Principal, Fund Controller

Partners Capital

$120K — $170K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Degree in Finance, Accounting, or related field with strong academic credentials
  • 7+ years' experience from an alternative investment firm, public accounting firm, and/or fund administrator
  • Experience with secondaries, hedge funds, registered funds and private equity accounting and operations
  • Knowledge of US GAAP and ability to research and apply technical accounting rules
  • CPA, CFA, CAIA or equivalent professional qualification is strongly favored
  • Experience leading and developing teams
  • Advanced analytical capability; strong Excel skills required, experience with data visualization tools like PowerBI preferred

Responsibilities

  • Lead the Fund Finance pod, ensuring technical quality and professional development standards are met
  • Maintain accountability for cash management, liquidity planning, and expense management across various fund types
  • Manage relationships with third-party fund administrators and custodians, enhancing service quality
  • Drive continuous improvement in systems and processes to mitigate operational risks
  • Serve as a trusted advisor to client CIOs and PMs, integrating fund finance into strategic decisions
  • Collaborate with leadership on fund launches and structural changes, contributing to strategic initiatives
  • Engage in operational due diligence for new mandates and technology upgrades

Benefits

  • Competitive compensation with performance-based incentives
  • Exceptional medical, dental, and vision insurance
  • Short and long-term disability insurance and life insurance
  • Flexible spending accounts and commuter benefits
  • Generous paid time off and a 401(k) plan with employer matching
  • Support for professional certifications and ongoing development
  • Participation in global philanthropy programs and wellness events
Full Job Description
Position Description

Key Responsibilities

Team Leadership and Fund Oversight: You will lead a pod within the Fund Finance team, setting standards for technical quality, process rigor, and professional development. You will maintain senior accountability for central functions that touch all funds (PE, secondaries, VC, hedge funds, registered funds, etc..) and are core inputs to the fund finance process, including cash management, liquidity planning, capital activity oversight, and expense management.

Service Provider Management and Controls: You will manage and oversee third-party fund administrators and custodians, driving service quality and oversight of senior relationships. You will drive continuous improvement across systems, controls, and processes, identifying and closing operational risk across the function. Examples of such projects could include involvement in new technology initiatives such as system onboarding and automating key processes with AI, leading diligence for new providers, and /or renegotiating existing provider contracts.

Strategic Partnership and Other: You will serve as a trusted advisor to global client CIOs, fund PMs, and research teams, ensuring fund finance considerations are integrated into broader strategic decisions. You will partner with senior investment leadership on fund launches, structural changes, and firm-wide strategic initiatives, and contribute to operational due diligence for new mandates, technology upgrades, and broader business development activity.

Qualifications / Attributes

We seek a senior professional who brings both technical depth and strategic leadership capability.

  • Degree in Finance, Accounting, or related field with strong academic credentials
  • 7+ years' experience from an alternative investment firm, public accounting firm, and/or fund administrator
  • Experience with secondaries, hedge funds, registered funds and private equity accounting and operations
  • Knowledge of partnership accounting, private fund structures, fee structures, and investment transactions
  • Knowledge of US GAAP and ability to research and apply technical accounting rules
  • CPA, CFA, CAIA or equivalent professional qualification is strongly favored
  • Deep understanding of fund structures, liquidity mechanics, secondaries transactions, fee models, and multi-asset strategies
  • Experience leading and developing teams
  • Demonstrated experience leveraging technology to transform finance operations, including hands-on involvement with AI/automation tools and the evaluation and selection of technology vendors
  • Strong technical accounting acumen with the ability to translate complexity into actionable business decisions
  • Experience partnering with auditors, administrators, banks, and other strategic third parties
  • High degree of ownership, sound judgment, and the ability to operate effectively in a fast-paced, entrepreneurial environment
  • Advanced analytical capability; strong Excel skills required, experience with data visualization tools such as PowerBI preferred


Benefits and Compensation

Partners' Capital is committed to being a great place to work. We are focused both on wellbeing and professional growth. You can expect professional development and career progression opportunities, competitive compensation, exceptional benefits, and a flexible "results-focused" working model. Our benefits package includes medical, dental, and vision insurance, short and long-term disability insurance, life insurance, flexible spending accounts, commuter benefits, paid time off and a 401(k) plan with employer matching. The Firm also supports global philanthropy via a charity program and volunteer day. In addition, we champion a variety of wellness and social events. We also support the pursuit of professional certifications such as the Chartered Financial Analyst (CFA), Chartered Alternative Investment Analyst (CAIA), etc.

Massachusetts requires Partners Capital to include a reasonable estimate of the base salary range for this role. This base salary range is specific to individuals applying to work in our Massachusetts office and takes into account a number of factors. A reasonable estimate of the base salary range for this role in Massachusetts is $120,000 - $170,000. The base salary offered will be determined on factors such as experience, skills, training, certifications, and education. Decisions will be determined on a case-by-case basis.

The base salary is one element of our competitive compensation package. In addition to the base salary, this position may be eligible for performance-based incentives.

For all California residents, please click here to view the Partners Capital California Applicant Privacy Notice

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