TOTAL COMPENSATION is targeted at $130K - $150K but will be determined based on candidate’s credentials, performance and value added to the firm / department.
Fund Accounting, Private Equity
Our client is a prominent, Investment Manager / Private Equity Firm with investments throughout the world. They have a proven track record investing across many diverse industries.
Responsibilities will include (but not be limited to):
- Work under the direction of the Controller, on financial execution and analysis
- Execute all monthly, quarterly, and annual accounting closes, including setting the reporting calendar with specific timeline and deadlines to meet all reporting requirements
- Prepare/review investor funded and unfunded commitments
- Prepare/review distribution and ensure waterfall models in accordance with partnership agreements
- Prepare/review IRR and performance reporting models
- Responsible for producing and reviewing fund financial statements
- Work closely with outside administrator when applicable
- Provide project management, financial, business and technical accounting expertise to facilitate timely generation, synthesis and distribution of financial and management reports
- Ensure and document that there is clear and completedocumentation of management’s testing of internal controls
- Provide key information and management reports to business leaders indifferent businesses to support decision making and strategy of the units
- Assist deal teams on technical accounting reviews of current transactions and acquisitions in pipeline
- Review and approve journal entries and ensure the execution of SOX controls
- Provide strong leadership and development to the accounting, finance and administrative staff, including managing, training, motivating, developing and retaining high quality accounting professionals
- Review daily fund cash flow for accuracy
- Special projects, including assisting with deal structuring valuations
- Assist in compliance with relevant regulatory requirements
- Mentor junior accounting staff
- Ad hoc projects
Qualifications
- Bachelors’ degree in Accounting / Finance
- CPA license preferred
- 5-10 years working experience in private partnership accounting / public accounting
- Strong knowledge of accounting, generally accepted accounting principles and financial reporting
- Proficiency in month/quarter/annual closings
- Understanding of private equity fund structures is required.
- Experience interacting with outside administrators and custodians
- Knowledge of fixed income securities, debt instruments, alternative investments, securitization, or other investment products a plus
- Ability to handle multiple tasks effectively and work within tight deadlines
- Strong team player, detail-oriented with prior supervision experience
- Strong interpersonal, communication (written and spoken) and organizational skills
- Strong Excel skills