Assistant Controller, Private Funds at Monroe Capital LLC

Chicago, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

22 Jun, 26

Salary

165000.0

Posted On

24 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounting, Financial Reporting, Investor Capital Statements, Trial Balances, Disclosure Support Schedules, Performance Summaries, Capital Call Process, Distribution Process, System Data Accuracy, Tax Reporting Support, Process Improvements, Team Management, Microsoft Excel, SEC Reporting, Private Credit, CPA

Industry

Financial Services

Description

Description The Assistant Controller will be primarily responsible for overseeing the day-to-day accounting functions for several of the Firm’s fund structures. The Firm is a dynamic high growth organization which currently includes 25+ private investment funds across multiple domiciles and various retail funds such as business development companies (“BDCs”) and real estate investment trust (“REIT”). We are seeking a candidate to join our growing team with a proven ability to work collaboratively with groups across an organization and with outside service providers to direct appropriate information flow and effectively manage reporting deadlines. Job Responsibilities: Manage the preparation and review of quarterly financial reporting and investor capital statements for certain private funds, ensuring both internal and external deadlines are met. Oversee the preparation of accounting support packages and coordination with the 3rd party fund administrator for certain private funds. Activities include developing expense budgets, reviewing account reconciliations, and performing flux analyses over key performance metrics. Perform manager level review and sign off on the monthly/quarterly trial balances prepared by the 3rd party fund administrator and identify and resolve issues Perform manager level review over disclosure support schedules prepared by the 3rd party fund administrator Prepare quarterly fund performance summaries, which include an executive summary of key performance metrics for the period. Assist with investor reporting and coordinate the capital call and distribution process with the 3rd party fund administrator Coordinate with the operations team to ensure accuracy of Wall Street Office system data utilized in accounting support packages, focusing on significant or unusual transactions Oversee the preparation of support schedules for tax reporting and compliance Develop talent and continue to drive efficiencies through process improvements Assist with training and management of the fund accounting team Ad-hoc internal and external reporting Requirements Minimum 6 years of relevant experience Bachelor’s degree in accounting/finance, CPA is a plus Ideal candidate background would include: o Experience in public accounting and/or professional services with client deadlines o Progressive experience within a company o Experience with private & retail funds o Experience with fixed income products; private credit is a plus o SEC reporting exposure with public investment vehicles is a plus o Strong ability / knowledge of Microsoft Excel functions Previous exposure to Wall Street Office bank loan system is a plus A detail-oriented self-starter who enjoys a dynamic fast-paced work environment at a growing company Physical Requirements: Stationary Work: Able to remain in a stationary position for extended periods while performing computer work, phone communication, and administrative tasks. Movement: Occasionally moves about the office to access files, supplies, meeting rooms, or other work areas. Reaching/Positioning: Occasionally positions self to access shelves, organize materials, or retrieve office supplies. Computer and Equipment Use: Regularly operates a computer and other standard office productivity equipment (e.g., phone, printer, copier). Communication: Able to communicate effectively in person, over the phone, and through electronic methods as required to perform essential job duties. Disclaimer: The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed. Compensation: It is expected that the base salary range for this position will be $150,000-$165,000. Actual salaries may vary based on factors such as skills, experience, and qualifications for the role. The total compensation package for this position may also include other elements and discretionary awards in addition to a full range of medical, financial and / or other benefits (including 401(k) eligibility and various paid time off benefits such as vacation, sick time and parental leave) dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, the employee will be in an ‘at-will position’ and the Firm reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time including for reasons related to individual performance, Firm or individual department / team performance and market factors. About Monroe Capital Monroe Capital LLC (“Monroe”) is a premier asset management firm specializing in private credit markets across various strategies, including direct lending, technology finance, venture debt, alternative credit solutions, structured credit, real estate and equity. Since 2004, the firm has been successfully providing capital solutions to clients in the U.S. and Canada. Monroe prides itself on being a value-added and user-friendly partner to business owners, management, and both private equity and independent sponsors. Monroe’s platform offers a wide variety of investment products for both institutional and high net worth investors with a focus on generating high quality “alpha” returns irrespective of business or economic cycles. The firm is headquartered in Chicago and has 12 locations throughout the United States, Middle East, Asia and Australia. Monroe has been recognized by both its peers and investors with various awards including GrowthCap Advisory’s 2025 Top Private Credit Firm List; Inc.’s 2025 Founder-Friendly Investors List; DealCatalyst as the 2025 Most Innovative Private Credit CLO Manager of the Year; Private Debt Investor as the 2024 Lower Mid-Market Lender of the Year, Americas and 2023 Lower Mid-Market Lender of the Decade; Global M&A Network as the 2024 Lower Mid-Markets Lender of the Year, Americas; Korean Economic Daily as the 2022 Best Performance in Private Debt – Mid Cap; Creditflux as the 2021 Best U.S. Direct Lending Fund; and Pension Bridge as the 2020 Private Credit Strategy of the Year. For more information and important disclaimers, please visit www.monroecap.com.

Responsibilities

The Assistant Controller will manage the day-to-day accounting functions for private fund structures, including overseeing the preparation and review of quarterly financial reporting and investor capital statements. Responsibilities also involve coordinating with third-party administrators for accounting support packages, reviewing trial balances, and preparing quarterly fund performance summaries.