Manager / Senior Accounting Manager - Private Equity

Essential Job Functions

• Manage and oversee a portfolio of funds, which includes but is not limited to:
• Review work prepared by the fund administrator
• Reviewing accounting entries from the Fund Administrator’s accounting and reporting systems
• Reviewing and reconciling cash and investment accounts with General Partner reports
• Reviewing of investment partnership reports
• Reviewing and reconciliation of capital account activity
• Quarterly unaudited and annual audited financial statements in accordance with GAAP
• Coordinate preparation of annual audits with outside CPA firm
• Manage process for delivering quarterly and annual investor reports and other ad-hoc communications
• Calculate and distribute investor capital call and distribution notices
• Understand partnership agreements and interpret reporting requirements and partner economics
• Calculate management fees, distribution waterfalls and carried interest
• Correspond with General Partners regarding accounting/reporting questions, or other issues, as necessary
• Correspond with underlying investors regarding questions, requests, and respond to investor requests in a timely manner
• Perform other duties as requested or as responsibilities dictate
• Perform Treasury management functions, including:
• Review and/or approve wire templates and wires
• Monitor the Fund’s cash positions and prepare cash projections as needed
• Manage the Fund’s line of credit facilities, including arranging borrowings and repayment, quarterly compliance certificates, review of interest and unused fee calculations

Qualifications

• Experience with accounting for private equity partnership, fund of funds and/or Real Estate fund accounting
• CPA and/or MBA preferred
• A Bachelor’s Degree in Accounting with 5-7 years' professional accounting experience
• Ability to multi-task and manage priorities against fast-paced key deadlines
• Ideal candidates will have experience with SEC registered investment advisors
• Must be able to work independently but contribute in a team-oriented environment
• Previous experience with Investment Company Accounting and ASC 820 (FAS 157) and FIN 48
• Strong Microsoft Excel experience
• Experience training and managing junior professionals and reviewing the work of others

Required Knowledge, Skills, And Abilities

• Strong written and verbal communication skills
• Ability to maintain strict confidentiality of client, investment and company information
• Ability to problem solve and leverage technology
• Acute attention to accuracy and detail
• Professional demeanor and an ability to work well in a team environment
• Highly proficient in using Excel, Word, and other Microsoft office programs
• Willingness and ability to learn and implement new programs and processes

Pay

Salary Range: $120,000 - $140,000

The salary range is an estimate of pay for this position. Actual pay may vary depending on job-related factors that can include location, education, skill, and experience. The salary range does not include any benefits or other forms of possible compensation that may be available to employees.