The Alternatives Finance Group serves as an intermediary between private equity portfolio managers and external partners, including fund administrators, auditors, and tax professionals. The Assistant Controller is responsible for overseeing all aspects of fund reporting operations for multiple private equity funds across the Neuberger Berman platform, as well as providing oversight of fund administrators in recording and reconciling transactions within the portfolio management and accounting systems. Additionally, this position assists with the preparation of historical investment performance analyses, financial statements, and related reports. Private Equity is a rapidly growing business within Neuberger Berman, with over $187 billion in AUM spanning fund of funds, secondary investments, co-investments, and other strategies.

Responsibilities:

• Serve as a key member of the finance team overseeing accounting and financial reporting for Neuberger Berman’s Secondary Funds business

• Support accounting and financial reporting oversight for Neuberger Berman’s broader Private Equity platform

• Oversee fund administrators responsible for preparing quarterly financial statements, capital account statements, capital calls, and distribution notices

• Review audited financial statements and related footnote disclosures

• Review and analyze distribution waterfalls in accordance with fund legal documents

• Review partnership and fund IRRs on a quarterly basis

• Review management fee calculations

• Collaborate with audit and tax professionals to support year-end audit and tax reporting processes

• Prepare detailed cash projections for fund liquidity management

• Partner with marketing to prepare LP-specific reporting and respond to prospective client RFPs

• Work with investor relations to address LP inquiries

• Complete various ad-hoc requests from senior management and portfolio managers

• Support SEC and other regulatory compliance activities as needed

Qualifications:

• Bachelor’s degree or higher in Accounting or Finance

• Strong understanding of accounting principles, fund accounting, and financial reporting

• 4–7 years of accounting/finance experience; CPA preferred

• Highly detail-oriented and organized

• Ability to meet assigned deadlines

• Excellent communication and interpersonal skills, with a client-service orientation

• Ability to operate independently with minimal supervision

• Proficiency with Microsoft Office applications and email

• Demonstrated ability to collaborate effectively with colleagues, management, and external partners to achieve results

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Compensation Details

The salary range for this role is $110,000-$135,000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. This range is only applicable for jobs to be performed in the job posting location. An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, business sector, performance, shift, travel requirements, sales or revenue-based metrics, market benchmarking data, any collective bargaining agreements, and business or organizational needs. This job is also eligible for a discretionary bonus, which, along with base salary and retirement contributions, is part of our total comprehensive package. We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), life insurance and other benefits to eligible employees.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, production, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

Neuberger Berman is an equal opportunity employer. The Firm and its affiliates do not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact onlineaccommodations@nb.com.

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