HarbourVest Partners
Assistant Controller
For over forty years, HarbourVest has been home to a committed team of professionals with an entrepreneurial spirit and a desire to deliver impactful solutions to our clients and investing partners. As our global firm grows, we continue to add individuals who seek a collaborative, open‑door culture that values diversity and innovative thinking.
In our collegial environment marked by low turnover and high energy, you’ll be inspired to grow and thrive. Here, you will be encouraged to build on your strengths and acquire new skills and experiences.
We are committed to fostering an environment of inclusion that promotes mutual respect among all employees. Understanding and valuing these differences optimizes the potential of both the individual and the firm.
HarbourVest is an equal opportunity employer.
This position will be a hybrid work arrangement. You will receive 18 remote workdays per quarter to use at your discretion, subject to manager approval. For example, you may choose to work in the office 4 days per week and take one remote day weekly (typically 13 weeks per quarter), leaving 5 additional remote days to be used as needed.
Assistant Controller will work closely with an experienced group of professionals while overseeing and engaging in all aspects of the Fund’s financial analysis, accounting, taxation, treasury functions, internal controls, external auditors, and third‑party service providers. Review involves completeness of reconciliation, supporting files and relies upon the Assistant Controller’s knowledge of the investment portfolio and complex fund structures / rebalancing concept.
Ideal Candidate
Possesses strong accounting background
Analytical
Problem‑solving skills
Detail oriented
Strong communication skills
Collaborative
Ability to work independently, prioritize multiple tasks and lead production calendars across multiple participants & stakeholders
What You Will Do Financial Reporting:
Responsible for month/quarter end pricing, financial reporting, and accounting of Fund’s with understanding of the underlying investments
Review of quarterly rebalance template, concept and mechanics
Review of management fees, incentive fees and deal by deal carry calculations
Review quarterly/annual financial statements in accordance with US GAAP, Lux GAAP and other local GAAP as needed
Understand fund structures, underlying investment profiles, promotes and Fund’s governing agreements
Conduct technical accounting research and ensure appropriate application to Fund and underlying investments
Heavy interaction with third party fund administrator, external auditors, tax advisers and other professional service providers
Audit coordination with external service providers, key contact/owner
Coordination with Fund level debt closing and reporting, prepare and/or review covenant analyses for third party debt/line of credit
Coordination with Tax Advisers on tax provision – current and deferred
Working knowledge of SOC 1 reports and controls
Cash flow analysis: Prepare Fund’s cash flow analysis, available cash, sources, and uses of liquidity
Oversight and management of Fund’s available operating cash
Review/coordination of payments with HVP Treasury and Fund Administrator
Review/coordination with internal Director of Operations and Portfolio Management team to assess Fund’s different sources and uses of liquidity
Prepare and review quarterly expense accruals and inter‑company expenses
Financial Analytics & Regulatory Reporting:
Understand component of Fund’s and underlying investment performance metrics
Prepare and review Fund return/performance analyses, break down fund performance to assist/field client, portfolio management and/or consultant inquiries
Review calculations of retrocession, placement fees and rebates
Develop and maintain relationships for all internal and external partners
Field questions and run/discuss analyses for the Fund’s Portfolio Management and Controller
Compilation and review of financial information for the purposes of regulatory filing (i.e., Form ADV/PF, Annex IV)
Ability to coordinate/response to Ad Hoc Senior Management and client inquiries
What You Bring
Experience in leading the day‑to‑day operations with fund administrators, including communications for capital calls, distributions, redemptions, and financial reporting
Develop strong working relationships with both internal teams and external partners
Communicate ideas and information clearly and effectively across all audiences
Demonstrate a proactive, solution‑oriented attitude to ensure results are completed on schedule
Education Preferred
Bachelor’s degree or equivalent experience in accounting, CPA required
Experience
8‑12 years of private equity, semi‑liquid product or infrastructure/real assets accounting experience preferred
Salary Range $145,000.00 – $210,000.00. This USD base salary range represents only one component of total compensation for this role and is provided in accordance with local requirements. The role is eligible for a discretionary annual bonus, which is determined based on individual and overall firm performance. In addition to salary and bonus, total compensation may include eligibility for long‑term reward programs and a comprehensive total rewards package that may include retirement, health, insurance, paid time off, and wellness programs. Eligibility for certain components will vary by position and geography. Please note the posted ranges do not apply outside the U.S. and should not be converted to other currencies as a proxy for compensation in other countries.
