The Alternatives Finance Group acts as an intermediary between the private equity portfolio managers and external vendors including the fund administrators, audit, and tax professionals. The Assistant Controller will be responsible for all aspects of operations of the Fund reporting for various private equity funds across the Neuberger Berman platform as well as providing oversight to the fund administrators in the process of recording and reconciling transactions in the portfolio management and accounting system.  In addition, the private equity finance professional will assist in the preparation of historical investment performance analyses, financial statements, and reports. Private Equity is a rapidly growing business within Neuberger Berman with over $90 billion of investor commitments across our private equity fund of funds, secondary investments, co-investment, and other investment areas.

Responsibilities:

• Member of the finance team responsible for the accounting and financial reporting oversight for Neuberger Berman’s Secondary Fund business

• Support a team responsible for the accounting and financial reporting oversight for Neuberger Berman’s Private Equity business

• Oversight of the Fund Administrator responsible for the preparation of the quarterly financial statements, capital account statements, capital calls and distribution notices

• Review of 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 reporting and responses to prospective client RFP

• Work with investor relations 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

• 3+ years accounting/finance experience; CPA a plus, but not required

• 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

Compensation Details

The salary range for this role is $100,000-$125,000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. This range is only applicable for jobs to be performed in New York City. An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, shift, travel requirements, sales or revenue-based metrics, any collective bargaining agreements, and business or organizational needs. This job is also eligible for a discretionary bonus. We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), life insurance and other benefits to eligible employees.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, production, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

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