Fund Accountant

Overview

Client:
Established Private Equity Firm
Role:
Fund Accountant
Salary: $80,000/annually + Benefits & Bonus

Location:

Midtown, Manhattan - Hybrid - 3 days a week in office

Job Description:

The successful candidate will execute a variety of critical financial and administrative tasks:

• Financial Record Management:
  • Prepare and maintain the general ledger and books and records for all assigned Funds and accounts.
• Financial Reporting:
  • Generate quarterly and annual financial statements. This includes the balance sheet, income statement, partners' capital schedule, and supporting notes to the financial statements.
  • Produce detailed investment portfolio analytical reports.
• Investor Relations & Capital Management:
  • Prepare, calculate, and coordinate investor capital call and distribution analysis and subsequent payment processing.
• Reconciliation & Verification:
  • Ensure the integrity of financial data by conducting quarterly reconciliations of transaction activity per the firm's portfolio management systems and the private equity fund financial information received from investments.
• Audit & Tax Coordination:
  • