Fund Accounting Associate

Overview

• Join a leading investment firm as a Fund Accounting Associate, contributing to accurate financial operations and reporting.
• Play a pivotal role in fund closings, NAV calculations, and investor reporting.
• Collaborate with internal teams and external administrators to ensure seamless financial processes.
• Engage in preparing GAAP-compliant financial statements and supporting ad hoc projects.
• Contribute to fund setup and ongoing operations with a focus on accuracy and efficiency.
• Benefit from professional growth opportunities in a hybrid work environment.
• Work within a collaborative team dedicated to excellence in fund accounting.

Key Responsibilities & Duties

• Oversee monthly and quarterly fund closings, ensuring accuracy and compliance.
• Calculate and review management and incentive fee waterfalls for funds.
• Prepare and review partners’ capital statements and fund distributions.
• Ensure precise fund expense reviews and coordinate payment processes.
• Calculate and analyze monthly investor returns and NAV estimates.
• Prepare and review financial statements adhering to GAAP standards.
• Participate in special financial projects and ad hoc reporting initiatives.

Job Requirements

• Bachelor’s degree in Accounting, Finance, or related field required.
• 2-4 years of experience in fund accounting or public accounting within financial services.
• CPA certification preferred; experience with private credit, equity, or hedge funds advantageous.
• Proficiency in financial analysis, reconciliation, and reporting processes.
• Strong knowledge of GAAP and financial statement preparation.
• Ability to thrive in a hybrid work environment and collaborate effectively.
• Excellent analytical skills and attention to detail in financial operations.