Associate, Fund Accounting

Overview

• Collaborate with the Fund Accounting Team to manage financial accounting and reporting for investment partnerships.
• Perform daily general ledger accounting duties, including booking transactions, accruals, and journal entries.
• Support cash management activities, including cash flow planning and bank reconciliations.
• Assist with capital call and distribution processes, including investor notices and transaction recording.
• Contribute to preparation of investor reporting, annual audits, and compliance reporting.
• Engage in spreadsheet modeling, analysis, and special projects as needed.
• Utilize data analytic software such as PowerBI and Alteryx to enhance reporting capabilities.
• Collaborate with team members to ensure accurate and timely financial reporting.

Key Responsibilities & Duties

• Perform daily accounting tasks including transaction booking, accruals, and journal entries.
• Assist with reconciliation processes during period-end close activities.
• Support cash management operations, including planning and bank reconciliations.
• Manage capital call and distribution processes, including investor notices and transaction allocations.
• Track investment sales and allocate proceeds based on ownership percentages.
• Prepare investor reporting, annual audits, and compliance documentation.
• Utilize advanced Excel functions for data analysis and reporting.
• Collaborate on special projects to enhance operational efficiency and reporting accuracy.

Job Requirements

• Bachelor of Science (BS) degree in Accounting or related field.
• 2-4 years of experience in public or private accounting, preferably in private equity.
• CPA certification or actively pursuing CPA designation.
• Proficiency in Microsoft Excel, including advanced functions like pivot tables and lookups.
• Knowledge of PowerBI, Alteryx, or similar data analytic software is advantageous.
• Strong analytical skills and attention to detail.
• Excellent written and oral communication skills, including presentation abilities.
• Ability to manage multiple tasks and prioritize effectively.