Assistant Controller

BDC Responsibilities

Support the quarterly financial close process, partnering with junior accountants and third‑party fund administrators to ensure timely and accurate preparation of 10‑Q and 10‑K filings.

First‑Level Review Responsibilities

• Review internally prepared workpapers, including accounting treatment write‑ups supported by technical research, analysis, and interpretation.
• Prepare journal entries as needed.
• Evaluate new GAAP and regulatory updates to determine impacts on financial reporting and disclosures.
• Review quarterly reporting packages prepared by the third‑party administrator.

Financial Reporting & Valuations

• Prepare schedules and calculations required for financial statement disclosures.
• Work closely with the investment team on quarterly valuation procedures, analyzing valuation impacts on financial statements.

Audit, Tax & Regulatory Compliance

• Coordinate with external auditors and tax firms to ensure timely completion of annual audits and tax filings for the BDC and related entities.
• Manage SBA regulatory reporting, including quarterly Form 468 and 1031 filings.
• Review quarterly workpapers and Form 468 submissions for SBIC funds.
• Oversee annual SBA examinations and support audits of standalone SBIC financial statements.

Sarbanes‑Oxley (SOX) Compliance

• Manage the SOX process end‑to‑end for the BDC.
• Partner with internal and external auditors on interim and annual testing.
• Maintain proper documentation and retention for all internal processes.

Management Reporting

• Assist in preparing quarterly management reporting, including board presentations, meeting minutes, and investment performance metrics such as IRR calculations.

Interest Invoice Oversight

• Review monthly interest invoices, including rate and principal changes, to ensure accuracy.
• Manage distribution of interest invoices to borrowers.

Cash Flow & Operations

• Review weekly cash flow analyses and support planning activities.
• Oversee the cash application process in coordination with the external custodian.

Management Company / Investment Advisor Responsibilities

• Assist with quarterly credit facility reporting.

Qualifications

• Bachelor’s degree in Accounting
• 6+ years of relevant experience
• Strong proficiency in Microsoft Office, especially Excel and PowerPoint
• Self‑starter with the ability to work independently and collaboratively
• Experience supervising junior staff and managing third‑party service providers
• Strong analytical and problem‑solving skills
• Ability to meet strict deadlines and manage multiple priorities
• Excellent written, verbal, and interpersonal communication skills
• High attention to detail and strong organizational skills
• Motivated, proactive, and eager to take on increasing responsibility
• CPA required