Who we are
Our Mission
Build winning companies to deliver superior returns to our investors.
Our strategy
Acquire good businesses and partner with management to drive fundamental improvement.
Our values
- Partnership
- Passion
- Discipline
Our core competencies
- Sourcing
- People
- Evaluation
- Continuous Improvement
Our Firm
- Lean, collaborative team, working directly with Partners and senior management
- Successful track record resulting in exciting growth
- 6 out of 7 current Partners started as associates or Vice Presidents at Sterling
- Resources Group, comprised of subject matter experts in Human Capital, Operations, Commercial, Strategy, Technology, and M&A, are members of deal teams and help drive improvements at portfolio companies
- Hands on investing model resulting in deep engagement with our portfolio companies
Our Culture
- We believe in long term partnership and collaboration
- Relentless, firm-wide commitment to continuous improvement
- We say "we" more than "I"
- Entrepreneurial spirit
- Passionate about building winning businesses
The Fund Controller reports directly to the CFO and will play an integral part in the smooth functioning of the accounting, financial reporting and tax functions for the firm’s private credit funds and Foundation Fund, a $600 million lower-middle market equity fund. The Fund Controller will be accountable for the accounting operations of the funds and certain related SPVs to include production of periodic financial reports, including year-end audits, maintenance of an adequate system of accounting records, and a comprehensive set of controls designed to mitigate risk, enhance the accuracy of the reported financial results, and ensure that reported results comply with generally accepted accounting principals and reporting standards.
Key Responsibilities:
Fund Accounting and Reporting
Ensure accurate and timely financial accounting in compliance with partnership agreements
Manage the day to day accounting operations including managing the close process, reviewing journal entries and account reconciliations
Full ownership of the financial reporting process, including quarterly and audited financial statements, and partner capital account statements, for the funds and special purpose vehicles
Manage the calculation and distribution of capital calls and distribution notices to partners
Prepare and review waterfall, management fee, and expense allocation calculations in accordance with partnership agreements
Coordinate ad-hoc reporting to investors
Respond to accounting-related inquiries from limited partners
Fund Operations and Administration
Create and maintain internal controls/processes alongside process improvement initiatives
Ensure funds are operating according to partnership agreements
Manage and review investor transfers
Oversee the annual audit with a Big 4 accounting firm
Oversee domestic and foreign tax compliance for the funds, in collaboration with our tax service provider, including: portfolio company K-1 collection, issuance of investor K-1s, FACTA, and FBARs
Qualifications:
5+ years relevant work experience, including at least four years of public accounting experience with a Big 4 accounting firm is required
CPA designation required
Demonstrated experience working with investment and partnership accounting
Excellent record of academic achievement with an accounting degree from a leading university
Strong Excel skills (e.g., PivotTables, VLookup, etc.)
Tech savvy and able to enhance use of existing systems
Experience with Investran preferred
Competencies:
Highest degree of personal integrity, judgment and professional ethics
Results oriented, strong organizational and time management skills with ability to multitask
Ensures the quality of work output by displaying a keen attention to detail
Resourceful, efficient professional with the ability to meet tight deadlines
Positive leadership style, ability to work effectively under pressure
Strong analytical, operational, organizational and interpersonal aptitude
Excellent oral and written communication skills
