Accounting Associate

Accounting Associate – Fund Administration

Responsibilities:

• Coordinate wires and bill payments.
• Track cash activities and monitor cash needs, including upcoming investments and capital calls, as well as investment proceeds and fund cash/stock distributions.
• Examine and analyze accounting records to assess accuracy, completeness, and conformance to reporting standards
• Prepare monthly financials, quarterly reports, annual financial statements with footnotes, and partner’s capital statements.
• Prepare carried interest calculations.
• Assist with preparing information for Client/ LP/Audit requests.
• Complete ad hoc reports, as needed.
• Prepare capital call and distribution letters, including calculation and allocation.
• Track and monitor portfolio company activities and assist with annual FMV valuation.
• Maintain investment documents and files.
• Maintain and update investor information database.
• Assist with investor communications, including but not limited to distribution of K-1s, capital call/distribution letters, and financial reports.
• Assist with investor requests, including but not limited to taxable income estimates, audit confirmations, and account balance inquires.

Experience:

• 3+ years of fund accounting experience in either a private investment fund, a fund administrator, or other financial institution where the accountant has gained exposure to closed-end investment products.
• Smart and a team player.
• Bachelor’s degree in Accounting, Finance, or Economics.
• Strong written and verbal communication skills.
• Proficient with the Microsoft Suite, particularly MS Excel and MS Word.
• Ability to think independently, prioritize, multi-task and meet deadlines.
• Strong attention to detail and accuracy.

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