Fund Accounting Associate

Responsibilities

• Work with the third-party administrator (“TPA”) on a daily basis to ensure a.) the books and records of the funds are maintained completely and accurately b.) financial reporting is carried out on a timely basis in accordance with US GAAP; and c.) investor reporting is completed timely and accurately
• Perform cash management activities such as sending wires for investment company purchases and fund expenses, confirming wire instructions, requesting draws and paydowns on the funds’ lines of credits, and reconciling capital calls
• Aid in the preparation of financial statement audits and regulatory compliance reporting
• Review investor K-1s and other tax reporting and filings
• Complete preparation and analytical review of weekly and monthly fund performance and investor reporting
• Support investment and client service personnel on ad-hoc requests
• Aid in special projects as requested

Requirements

• Bachelor’s Degree in Accounting/Finance
• Post-graduate work: CPA
• 2-3 years of experience working for financial services or top-tier accounting firm, with specialization in investment partnerships, hedge fund of funds, mutual funds or private equity
• Excellent verbal, written, analytical, and organizational skills
• High computer proficiency including MS Office (Word, Excel, Outlook), Adobe, CRMs, task management systems, portfolio management systems, etc.
• Solid understanding of investment strategies across equities, fixed income, hedge funds, private equity, and real estate
• Exposure to financial reporting, auditing and tax
• Ability to work autonomously. Reliable, sees things through to completion
• Team Player: Able to work with guidance from multiple professionals, prioritize workflow, and deliver on expectations
• Multitasking, time management skills, and being able to juggle various projects is very important

Benefits

We offer a comprehensive benefits package to support our employees' well-being

• Health & Wellness: Comprehensive medical, dental, and vision insurance
• Retailment: 401(k) with up to 4% company match
• Paid Time Off (PTO): Flexible Leave Policy

About the Role

First Trust Capital Management L.P. (“FTCM”) offers a curated spectrum of alternative investments across private equity, venture capital, hedge funds, real estate, and private credit. These solutions are offered in a variety of structures across the accreditation and liquidity spectrums including interval funds, tender offer funds, private funds, and direct investments to financial professionals, family offices, and institutions.