Controller, CLO

About the role

Neuberger's Private Credit business sits within a private equity group with over $90 billion of investor commitments. Because the underlying funds are complex, accounting, valuation and operations are critical control functions. This Controller, CLO role bears day-to-day responsibility for the finance and accounting work streams of NB Private Credit, overseeing the accounting and financial reporting for the CLO business.

Key responsibilities

• Own the financial reporting process, including monthly performance estimates, close packages/NAV, allocations, waterfalls and fund returns
• Oversight of the Fund Administrator for investor reporting, including quarterly statements, annual audits, due diligence requests, capital calls and distributions
• Help with cash management forecasts and budgets and debt facility oversight to determine available capital for investment
• Maintain the expense register and ledger for budgeting, attribution and forecasting
• Oversee and ensure compliance of fund credit facilities, keeping a thorough knowledge of the portfolio assets
• Analyze data on large asset portfolios, reconcile data and run portfolio compliance tests such as quality and concentration ratios
• Review performance fee calculations and reply to investor queries on fund performance, NAVs, taxes and other topics
• Support audit and tax professionals with year-end reporting, handle ad-hoc requests from management, portfolio managers and investor relations, and assist with SEC or other regulatory compliance as required

Required profile

• Bachelor's or higher degree in Accounting or Finance
• 8-12 years of accounting/finance experience; CPA required
• Strong understanding of accounting theory, fund accounting and financial reporting
• Experience with credit-related products, including position reconciliations, is a plus
• Experience designing and implementing new policies and procedures
• Right to work in the United States without current or future sponsorship

Required skills

• Proficiency with Microsoft Office applications
• Detail-oriented, organized, able to meet deadlines and work independently with minimal direction
• Excellent communication and interpersonal skills, with a customer-service focus

What we offer

• Salary range of $180,000-$210,000, with eligibility for a discretionary bonus
• Paid time off, medical/dental/vision insurance, retirement, life insurance and other benefits
• Hybrid work arrangement