Fund Administration Associate

About the role

The organization operates in the private fund management sector, addressing the operational challenges faced by private fund managers. It supports the entire lifecycle of private funds and management companies by managing investment execution, investor relations, compliance, finance, and human resources to meet regulatory requirements. The organization emphasizes consistent service excellence and accountability while valuing integrity, effort, communication, and work-life balance.

The Fund Administration Associate role is designed for individuals seeking to gain experience in the finance industry within a collaborative, people-oriented environment. This position focuses on supporting the operational and financial aspects of private funds by assisting with accounting, investment tracking, and reporting. The role contributes to delivering high-quality service to clients and upholding organizational principles.

Responsibilities

• Assist with recording basic accounting entries involving cash and accrual activities
• Support tracking of investment activities and preparation of performance reports
• Reconcile cash balances and help resolve discrepancies
• Prepare schedules related to management fees, allocations, and fund calculations
• Assist in preparing financial statements, reports, investor notices, and tax schedules
• Collaborate with colleagues and third-party providers such as auditors and tax teams
• Participate in team learning opportunities and support onboarding of new hires

Requirements

• Degree in accounting, finance, economics, or related field (or equivalent coursework/experience)
• Basic understanding of accounting principles; GAAP knowledge is a plus but not required
• Strong organizational skills and attention to detail
• Clear and professional written communication
• Willingness to learn fund concepts including fees and capital activities
• Comfort working in a fast-paced, team-oriented environment
• Proficiency with Microsoft Office Suite, especially Excel
• Interest in learning fund administration software; training provided

Pay

The annual base salary range for this position is $65,000 to $80,000. Quarterly bonus program sharing one-third of company profits with team members.

Benefits

Comprehensive benefits.