Staff Accountant-Fund Administration (Hybrid)
Our client is a global investment firm with locations around the world. The firm has outstanding employee retention due in large part to a
professional work environment; a philosophy of promote from within and excellent company benefits.
This a great chance for an accounting graduate with one year of relevant or transferable experience to join this leading investment firm.
The selected individual will join the Fund Administration Group which is responsible for the accounting, reporting and treasury operations of the
a private equity funds managed by the Firm.
The group issues two reports to investors each quarter: financial statements prepared in accordance with US GAAP for each partnership and
a Valuation and Performance Report (VPR) that includes: components of our quarterly valuations; financial monitoring metrics for the portfolio
investments and a written commentary on recent events / progress on the value creation plan.
The group also plays an integral role in the Firms fund raising efforts, collaborating with our Limited Partner Services and Legal /
Compliance teams, and works closely with other constituencies across Finance and the firm. This position reports to the Fund Manager and is
responsible for the accounting and treasury operations for a subset of private equity funds.
Perform daily reconciliation of fund cash activity and maintain books
and records accordingly
Assist in quarterly close process, prepare draft financial statements
and footnotes and create supporting work papers
Assist with capital calls and distributions, including allocation of
Prepare wire transfers to fund investment activity and distribute
proceeds to investors
Answer information requests from investors, refers investors to other
appropriate resources as necessary
Complete ad-hoc requests for information from management
? 0-2 years of experience in public accounting or as a Fund Staff Accountant, preferably in private equity
? Experience working with Investran a plus
? Bachelors degree in Accounting
? Excellent communication skills, both written and verbal
? Attention to detail, ability to multitask and keep multiple parties up to date on progress
? Strong skills in working with Microsoft Office suite of products
? Ability to create clear and concise documentation and/or work papers to be relied upon by external auditorsWhy is This a Great Opportunity:
Our client is looking to hire an accounting professional with experience in accounting for alternative investments. This experience can be gained by working at a firm that does the outsourced accounting for investment firms, public accounting with relevant clients and/or a firm in alternative investments.
The draw is the scope of the role; the great group of people at the firm and the hiring manager's desire to hire a promotable professional!
Salary Type : Annual Salary
Salary Min : 70000
Salary Max : 85000
Currency Type : US Dollars