About the Opportunity
Our client is a is a multi-billion-dollar investment management firm with over 50 employees in New York City. They are actively looking to hire a Fund Accountant to join their team as a consultant. This role operates on-site full time.
The pay range for this position is $33 to $55 per hour. 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
- Work closely with Assistant Controller and Controller to ensure exceptional work quality
- Ensure proper internal procedures and checklists are always followed accurately and timely
- Multi-task between daily, weekly, monthly, and ad-hoc projects
- Assist year-end audit process in collaboration with auditors by updating audit portal with annual requests such as broker/counterparty statements, expense data and other misc. requests
- Assist with the annual audited financial statement review, inclusive of aggregating data into financial reporting templates, footing and cross footing financials, monitoring drafts and language updates
- Prepare CIMA filings for Cayman entities
- Review audit confirmations prepared by fund administrator
- Review daily reconciliations of positions and cash to the brokers and fund administrator
- Monitor cash balances and cash available to spend
- Book all journal entries (weekly/monthly) with several exceptions
- Assist with regulatory compliance reporting, including SLT, BE 185 and BE 577
- Review and process subscriptions/redemptions/transfers, review capital account statements and various ad-hoc reports to investors
- Prepare shadow books/recon to administrator’s monthly NAV and investor allocations
- Update internal rates of returns file monthly
- Prepare monthly expense allocations (fund side, not management company side) by fund
- Communicate expense allocation results to administrator, management company and book accrual entries within the OMS
- Prepare quarterly expense summaries
Job Requirements
- Bachelor’s degree is a must (Accounting Finance Bachelor degree, at least 2+ years, basic understanding of partnership accounting)
- CPA is a plus
- 2 + years of experience in a similar role
- Knowledge and experience with private equity, hedge fund and SPV accounting concepts such as waterfalls, preferred returns, partner’s capital allocation, capital calls/distributions, investor reporting (performance fees/management fees a plus)
- Familiarity with Enfusion OMS a plus
- Proficient in Microsoft Excel and Outlook
