Controller: Holding Company
Overview
Lafayette Square creates investment opportunities in overlooked places and underserved markets. We invest across asset classes and seek to provide robust risk-adjusted returns to investors while proactively supporting the people and communities in which we invest. Founded by Damien Dwin in 2020, we believe by increasing access to economic opportunity, we can build a more inclusive American economy.
Job Summary
Lafayette Square’s Finance team is seeking a Controller, reporting to the Managing Director, Finance, to manage all accounting, financial reporting and operations of Lafayette Square’s holding company and its subsidiaries, including an investment adviser to a Business Development Company (BDC) and other investment strategies.
Specific responsibilities include, but are not limited to:
- Lead management company accounting, cash management and accounts payable/receivable functions, and vendor management
- Provide leadership and oversight of third-party fund administration accounting team on monthly and quarter-end close processes, preparing accurate and timely financial statements and supporting schedules of the holding company and its subsidiaries
- Work with third-party accounting team on the preparation of annual financial statements and related footnotes
- Manage complex audit and tax engagements with Big 4 service provider for holding company and its subsidiaries
- Develop and scale budgeting, planning and cash forecasting function alongside Managing Director, and periodically track budget vs. actual variances, including the preparation of variance analyses and related commentary
- Prepare financial reporting and analysis for delivery to external company stakeholders
- Manage related party transactions between the holding company and other business lines, working closely with other Lafayette Square teams on shared accounting and business matters
- Work alongside and add value to multiple departments and verticals at holding company by providing finance and accounting insights
- Maintain, improve, and execute all accounts payable and accounts receivable processes and controls
- Oversee the management of vendor contracts with a particular focus on utilization, relevance and renewal terms
- Prepare weekly operational expense summary to ensure timely vendor payments
- Implement and maintain proper documentation regarding the accounting controls and operational procedures
- Provide support and analysis of potential new service providers across various disciplines
- Opportunistically incorporate AI into processes and procedures as well as into developing work product
- Develop and implement best practices for internal employee expense reimbursement software and reporting
- Prepare ad hoc financial analyses and technical accounting memos related to underlying business matters and potential new business lines
Requirements:
- Minimum of 7 years relevant work experience in management company accounting, ideally with a private credit/equity fund or hedge fund
- Must have significant experience with Quickbooks
- Experience with general ledger and/or FP&A software implementation a plus
- Strong Excel skills required
- Strong knowledge of GAAP related to fund/investment management
- CPA accreditation highly preferred
- The candidate must have strong verbal and written communication skills
- The candidate must also have an enthusiasm for learning and demonstrate the ability to excel under tight deadlines and multiple tasks
- Being a team player with a positive attitude
Compensation:
$125,000 - $175,000 based upon experience
Contact
For more information, please email your resume to:
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