Alternative Investment Associate

About the role

Alternative Investments Associates and Accountants work as part of a team responsible for providing accounting, administration and investor servicing for hedge funds, private equity funds and closed-end registered products. Individuals calculate net asset value(s) and disseminate financial and performance information to the investment advisor and their investors. Acting as primary fund accountant on multiple relationships, ensures all fund accounting functions are completed in accordance with Generally Accepted Accounting Principles (GAAP).

Responsibilities

• Calculate net asset values and disseminate financial and performance information to the investment advisor and their investors.
• Ensure all fund accounting functions are completed in accordance with GAAP.
• Record trade information, income/expense activity and apply valuation of securities in the portfolio accounting system.
• Enter and reconcile all investor contributions and withdrawals in the partnership accounting system.
• Allocate fund level profits to individual investors for preparation and distribution of investor statements.
• Review and coordinate fund expense analysis and expense processing.
• Prepare fund financial statements, audit and tax schedules.

Requirements

• Bachelor's degree in Accounting, Finance or a business-related field, or equivalent work experience.
• Two to five years of related experience, preferably in portfolio/partnership accounting.

Preferred Skills/Experience

• Thorough knowledge in accounting, reporting, and analysis.
• Ability to identify and resolve/escalate complex problems with minimal guidance.
• Effective interpersonal, verbal and written communication skills.
• Proficient computer navigation skills using a variety of software packages including Microsoft Office applications.

Pay

$66,640.00 - $78,400.00

Schedule

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.