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Assistant Fund Controller Jobs in Chicago, IL (NOW HIRING)

Geneva Search Partners

Fund Controller

Chicago, IL · Hybrid

SUMMARY As a member of our Private Equity, Real Estate, and Infrastructure Fund Finance team, you ... Support investment and client relationship personnel on ad-hoc requests. * Assist in preparation of ...

Standish Management

Engagement Manager

Chicago, IL · On-site

$100K/yr

... Fund Controller and Associate in matters of fund accounting, capital account maintenance and ... an ongoing basis Assist with sourcing new clients, issuing proposals and overall business ...

Standish Management

Engagement Manager

Chicago, IL · On-site

$100K/yr

... Fund Controller and Associate in matters of fund accounting, capital account maintenance and ... ongoing basis • Assist with sourcing new clients, issuing proposals and overall business ...

Magnetar

Senior Associate, Fund Finance

Evanston, IL · On-site

This position will report to the Controller of Fund Finance and will interact with Operations ... AI Disclaimer Magnetar uses AI tools such as Claude, an AI assistant developed by Anthropic, to ...

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All JobsFund Controller JobsAssistant Fund Controller JobsAssistant Fund Controller Jobs in Chicago, IL

Assistant Fund Controller information

See Chicago, IL salary details

$43.3K

$105.5K

$154.5K

How much do assistant fund controller jobs pay per year?

As of Sep 2, 2026, the average yearly pay for assistant fund controller in Chicago, IL is $105,527.00, according to ZipRecruiter salary data. Most workers in this role earn between $86,000.00 and $122,600.00 per year, depending on experience, location, and employer.

What is an assistant fund controller?

Assistant Fund Controllers are finance professionals who support the management and oversight of investment funds, such as private equity or hedge funds. They assist the Fund Controller or Finance Manager with tasks like preparing financial statements, overseeing fund accounting, coordinating audits, and ensuring compliance with relevant regulations. Their role is crucial in maintaining accurate records and supporting the financial operations of the fund, helping to ensure transparency and trust for investors.

What are the key skills and qualifications needed to thrive as an assistant fund controller?

To thrive as an Assistant Fund Controller, you need strong accounting, financial analysis, and fund management skills, typically backed by a degree in finance or accounting and often a CPA qualification. Familiarity with fund accounting software (such as Investran or eFront), advanced Excel skills, and understanding of GAAP/IFRS standards are essential. Attention to detail, organizational abilities, and strong communication skills help you manage complex financial data and interact with stakeholders. These competencies ensure accurate fund reporting, regulatory compliance, and effective support for investment decision-making.

What are some common challenges assistant fund controllers face during financial reporting periods?

Assistant Fund Controllers often encounter tight deadlines and a high volume of complex data during quarterly and annual reporting periods. Ensuring accuracy in reconciliations, compliance with evolving regulatory requirements, and effective communication with auditors and portfolio managers are typical challenges. Developing strong organizational and time management skills, along with proficiency in fund accounting systems, can help manage these peak periods more effectively. Collaboration with other finance team members is also essential to meet reporting deadlines and maintain data integrity.

What cities near Chicago, IL are hiring for Assistant Fund Controller jobs?

Cities near Chicago, IL with the most Assistant Fund Controller job openings:

Assistant Fund Controller jobs near you
Infographic showing various Assistant Fund Controller job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 75% Full Time, 21% Part Time, 1% Temporary, and 2% Contract. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $105,527 per year, or $50.7 per hour.

Assistant Fund Controller

Propel Recruitment LLC

Mundelein, IL • On-site

$165K - $195K/yr

Other

Posted 6 days ago

Job description

About the Firm

A growing private investment management firm, with deep expertise in both private equity and real estate, is seeking an Assistant Controller to support its fund accounting and reporting function. With a strong national presence and a collaborative culture, the firm emphasizes professional growth, integrity, and excellence in service to its investors.


The Opportunity

The Assistant Controller will be a key member of the accounting team, working closely with the Fund Controller and senior leadership. This role offers the chance to gain broad exposure to fund operations, contribute to investor reporting, and support strategic initiatives as the firm continues its expansion.


Key Responsibilities

  • Partner with the Fund Controller on all aspects of fund-level accounting and reporting
  • Prepare and review quarterly and annual investor reporting packages
  • Manage consolidations, reconciliations, and investment account roll-ups
  • Oversee audits and tax engagements, serving as the primary contact for external partners
  • Ensure accuracy and timeliness of fund financial statements and performance metrics
  • Collaborate with internal teams on cross-functional projects and special initiatives
  • Monitor fund performance and provide analytical insights to leadership


Qualifications

  • Bachelor’s degree in Accounting, Finance, or related field
  • 5+ years of relevant experience in fund accounting, investment management, or public accounting
  • CPA designation (or progress toward) strongly preferred
  • Background in private equity or real estate funds is advantageous
  • Strong understanding of partnership and fund accounting principles
  • Excellent analytical, communication, and organizational skills


Compensation

  • $165K-$195K base
  • This compensation range is a good faith estimate of the expected wage range you can expect to be paid upon hire.


Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

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