Fund Controller

:

Fund Controller

Hybrid

Northbrook, IL

About

Hilco Global is a privately held diversified financial services company and the world's preeminent authority on maximizing the value of assets. Hilco delivers customized solutions to undervalued, high-potential companies to resolve complex situations and enhance long-term enterprise value. The firm delivers a unique blend of restructuring and principal investing (both equity and credit) solutions across the retail, commercial industrial, real estate, manufacturing, brand, and intellectual property sectors. For 38 years, Hilco Global has operated as a holding company comprised of more than twenty specialized business units that act as an advisor, agent, or principal in any transaction. Currently, the company has $3 Billion in assets under management. Hilco works to deliver the best possible result by aligning interests with clients and providing strategic advice and, in many instances, the capital required to complete the deal. Hilco Global is based in Northbrook, Illinois and has more than 900 professionals operating on five continents.

Our growing team is seeking an experienced and detail-oriented Fund Controller to oversee the financial operations and reporting for the organization's investment portfolio. This hybrid role, based in our Northbrook, IL Global Headquarters, is responsible for ensuring accurate financial reporting, monitoring investment performance, managing compliance with relevant regulations, and providing strategic insights to senior management. This role is ideal for someone who understands fund structures, can interpret complex investment data, and excels at turning financial reporting into actionable insight for internal and external stakeholders.

Key Responsibilities

Investment Fund Management

• Responsible for the financial accounting and reporting of all fund investment activities, including coordination of annual audits with independent accountants
• Maintain and oversee the general ledger for investment funds, ensuring accuracy and integrity of fund-level accounting
• Prepare and review monthly, quarterly, and annual investment financial statements and performance reports, ensuring compliance with internal policies and regulatory requirements
• Prepare journal entries, including complex waterfalls and IRR/return calculations across fund investments
• Monitor investment cash flows, capital calls, and distributions
• Monitor fund expense ratios and ensure they are in line with the projected budgets
• Support budgeting and forecasting processes related to investment income and asset allocation

Compliance and Internal Reporting

• Serve as a liaison between investment operations and accounting for internal clients, including business verticals and investment portfolios
• Support deal-level analysis, going beyond accounting principals to interpret investment performance and underlying metrics
• Partner with FP&A to support budgeting and forecasting across deals and investment vehicles
• Develop enhanced management reporting packs that combine accounting data with analytical insights for leadership and stakeholders
• Lead initiatives to enhance investment reporting systems and tools
• Support the development of internal control framework and the integration of the investment and accounting systems
• Ensure compliance with relevant accounting standards (GAAP) and other regulatory requirements

External Investor & Fund Reporting

• Own monthly reporting process for external stakeholders including deal partners, and investors
• Develop and maintain standardized templates for recurring investor and fund reports (approximately 10-15 reports per month)
• Ensure accuracy and consistency of key financial data such as capital account balances, investment valuations, and return metrics
• Clearly explain data driven performance results and variances to stakeholders
• Report and analyze month-over-month changes in fund and investment performance
• Act as a reporting and maintenance hub between the FP&A and accounting teams, ensuring alignment on the structure and treatment of fund products and instruments

Qualifications

• Bachelor's degree in accounting, Finance, or a related field (advanced degree is a plus), CPA preferred
• 8+ years of experience in investment accounting, financial reporting, or a similar role
• Experience with financial reporting, audits, and compliance within private credit or similar alternative investments
• Strong knowledge of investment products, financial markets, and accounting principles
• Excellent analytical, organizational, and problem-solving skills
• Expert in Microsoft Excel and other financial modeling tools
• High attention to detail and ability to meet tight deadlines
• Strong communication and interpersonal skills

In compliance with the Illinois Pay Transparency Law, the base salary range for this role in Illinois is between $150,000.00 and $180,000.00. This range does not include discretionary bonus or other forms of compensation or benefits offered in connection with this job. Several factors are considered when determining a candidate's compensation. Please note that the salary range listed for this position is based on the level of experience outlined in the . If a candidate's experience differs from the requirements, the salary may be adjusted accordingly.

Hilco Global is an equal opportunity employer. Qualified candidates will be considered on merits and without regard to race, religion, color, national origin, age (40 and older), sexual orientation, genetic information, marital status, gender, veteran, or disability status.

Hilco Global strives to comply with all applicable local/state regulations regarding displaying salary ranges. Any offered salary is determined based on relevant factors such as applicant's skills, job responsibilities, prior relevant experience, certain degrees and certifications and market considerations. In addition, Hilco Global is proud to offer a comprehensive, competitive benefits package, with options designed to help you make the best decisions for yourself, your family, and your lifestyle. Available benefits are based on eligibility. Our Total Rewards package includes a variety of medical and dental plans, vision coverage, disability and life insurance, 401(k) plans, and a robust suite of personal well-being benefits to support your mental health.