Overview
Join a dynamic and growing finance team as a Senior Accountant, where you will play a crucial role in managing financial operations and supporting investment activities. This position offers a unique opportunity for professional growth, allowing you to collaborate with experienced professionals and gain exposure to both fund and management company accounting. Embrace a culture that values innovation, teamwork, and a proactive approach to problem-solving, while contributing to the success of a respected firm in the distressed investment space.
Responsibilities
- Oversee the monthly Fund NAV process and quarterly reporting in collaboration with external administrators.
- Review and validate management fees, carried interest calculations, investor allocations, and fund expenses.
- Conduct cash and bank activity reconciliations to ensure accurate financial reporting.
- Coordinate the annual GAAP audit with fund auditors, ensuring compliance and accuracy.
- Assist in managing fund liquidity, including daily cash management, investor capital calls, and distributions.
- Produce detailed fund and investment performance reports for marketing and client deliverables.
- Support the portfolio valuation process and contribute to tax compliance reporting, including Fund K-1s and tax returns.
Qualifications
- Must-Have:
- 2+ years of relevant work experience in accounting, preferably with a focus on SEC-registered investment advisers and private funds.
- CPA certification is preferred.
- Familiarity with closed-end fund structures and management company accounting.
- Strong knowledge of GAAP and financial reporting standards.
- Proficiency in Microsoft Excel, Word, and other Office applications.
- Nice-to-Have:
- Advanced Excel skills or basic programming knowledge (e.g., SQL, VBA).
- Experience with fund accounting software or ERPs such as SAP or NetSuite.
- A bachelor’s degree in accounting, finance, business, or a related field.
