Fund Accounting Senior Associate

As a Fund Accounting Senior Associate, you will be responsible for the preparation, analysis and reporting of investment and fund NAV/performance. As an integral member of the Accounting Advisory and Fund Accounting Team, you will take ownership for the accurate and timely calculation of the NAV and fund financial reporting for various types of private funds (hedge, private equity, private debt, real estate etc.). You will work collaboratively with internal partners across multiple locations and functions, ensuring clear and open communication to address all challenges.

 

Your day-to-day may include:

• Support the full-cycle accounting process for multiple private equity funds, including preparation of journal entries, reconciliations, and financial reporting.
• Understand and assess all inputs and drivers of the NAV
• Review core reconciliations and investigate any reconciling items to ensure the accuracy of the NAV
• Participate in capital call and distribution processes, ensuring accurate tracking and reporting of investor activity.
• Maintain investor capital accounts, including commitments, contributions, preferred returns, and carried interest.  Analytically review monthly/quarterly investment and fund performance data
• Take ownership of the NAV production and dissemination delivery
• Prepare and review financial statements for funds 
• Work directly with external auditors to ensure accuracy of each fund annual financial statements
• Maintain required records and checklists to evidence reviews
• Identify and escalate issues and assist in their resolution as needed
• Maintain an excellent and collaborative relationship with internal and external partners 
• Seek to improve efficiency and controls through automation and by identifying process and control enhancements
• Other duties as assigned

 

You have the following technical skills or qualifications: 

• Bachelor’s degree in Accounting required
• Minimum 2 years of experience in the fund accounting environment required
• CPA or on track for CPA certification
• Exposure to private equity or alternative investment structures is a plus
• Experience directly coaching others
• Strong understanding of U.S. GAAP and investment accounting principles.
• Proficiency in Excel; experience with fund accounting systems (e.g., Investran, Geneva, Allvue, OneSource, DFIN Arc Reporting, etc.) is a plus.
• Excellent attention to detail, organizational skills, and communication abilities.
• Ability to work independently and collaboratively in a deadline-driven environment. A strong track record of developing relationships with key partners, both internally and externally
• An understanding of what drives NAV performance and how it can be measured
• An understanding of financial markets, investment types and strategies
• A strong understanding of the accounting and pricing policies for different investment types
• Experience with fund structures including but not limited to master funds, blocker and standalone entities, feeder funds, liquidated funds, and newly commenced funds
• Ability to work additional hours and/or travel as needed

 

The base salary for this position in our New York City (Manhattan Office) only is $86,400 to $129,600

 

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