Senior Fund Accountant - Private Equity

Position Overview:

The Senior Fund Accountant will support the day-to-day accounting and financial statements of the Company’s fund partnership vehicles. In this position, the Senior Fund Accountant will work with a team of accountants and various fund administrators. The Senior Fund Accountant will also work closely with the Fund Accounting Treasury and Operations teams along with the Investment Operations team.

Essential Job Functions:

This hands-on, detail-oriented position will:

• Review calculations of investor cash flow activity including capital call and distribution notices
• Track daily cash activity, including setting up wire payments and daily cash projections
• Review management and performance fees
• Assist in the review of the quarterly unaudited and annual audited financial statements in accordance with GAAP / IFRS
• Assist in the review of quarterly performance reporting
• Review workpapers and supporting documentation for the annual financial statement audit
• Review partner allocations and capital account statements
• Support the investment team in the closing of transactions, including responding to information requests, review of allocations, review of reporting requirements and other support and analysis as needed
• Support various fund administrators and coordinate delivery of required reporting, etc.
• Understand partnership agreements and interpret reporting requirements and partner economics
• Correspond with Corporate Accounting / General Partners regarding accounting/reporting questions, or comments
• Review distribution waterfalls and carried interest
• Respond to investor requests in a professional and timely manner
• Assist tax department with Fund and investor K-1s review and various tax payments
• Perform other duties as requested or as responsibilities dictate

Qualifications: 

• CPA preferred
• Must possess a four-year college degree with a major in Accounting
• Two to four years of private equity partnership or real estate fund accounting experience
• Strong Microsoft Excel experience

Required Knowledge, Skills, and Abilities:

• Ability to multi-task and manage priorities against key deadlines in a fast-paced environment
• Previous experience with Real Estate accounting, Investment Company Accounting and ASC 820 (FAS 157)
• Must be able to work independently, but contribute in a team-oriented environment
• Strong verbal and written communication skills

Salary Range - $80,000 - $95,000

The salary range is an estimate of pay for this position.  Actual pay may vary depending on job-related factors that can include location, education, skill, and experience.  The salary range does not include any benefits or other forms of possible compensation that may be available to employees.

Last updated on Aug 22, 2024