Senior Accounting Associate

We are a global alternative asset management firm with over $250B+ in assets under management. We invest across private equity, credit, real estate, and public markets, and are known for working closely with portfolio companies to drive growth and innovation. The team you’d be joining specifically supports front-office trading and investment operations, building critical platforms used by portfolio managers and traders to manage risk and performance.

Why join us?

• Competitive compensation package, including performance-based bonus potential
• Strong work-life balance with a hybrid work environment
• Exceptional long-term career growth and internal mobility opportunities
• Exposure to complex, high-impact projects and business-critical initiatives
• Opportunity to work with industry-leading professionals in a highly respected organization
• Collaborative, team-oriented culture that rewards ownership, initiative, and problem-solving
• Comprehensive benefits package designed to support employees both professionally and personally
• Stable, growth-focused organization with a strong track record of success and continued expansion

About the Opportunity

Our client is a leading global investment management firm seeking an Associate/Senior Associate to join its GP Services team. This role focuses primarily on the financial operations and accounting activities associated with equity compensation partnerships. The ideal candidate is a quick learner, highly motivated, and enjoys working in a fast-paced, evolving environment.

Responsibilities

• Understand loan facility platforms and facilitate setup and ongoing maintenance for participants.
• Prepare general ledger account reconciliations and journal entries, including:
  • Posting and reconciling daily cash activity
  • Supporting month-end close processes
  • Preparing wire transfers
  • Recording various financial and statistical data
• Apply finance and accounting principles to support monthly partner reporting.
• Interface with internal and external stakeholders to provide information and respond to inquiries in a timely and professional manner.
• Collaborate across multiple teams to ensure the accuracy and completeness of information.
• Prepare financial analyses and reporting.
• Assist with special projects and ad hoc requests as needed.
• Manage capital activity, including:
  • Capital calls
  • Contributions
  • Distributions
  • Daily cash activity
  • Wire processing and money movement
• Support treasury and banking functions, including cash management and liquidity-related activities.
• Calculate, process, and reconcile partner distributions and capital account activity.
• Monitor and reconcile cash transactions associated with partnership operations.
• Assist with allocations, partner reporting, and related financial analyses.
• Support the transition of reporting processes from quarterly to monthly reporting cycles.
• Maintain a high level of accuracy and attention to detail across all financial operations.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• 3–5 years of relevant experience preferred.
• Experience in alternative investments, private equity, partnership accounting, fund operations, and/or GP/equity compensation programs is highly desirable.
• Intermediate to advanced Excel skills, including:
  • Pivot Tables
  • VLOOKUP
  • XLOOKUP
  • HLOOKUP
  • Other advanced functions
• Experience working with CRM platforms, general ledgers, financial reporting systems, and large databases.
• Ability to thrive in a fast-paced, high-energy environment.
• Self-motivated with strong analytical and critical thinking skills.
• Able to work independently and collaboratively within a team environment.
• Strong client-service mindset.
• Excellent interpersonal, communication, and organizational skills.
• Professional, diplomatic, and discreet when handling confidential information.
• Available to work onsite in the Fort Worth office a minimum of three days per week.

Preferred Experience

• 3–5 years of relevant experience in:
  • Private equity
  • Alternative investments
  • Partnership accounting
  • Fund operations
  • Fund administration
  • Equity compensation programs
• Strong experience supporting capital activity, including:
  • Capital calls
  • Contributions
  • Distributions
  • Daily cash management
  • Wire transfers
  • Capital account reconciliations
• Experience reconciling partner and capital accounts.
• Exposure to leverage facilities is a plus but not required.
• Candidates currently working for a fund administrator are encouraged to apply.

Desired Traits

• Exceptional attention to detail.
• Strong analytical and problem-solving skills.
• Open-minded, flexible, and eager to learn.
• Demonstrated interest in financial markets, private equity, alternative investments, or fund operations.
• Positive, collaborative attitude with a willingness to take on new responsibilities.
• Ability to thrive in a fast-paced and evolving environment.

Pay

$95,000 - $115,000 per year, plus bonus.

Schedule

• Hybrid schedule with onsite presence required Tuesday, Wednesday, and Thursday in the Fort Worth office.

Benefits

Great benefits package designed to support employees both professionally and personally.