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Fund Accounting, Private Equity

Westbury, NY
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
  • 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