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Jobs · Accounting · Pennsylvania

Service Delivery Center - EY Comply - Fund/Private Equity Accounting - Manager

EY · Philadelphia, PA · 1 wk ago
On-siteAccounting$83k–$190k/yrFull-time

About the role

At EY, we’re all in to shape your future with confidence. We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go. Join EY and help to build a financial services industry in which financial institutions are trusted and flourish, and the global economy is healthy, growing and secure.

Responsibilities

  • Understand the intricacies of PE and PE Fund-of-Fund accounting operations and financial statement reporting
  • Define new procedures and controls to enhance the overall operational risk processes
  • Stay current on business and industry trends relevant to our clients, including PE fund structures and investment record keeping standards
  • Manage a team of seniors and staff to drive execution of daily accounting activities and provide high-quality work within expected timeframes and budget
  • Review team’s work products prior to client delivery and provide necessary coaching for improvement
  • Execute detailed procedures based on knowledge of PE fund controllership, investment books and records, and financial reporting processes
  • Perform critical accounting activities, including capital calls, distributions, quarterly valuation, accruals, and other transaction processing
  • Manage risks and ensure key stakeholders are kept informed about progress and expected outcomes
  • Oversee delivery of client and process requirements in a regulatory driven environment, and understand operationally complex fund controllership principles
  • Develop relationships with team members across multiple geographic locations and time zones

Requirements

  • A bachelor’s degree in business, accounting, economics, finance, or related discipline
  • Minimum 5 years of work experience related to fund controllership, fund valuation, capital calls and distributions, board reporting and production of audited financial statements
  • People management experience with leading project teams and managing direct reports within an organization
  • Experience related to fund controllership, investment books and records, and/or fund administration
  • Analytical skills, especially an understanding of transaction posting, and investment trial balance debits and credits related to fund controllership, investment books and records and asset management
  • Strong proven communication skills demonstrated through effective writing and presentations to clients and internal stakeholders; based on critical thinking and problem-solving skills
  • An understanding of financial products and services, in particular private equity funds
  • An interest in working in an environment which encourages continuous learning, development, and identification of opportunities for improvement of individual and team performance
  • A willingness to work in an office when production activities require but will have the flexibility to work remotely (average 3 days / week in-office requirement)
  • A willingness to travel on an exception basis for client needs

Qualifications

  • CPA
  • Experience with software tools including document management systems, workflow systems, partnership accounting, investment accounting such as eFront, Investran, or other investment sub-ledger software
  • Experience in financial statement reporting/analysis

Skills and attributes for success

  • Ability to foster an innovative and inclusive team-oriented work environment, playing an active role mentoring junior level resources
  • High degree of comfort with PE fund accounting processes and the ability to execute detailed procedures based on knowledge of fund controllership, investment books and records, financial statement processes, and regulatory filing principles
  • Knowledgeable in PE and Fund of Funds investment characteristics and the application of regulatory and financial reporting rules to those investments
  • Effective leadership, project management, and organizational skills

Pay

The base salary range for this job in all geographic locations in the US is $83,000 to $189,600. The base salary range for New York City Metro Area, Washington State and California (excluding Sacramento) is $99,600 to $215,400. Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography.

Schedule

We offer a flexible vacation policy where you’ll decide how much vacation time you need based on your own personal circumstances. You’ll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.

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