Benefits:
401(k) matching
Bonus based on performance
Stock options plan
Controller – Fund & Portfolio Operations
Location: Houston, TX or Southern Connecticut (regular office presence required)
Background: LDR Partners (“LDR”) is a private equity firm focused on control investments in lower middle-market industrial manufacturing businesses. Founded by U.S. Army veterans and seasoned investors, LDR backs North American manufacturers with equity capital and operational expertise to scale with excellence while upholding values of trust, service, creativity, and discipline. Since 2019, LDR has completed multiple platform and add-on acquisitions through its American manufacturing-focused buyout strategy. LDR maintains its headquarters in Houston, TX.
Position Description: LDR is hiring its first dedicated Controller to support the financial and operational growth of the firm and its invested companies. This is a high-impact role responsible for fund financial operations, administration, and accounting; portfolio company financial oversight (reporting & KPIs); and management company financial reporting. The Controller will partner closely with senior leadership, third-party providers, and the investment and operations teams to ensure excellence across all finance functions.
The Controller, Fund and Portfolio Operations will oversee fund financial operations, manage fund administrators, ensure compliance with accounting standards, oversee portfolio company financial reporting and KPIs and support both internal and external reporting. This is a strategic role that works closely across senior leadership, and the finance and portfolio operations teams.
Key Responsibilities:
Fund-Level Responsibilities
Manage all day-to-day fund accounting and financial operations, including investor capital flows, investment transactions, and cash management.
Serve as primary liaison with the outsourced fund CFO, including oversight of NAV calculations, capital account reporting, and financial statement review.
Coordinate and review the technical financial aspects capital calls, distributions, and investor notices in collaboration with IR/Operations lead (or equivalent) and fund admin.
Oversee fund-level financial audits and tax compliance, working with external auditors and advisors.
Maintain compliance with fund documents (LPA, side letters) and applicable regulations.
Support performance analytics, including carry and waterfall calculations.
Assist in fund formation activities including administrator onboarding, systems setup, and coordination with legal and compliance partners in collaboration with IR/Operations lead (or equivalent).
Implement process improvements and internal controls for fund financial operations.
Support responses to investor financial inquiries and support LP reporting requirements in collaboration with IR/Operations lead (or equivalent).
Portfolio-Company Responsibilities
Manage the intake, review, and quality control of monthly and quarterly financial packages from portfolio companies.
Establish and enforce consistent financial and operational KPI reporting across the portfolio.
Coordinate covenant compliance reporting and lender-facing financial submissions.
Liaise with external tax advisors to ensure timely and accurate tax reporting at the portfolio level.
Support annual financial audits and reviews of portfolio companies, ensuring timelines align with fund and tax reporting needs.
Management Company Responsibilities
Oversee the management company’s financials in coordination with external accountants or internal staff.
Support budgeting, cost saving initiatives, expense tracking, cash management, and financial reporting for the management company.
Support preparation of financial materials for internal planning and board reporting.
Monitor and refine internal controls and reporting systems at the management company level.
· General
Support ad hoc projects and strategic initiatives as requested by senior leadership.
Candidate Profile:
Bachelor’s degree in Accounting, Finance, or related field; CPA preferred.
5+ years of experience in fund accounting or financial reporting, with at least 3 years in a fund controller or manager-level role.
Experience in private equity or venture capital funds strongly preferred
Strong understanding of US GAAP and partnership accounting.
Hands-on experience with third-party fund administrators and audit/tax processes.
Strong proficiency in Excel and financial reporting systems
Excellent communication, organizational, and problem-solving skills.
Ability to thrive in a fast-paced, collaborative environment.
Compensation & Benefits:
Competitive base salary and bonus potential
Comprehensive health, dental, and vision insurance
401(k) match retirement program
Professional development and advancement opportunities
· Exposure to a growing portfolio of U.S. manufacturing businesses
Collaborative, mission-driven team culture
Career Progression: LDR is committed to developing internal leaders. High performance in this role will position you for future leadership opportunities within the firm.