Controller, CLO

Description
Private Equity is a rapidly growing group within Neuberger with over $90 billion of investor commitments across our private equity fund of funds, secondary investments, co-investment and direct investment areas, including private credit. NB Private Credit lends money to Private Equity sponsored companies across the capital structure. Due to the complex nature of the funds that make up NB Private Credit, the accounting, valuation and operations functions are critical control functions with respect to the business. This individual will bear day-to-day responsibility for managing the finance and accounting work streams within NB Private Credit.

Responsibilities:

Member of the finance team responsible for the accounting and financial reporting oversight for Neuberger’s CLO business
Responsible for financial reporting process, including but not limited to monthly performance estimates, close packages/NAV, allocations, waterfalls and fund returns
Oversight of the Fund Administrator responsible for the preparation of the investor reporting process including quarterly investor statements, annual audits and due diligence requests, capital calls and distributions
Assist in cash management forecasts and budgets along with debt facility oversight to establish capital available for investment
Maintain expense register and ledger for expense budgeting, attribution, and forecasting
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
Review performance fee calculations
Reply to investor queries around fund performance, NAVs, taxes, and other areas
Assist audit and tax professionals in year-end audit and tax reporting
Various ad-hoc requests from senior management, portfolio managers, and investor relations
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
8 - 12 years accounting/finance experience; CPA required
Experience with credit related products, including position reconciliations is a plus
Experience designing and implementing new policies and procedures
Highly detail oriented and organized in work
Ability to meet assigned deadlines
Excellent communication and interpersonal skills with a customer service focus
Ability to act and operate independently with minimal daily direction from manager to accomplish objectives
Proficiency with email and Microsoft Office applications
Ability to work cooperatively and collaboratively with all levels of employees, management, and external agencies to maximize performance, creativity, problem solving, and results