What is the job of a fund controller?

What is the job of a fund controller?

Fund Controllers oversee the correct performance of the fund, its accounting and financial statements, and reporting of the fund, liaising with the fund administrators, internal or external auditors and investors to ensure a correct and transparent assessment of the financial situation of the fund.

How much does a controller at a hedge fund make?

The average Hedge Fund Controller salary is $99,230 as of May 27, 2022, but the salary range typically falls between $78,558 and $103,775. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

How much does a Fortune 500 controller make?

Controllers at Fortune 500 companies regularly earn well into six figures and sometimes more than $250,000. At small companies, the pay is often less.

What is Assistant fund controller?

Assistant Controller Their main duties include, maintaining the integrity of the company’s financial reports, distributing calculated funds to various departments and implementing company financial policies.

Do fund accountants get bonuses?

According to PayScale, entry-level fund accountants commonly earn modest bonuses and do not normally receive profit-sharing proceeds.

Do you need a CPA to be a controller?

A Controller… It’s possible for the CFO to also act as Controller (or vice versa) based on the organization’s size. A Controller is not required to have a CPA license, although some companies might require it.

Is controller better than manager?

A controller is a person who has the responsibility for all accounting-related activities within a firm. In most organisations, the controller is the top managerial and financial accountant. A business manager is a person who drives the work of others to run a business efficiently and make a profit.

What is a controller at a VC?

Controller / Assistant Controller Managing Treasury functions: disbursing funds, paying bills & capital calls. Properly record transactions involving capital calls and distributions, purchase of new capital equipment.

How much do accountants make at hedge funds?

Salary Ranges for Hedge Fund Accountants The salaries of Hedge Fund Accountants in the US range from $13,592 to $358,491 , with a median salary of $65,184 . The middle 57% of Hedge Fund Accountants makes between $65,185 and $162,846, with the top 86% making $358,491.