Assistant Vice President

Assistant Vice President Overview

• The Assistant Vice President will focus on Private Capital Fund Accounting and Administration duties within the Fund Finance Private Equity team.
• Collaborate with team members, vendors, management, and clients on accounting and reporting processes.
• Report directly to the Vice President, Fund Finance Private Equity, ensuring seamless communication and workflow.
• Contribute to quarterly valuations, general ledger accuracy, and adherence to fair value market principles.
• Ensure compliance with partnership operating agreements and US GAAP standards in financial reporting.
• Participate in investor capital account statement reviews and management fee calculations.
• Utilize automated tools for data reconciliation and discrepancy resolution with third-party administrators.
• Handle ad hoc requests and liaise with underlying fund managers as required.
• Monitor fund compliance with partnership operating agreement terms and annual budgets.

Assistant Vice President Key Responsibilities & Duties

• Coordinate with third-party administrators to ensure timely quarterly valuations and accurate general ledger entries.
• Review fund expenses and accruals, ensuring alignment with annual budgets and proposing necessary adjustments.
• Approve investor capital account statements and ensure compliance with partnership operating agreements.
• Oversee quarterly management fee and trailer calculations for accuracy and compliance.
• Facilitate investor capital calls and distributions, coordinating calculations and notices with third-party administrators.
• Reconcile accounting data using automated tools, resolving discrepancies with internal or external parties.
• Collaborate with underlying fund managers and address ad hoc requests as needed.
• Ensure compliance with partnership operating agreements and US GAAP standards in financial statement preparation.
• Monitor fund compliance and propose adjustments to maintain operational accuracy and efficiency.

Assistant Vice President Job Requirements

• Bachelor of Arts (BA) degree in Accounting, Finance, or a related field required.
• Minimum of 6 years of experience in fund accounting or private equity finance.
• Preferred 10 years of experience in private capital fund administration roles.
• Strong knowledge of US GAAP standards and partnership operating agreements.
• Proficiency in automated accounting tools and data reconciliation applications.
• Experience coordinating with third-party administrators and managing investor allocations.
• Excellent analytical, organizational, and communication skills.
• Ability to handle ad hoc requests and liaise with fund managers effectively.
• Remote work capability with a commitment to maintaining high productivity standards.