About the Opportunity
Our client, a high-profile investment manager in Los Angeles, is seeking an Assistant Vice President, Deal and Cash Operations to join its growing operations team. This is an outstanding opportunity for an experienced investment accounting professional to gain hands-on exposure across private deal transactions—including transaction booking, investment proceeds, complex cash movements, and hedging—while collaborating with stakeholders firmwide and contributing to continuous process improvement.
The annual base salary range is $125,000 to $175,000. Actual compensation offered to the successful candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level, among other things. Details about eligibility for bonus compensation (if applicable) will be finalized at the time of offer.
Job Responsibilities
- Translate deal documents into accounting records that accurately reflect deal economics and meet accounting requirements, ensuring timely and accurate entry into internal systems
- Identify and record investment proceeds (principal, interest, paydowns, sales) promptly and accurately
- Book deal lifecycle events—including credit events, reorganizations, amendments, and exits—from an investment accounting perspective
- Process and account for cash movements through complex legal entity structures
- Coordinate closely with investment, fund accounting, and operations teams to fund and close private deal transactions under demanding timelines
- Manage cash positioning, including facilitating deal fundings and hedging currency risk through FX orders
- Forecast cash balances, ensure availability for transactions, and monitor/prevent overdrafts in multiple currencies
- Liaise with internal and external stakeholders including auditors, custodians, fund administrators, and counterparties
- Participate in cross-functional initiatives to enhance the private deal workflow
- Develop and document effective operating procedures; provide training and guidance to team members as needed
- Set and monitor SLAs and KPIs to measure and continually improve operational processes
- Identify and mitigate process risks; implement root cause process improvements based on daily issues and trends
- Manage resources and mentor junior team members as required
Job Requirements
- Bachelor’s degree required
- CPA with private deal experience strongly preferred
- 9–11 years of relevant experience at an asset manager, investment bank, or financial services firm
- Investment accounting and operations experience with alternative investments such as Private Credit, Real Assets, Syndicated Loans, Private Equity, and Asset-Backed Finance
- Advanced proficiency with Advent Geneva, Global World Investor, and the Microsoft Office suite; strong Excel skills (pivot tables, data analysis, charts, formulas)
- Familiarity with SharePoint, Power BI, SQL, and VBA a plus
- Demonstrated experience driving process improvements and working with complex legal entity/fund structures
