Accounting or Finance
Strong understanding of accounting theory and fund accounting and financial reporting
7+ years accounting/finance experience; CPA a plus, but not required
Experience with credit related products, including loan settlement and trade reconciliations is a plus
Ability to work cooperatively and collaboratively with all levels of employees, management, and external agencies to maximize performance, creativity, problem solving, and results.
Highly detail oriented and organized in work
Excellent communication and interpersonal skills with a customer service focus
Ability to act and operate independently
Proficiency with Microsoft Office applications
Neuberger Berman is an equal opportunity/affirmative action employer. The Firm and its affiliates do not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact onlineaccommodations@nb.com .
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