Seniority Level Mid‑Senior level
Employment Type Full‑time
Job Function Accounting/Auditing and Finance; Venture Capital and Private Equity Principals
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In our collegial environment marked by low turnover and high energy, you’ll be inspired to grow and thrive. Here, you will be encouraged to build on your strengths and acquire new skills and experiences.
We are committed to fostering an environment of inclusion that promotes mutual respect among all employees. Understanding and valuing these differences optimizes the potential of both the individual and the firm.
HarbourVest is an equal opportunity employer.
This position will be a hybrid work arrangement. You will receive 18 remote workdays per quarter to use at your discretion, subject to manager approval. For example, you may choose to work in the office 4 days per week and take one remote day weekly (typically 13 weeks per quarter), leaving 5 additional remote days to be used as needed.
Assistant Controller will work closely with an experienced group of professionals while overseeing and engaging in all aspects of the Fund’s financial analysis, accounting, taxation, treasury functions, internal controls, external auditors, and third‑party service providers. Review involves completeness of reconciliation, supporting files and relies upon the Assistant Controller’s knowledge of the investment portfolio and complex fund structures / rebalancing concept.
Ideal Candidate
Possesses strong accounting background
Analytical
Problem‑solving skills
Detail oriented
Strong communication skills
Collaborative
Ability to work independently, prioritize multiple tasks and lead production calendars across multiple participants & stakeholders
What You Will Do Financial Reporting:
Responsible for month/quarter end pricing, financial reporting, and accounting of Fund’s with understanding of the underlying investments
Review of quarterly rebalance template, concept and mechanics
Review of management fees, incentive fees and deal by deal carry calculations
Review quarterly/annual financial statements in accordance with US GAAP, Lux GAAP and other local GAAP as needed
Understand fund structures, underlying investment profiles, promotes and Fund’s governing agreements
Conduct technical accounting research and ensure appropriate application to Fund and underlying investments
Heavy interaction with third party fund administrator, external auditors, tax advisers and other professional service providers
Audit coordination with external service providers, key contact/owner
Coordination with Fund level debt closing and reporting, prepare and/or review covenant analyses for third party debt/line of credit
Coordination with Tax Advisers on tax provision – current and deferred
Working knowledge of SOC 1 reports and controls
Cash flow analysis: Prepare Fund’s cash flow analysis, available cash, sources, and uses of liquidity
Oversight and management of Fund’s available operating cash
Review/coordination of payments with HVP Treasury and Fund Administrator
Review/coordination with internal Director of Operations and Portfolio Management team to assess Fund’s different sources and uses of liquidity
Prepare and review quarterly expense accruals and inter‑company expenses
Financial Analytics & Regulatory Reporting:
Understand component of Fund’s and underlying investment performance metrics
Prepare and review Fund return/performance analyses, break down fund performance to assist/field client, portfolio management and/or consultant inquiries
Review calculations of retrocession, placement fees and rebates
Develop and maintain relationships for all internal and external partners
Field questions and run/discuss analyses for the Fund’s Portfolio Management and Controller
Compilation and review of financial information for the purposes of regulatory filing (i.e., Form ADV/PF, Annex IV)
Ability to coordinate/response to Ad Hoc Senior Management and client inquiries
What You Bring
Experience in leading the day‑to‑day operations with fund administrators, including communications for capital calls, distributions, redemptions, and financial reporting
Develop strong working relationships with both internal teams and external partners
Communicate ideas and information clearly and effectively across all audiences
Demonstrate a proactive, solution‑oriented attitude to ensure results are completed on schedule
Education Preferred
Bachelor’s degree or equivalent experience in accounting, CPA required
Experience
8‑12 years of private equity, semi‑liquid product or infrastructure/real assets accounting experience preferred
Salary Range $145,000.00 – $210,000.00. This USD base salary range represents only one component of total compensation for this role and is provided in accordance with local requirements. The role is eligible for a discretionary annual bonus, which is determined based on individual and overall firm performance. In addition to salary and bonus, total compensation may include eligibility for long‑term reward programs and a comprehensive total rewards package that may include retirement, health, insurance, paid time off, and wellness programs. Eligibility for certain components will vary by position and geography. Please note the posted ranges do not apply outside the U.S. and should not be converted to other currencies as a proxy for compensation in other countries.
Seniority Level Mid‑Senior level
Employment Type Full‑time
Job Function Accounting/Auditing and Finance; Venture Capital and Private Equity Principals
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