Overview
SVP, Director of Finance, Private Markets Jobs in New York, NY at Vaco by Highspring
Title: SVP, Director of Finance, Private Markets
Company: Vaco by Highspring
Location: New York, NY
SVP, Director of Finance, Private Markets
– $260,000 Base + $90,000 Bonus
– S+ Tier Alternative Asset Manager
– Hybrid (3 days in office) – Public/Private mix + CPA is ideal here.
– Audit with financial services, asset management, or alternative investments clients.
– Private side experience in alternative investment strategies, including private credit, PE, hedge funds, and multi-strategy frameworks.
– If just Public experience or just Private experience, we can still discuss, but in that case, will need CPA.
This individual will serve as a senior finance leader with day-to-day responsibility for managing accounting and finance workstreams across the private markets platform.
Fund Accounting & Financial Reporting
- Direct the full scope of accounting operations, including quarterly closing cycles, NAV production, income/expense allocations, and the calculation of distribution waterfalls and fund-level returns.
- Validate and analyze complex distribution waterfalls in alignment with governing legal agreements, ensuring the precision of carried interest, preferred returns, and catch-up provisions.
- Evaluate partnership and fund-level performance metrics, including IRRs and other key indicators, on a quarterly and ad hoc basis.
- Facilitate internal management reporting regarding AUM, revenue, and fund economics for presentation to senior leadership and key internal stakeholders.
Fund Operations & Liquidity Management
- Supervise credit facility administration, encompassing covenant compliance monitoring, borrowing base analysis, and formal lender reporting.
- Direct the investor capital call and distribution lifecycle, overseeing the timing of notices, funding mechanics, and final reconciliations.
Strategic Business Partnership
- Act as a senior finance liaison to Investment Teams on business development and management initiatives, including:
- The structuring of new funds and Separately Managed Accounts (SMAs), including fee frameworks and allocation logic.
- Advising on investment structures to mitigate cash and tax drag (utilizing blockers and navigating ECI/FIRPTA considerations).
- Addressing sophisticated investor due diligence inquiries (DDQs).
Regulatory, Compliance & Tax Coordination
- Partner with Compliance teams to ensure the timely fulfillment of regulatory filings, such as Form PF, Form ADV, AIFMD, and other jurisdictional requirements.
- Drive cross-functional collaboration between Tax, Legal, and Valuation teams, as well as external auditors and fund administrators, to maintain seamless fund operations.
Governance, Controls & Process Improvement
- Champion automation and process-enhancement initiatives to scale fund accounting workflows and improve operational efficiency.
- Manage external service provider relationships (administrators, auditors, and tax consultants), ensuring high standards for deliverables and SLA compliance.
- Provide strategic support for due diligence related to new platform launches, acquisitions, and special projects.
Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual's skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company's 401(k) retirement plan. Additional disclaimer: Unless otherwise noted in the job description, the position Vaco/Highspring is filing for is occupied. Please note, however, that Vaco/Highspring is regularly asked to provide talent to other organizations. By submitting to this position, you are agreeing to be included in our talent pool for future hiring for similarly qualified positions. Submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. Further assessment of candidates beyond this initial phase within Vaco/Highspring will be otherwise assessed by recruiters and hiring managers. Vaco/Highspring does not have knowledge of the tools used by its clients in making final hiring decisions and cannot opine on their use of AI products.
Equal Opportunity Notice
Highspring LLC (d/b/a Vaco by Highspring) and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco by Highspring") are committed to the full inclusion of all qualified individuals and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by applicable law. The company is also committed to ensuring that persons who need them are provided with reasonable accommodations; if an accommodation is needed to participate in the job application or interview process, please contact [email protected] .
Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.
Representation Notice
By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. Additionally, you agree to be included in our talent pool for future hiring for similarly qualified positions. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. Lastly, you agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
For residents of Ontario, Canada only: to the extent the position for employment is not with Highspring or not otherwise noted as vacant above, candidate should be informed that this role is to replace a presently employed person at Vaco by Highspring's client.
Privacy Notice
Vaco by Highspring respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR and UK GDPR may access our policies here.
Additionally, submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. More details about Vaco by Highspring's use of AI can be found here (https://www.highspring.com/ai-use-notices/). Further assessment of candidates beyond this initial phase will be conducted by recruiters and hiring managers. Vaco by Highspring does not know and cannot opine on if its client's use of AI products in hiring.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:
· the individual's skill sets, experience and training;
· licensure and certification requirements;
· office location and other geographic considerations; and
· other business and organizational needs.
With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses and/or participation in medical, dental, and vision benefits as well as the company's retirement plan (or similar retirement benefits).
