Associate, Fund Accountant

Overview

Our client is an independent investment adviser and asset manager that provides research, advisory, and investment services. As a leader in alternatives, they work with institutional investors and investment services across the alternative investment landscape. The firm helps clients develop customized, diversified portfolios that balance return, volatility, and liquidity most effectively.

The firm is hiring for the position of Associate, Fund Accountant in their Los Angeles office to join their growing team of investment professionals focused on interval fund complex. The position is primarily responsible for fund accounting and pricing for firm s lending fund.

• Maintain and update daily valuation schedules for investments in private investment funds, preferred and common equity, and warrants, ensuring that capital activities, accruals and valuation updates are reflected properly.
• Track and reconcile drawdowns, repayments, interest/fee accruals and interest rates on the Fund’s leverage facilities.
• Maintain and reconcile prepaid expense schedules.
• Establish annual expense budgets and expense accruals and perform monthly budget to actual variance reviews.
• Review and reconcile monthly financial statements for feeder funds
• Assist in the preparation of annual and semi-annual financial statements and quarterly schedules of investments.
• Assist in the preparation for annual audits.
• Maintain, record, and post entries in Geneva consistently.

• The ideal candidate will have an undergraduate degree in accounting (preferred), finance, or a related field.
• 2+ years of accounting experience with audit experience a plus.
• Private equity fund accounting experience also a plus.
• Candidates should have a strong knowledge of Excel and other Microsoft programs.
• Candidates must be detail-oriented, be able to meet tight deadlines and have excellent communication skills.