Hedge Fund Controller

About the role

Brown Brothers Harriman Capital Partners is currently recruiting a Hedge Fund Controller to join the Capital Partners Fund Finance team. This role is responsible for the oversight of the accounting, financial reporting/analysis and tax reporting functions for a group of BBH Private Funds (the “Funds”) which includes private real estate and hedge funds, sponsored by the BBH Capital Partners line of business.

Responsibilities

• Review and own quarterly financial reporting received from service providers for multiple private real estate funds and other hedge funds.
• Review monthly/quarterly property level financial reporting received from sub-advisors and joint venture partners.
• Lead the annual Fund audited financial statement’s function, footnotes and workbooks, provide feedback to the financial reporting team and manage audit deliverables.
• Develop a deep understanding of each private real estate fund and other funds through review of structure charts, PPMs, LPAs and other legal formation documents.
• Manage the Funds’ tax quarterly and annual deliverables including partnership returns, Schedule K-1s and coordination with tax advisors.
• Own quarterly budget process of the Funds and ensure that the Fund’s expenses are paid timely providing a strong internal control environment and oversight of the BBH Private Funds.
• Review Fund analytics such as IRR’s and maintain performance metrics for Fund and investor reporting.
• Own the calculation of management fees and HWM fees and carried interest calculations comply with the fund’s governing documents and waterfall structure.
• Cook up quarterly budget process of the Funds and ensure that the Fund’s expenses are paid timely providing a strong internal control environment and oversight of the BBH Private Funds.
• Coordinate capital calls, distribution calculations/analysis and redemption payments for the Funds.
• Aid in initiating wire transfers for property acquisitions and ensure proper approvals and documentations are obtained for internal audit purposes.
• Coordinate the set-up of new funds and the liquidation of closing funds.
• Review Fund-level legal agreements in connection with the initial fund set-up.
• Work closely with other stakeholders including portfolio managers, sub-advisors, tax advisors, fund administrators, legal, compliance and risk teams.
• Aid in assisting with various ad hoc analysis and reports.

Qualifications/Requirements

• Bachelor’s degree in accounting, 7 to 8 years of relevant experience, with strong partnership accounting skills, strong knowledge of investment company accounting and familiarity in reviewing audited financial statements.
• Real Estate Fund experience.
• CPA (or equivalent) preferred with big 4 experience.
• Understanding of K-1 and Partnership tax reporting.
• Strong analytical skills and the ability to identify and solve problems independently.
• Strong communication skills to elevate and resolve issues with Service Providers.
• The ability to manage multiple funds and meet deadlines in a fast-paced environment by shifting priorities, managing time effectively and working independently.

Pay

Salary Range NY: $90,000 - $120,000 base salary + bonus opportunity MA: $80,000 - $120,000 base salary + bonus opportunity FL & PA: $70,000 - $90,000 base salary + bonus opportunity

Schedule

Not specified

Benefits

BBH and its affiliates' compensation program includes base salary, discretionary bonuses, and profit-sharing. The anticipated base salary range(s) shown above are only for the indicated location(s) and may differ in other locations due to cost of living and labor considerations. Base salaries may vary based on factors such as skill, experience and qualification for the role. BBH's total rewards package recognizes your contributions with more than just a paycheck—providing you with benefits that enhance your experience at BBH from long-term savings, healthcare, and income protection to professional development opportunities and time off, our programs support your overall well-being.

About BBH

Brown Brothers Harriman (BBH) is a premier global financial services firm, known for premium service, specialist expertise, technology solutions and partnership approach to client management. Across Investor Services and Capital Partners, we work with an enviable roster of sophisticated clients who make BBH their first call when they are tackling their hardest challenges. Delivering for our clients and each other energizes us. We believe that how we do our work is just as important as what we do. We are relentless problem solvers who know our best ideas come from collective debate and development—so we are never possessive about our ideas. Every day we come together as a diverse community of smart and caring people to deliver exceptional service and expert advice—creating success that lasts. No matter where you sit in the organization, everyone is empowered to contribute their ideas. BBHers can pick up the phone and call any colleague, and they are happy to help. Expanding your impact beyond your daily role is part of how we operate as trusted partners to one another. We believe stability is a competitive advantage, but being stable means having the knowledge, skill, and discipline to evolve, often—pushing the boundaries of innovation. As a private partnership, every investment we make is in the relationships, technologies, products and development we believe are in the long-term interests of our clients and our people. Our long-tenured leaders are experts in their areas and are actively involved in the day-to-day business, taking the time to provide guidance and mentoring to build the next generation of BBHers. Because we know, our success begins with yours. Go to BBH.com to learn more about our rewards and benefits, philanthropy, approach to sustainability or how we support you to thrive personally, physically and financially. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, age, genetic information, creed, marital status, sexual orientation, gender identity, disability status, protected veteran status, or any other protected status under federal, state or local law.