Controller Accounting

Joseph P. Stadler, CPA

Rowayton, CT *****

(Cell – 917-***-****; email: ***********@*****.***)

Qualifications

Seasoned leader with broad accounting experience and expertise in accounting for investment funds and investment managers gained while serving as global controller for a preeminent hedge fund; chief financial officer for start-up investment management firms; treasurer for the institutional investment funds of a major investment bank; and as a senior manager in the audit practice of a national firm. Strong team building and leadership skills, managing teams focusing on strong controls and best practices. Significant not-for-profit accounting experience early in career included health and welfare agencies, municipalities and colleges and universities. Completed AICPA Not-for-Profit Certificate I.

Selected accomplishments:

Grew, managed and developed teams that would; oversee daily accounting and month-end close, identify and resolve issues, prepare management and Board reports, prepare/review financial statements, manage the annual audit.

Successfully managed through start-up, high growth periods and reorganizations.

Managed teams at the fund administrator including the conversion from month-end accounting platform to daily accounting platform including enhanced daily PNL reporting. Worked with administrator to reduce the time to close month-end from 20 days to 7 days.

Managed accounting and financial reporting aspects for several restructurings including conversion to IFRS from US GAAP for financial reporting.

Managed improvements in daily processing and reporting through enhanced automation in-house (including real time PNL reporting) and at the administrator

Led the evaluation and selection of the third party administrator.

Broad experience with investment products including credit and asset-backed securities.

Private equity experience includes accounting for direct investments (approx. $2 billion) and PE funds (approx. $3 billion), and accounting for capital calls and distributions.

Current Experience:

Spinnaker Consulting Services LLC 2016 – Present

Managing Member of my single-member firm that provides consulting services to investment managers, their investment funds and fund administrators. Assignments have included: evaluating, streamlining and enhancing controls over manual allocation procedures at a hedge fund administrator, documenting procedures for side pocket investments (Geneva) and enhancing documentation for daily and month-end close procedures; prepare draft financial statements for master-feeder funds, and serve as back-up for an accounting manager.

Prior Experience:

Soros Fund Management LLC 2006 – 2015

Global Controller

Established a group of six professionals that oversaw the accounting and financial reporting for a complex hedge fund with net assets in excess of $20 billion, in a master feeder structure. The fund employs macro, equity, credit, real estate and private equity strategies. Worked closely with the Family Office accounting team.

Saranac Capital Management LP 2004 - 2006

Chief Financial Officer

CFO for this start-up asset management group of over 50 employees that was spun-out from Citigroup. Responsible for the development of accounting procedures and controls, maintaining full general ledger for the management company and overseeing the accounting for the investment funds. Responsible for client billing, payroll, benefits and accounts payable functions.

Aetos Capital, LLC 2001 - 2004

Chief Financial Officer

CFO responsible for the development of accounting procedures and controls, maintaining full general ledger for the management company and the alternatives management funds, preparation of consolidated financial statements (real estate private equity and alternatives products) and tax reporting for the holding company and affiliates. Responsible for client billing, payroll and accounts payable functions.

Morgan Stanley Investment Management 1993 - 2001

Executive Director, Vice President, Senior Associate

Developed and managed the Fund Administration function for the institutional funds (primarily 1940 Act funds) during a period of substantial growth. Funds initially totaled approximately 20 growing to over 120 by 2001. Fund types included U.S. and international equity and fixed income, emerging markets equity and debt, real estate and high yield, and included single country closed-end emerging markets funds.

Price Waterhouse 1983 – 1993

Audit Senior Manager, Audit Manager, Audit Senior

Provided audit and advisory services to financial services clients in the Los Angeles (1990 – 1993) and New York offices (prior to 1990). These clients included investment management firms, investment management funds (onshore and offshore) and securities broker/dealers. Clients included The American Funds (Capital Group) and Dimensional Fund Advisors.

Education: Rochester Institute of Technology, BS Accounting

Certifications: CPA in New York; AICPA Not-for-Profit Certificate I

Affiliations: AICPA; NYS Society of CPAs

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