Fund Accountant

Job Description

The fund accounting team works closely with operations, legal, compliance, tax, technology, and marketing on a consistent basis. The individual will also have diverse product exposure to private equity structures as well as hedge funds and co-investments, fixed income investments, and derivatives. A successfully candidate will be mentored as the firm continues to grow and increase in complexity. Responsibilities will increase with the continued professional development of the individual.

Responsibilities

• Managing third-party administrators to provide accurate and timely deliverables (including, but not limited to, NAV, Statements, Financials, regulatory, etc.) on a periodic basis for credit-focused funds. Financial products include bank debt, warrants, and structured products (collateralized loan obligations (“CLOs”)) for credit-focused hedge funds.

• Review of monthly/periodic accounting records from administrator, including reconciling all trade activity (purchases and sales) to in-house Wall Street Office application, revenue, expense accruals, recalculation of management and incentive fees, and reconciling capital activities to subscription and redemption documents.

• Oversee all other matters of the fund from start to finish including: onboarding, accounts receivable and payable processes, reporting, compliance/regulatory reporting, valuation, investor requests, internal reporting requests, etc…

• Liaise with outside service providers (servicers, administrators, auditors, and tax consultants) and other functional areas of including Trade Operations, Investor Relations, Compliance, Legal, Tax and Investment Team.

• Assisting the management company with quarterly consolidation of applicable funds under GAAP, working with the corporate GL system

• Responsible for Ad Hoc requests and special projects as necessary from management.

Qualifications

• Bachelor's degree and 3+ years of work experience in fund accounting

• CPA Preferred

• Advanced proficiency with Microsoft Excel. VBA/Macro knowledge a plus.

• Strong appreciation for technological advancement

• Process and detail oriented

• Strong work ethic and team player

• Able to adapt and be flexible in response to an evolving business

• Strong analytical skills