Fund Accounting Associate (Fund Administration)

About the role

CLA is a national professional services firm dedicated to creating opportunities for clients, people, and communities through industry-focused wealth advisory, digital, audit, tax, consulting, and outsourcing services. With over 8,500 people across 130 U.S. locations and global reach, we foster a culture that values diverse beliefs and perspectives to better serve our clients, communities, and each other.

As a Fund Accounting Associate in our Fund Administration Group, you will support a variety of accounting and fund administration activities.

Responsibilities

• Maintain fund accounting records and general ledger activity for investment funds.
• Prepare bank, cash, and balance sheet reconciliations.
• Assist with monthly, quarterly, and annual financial statement preparation.
• Process accounts payable, cash disbursements, cash receipts, and other fund transactions.
• Support capital call and distribution activities, including investor communications.
• Prepare investor capital account statements and reporting packages.
• Assist with management fee calculations and expense allocations.
• Help coordinate audit support requests and prepare workpapers.
• Research and resolve accounting issues while ensuring compliance with applicable accounting standards.
• Build and maintain strong relationships with clients, investors, and internal team members.
• Continuously develop knowledge of investment fund structures, accounting principles, and industry technology platforms.

Requirements

• Accounting and financial experience is preferred.
• Bachelor's degree is required. A combination of related experience, education, and training may be accepted in lieu of degree.

Pay

The compensation range for this position in Minnesota is $55,000.00 – $95,000.00.

The compensation range for this position in Illinois is $55,000.00 – $99,000.00.

Factors such as geography, experience, education, skills, and knowledge may impact the position of pay within the range.

Benefits

CLA offers comprehensive benefit options to support physical, financial, social, and emotional well-being, including:

• Health, dental, and vision insurance
• 401k retirement plan
• Additional wellness-focused benefits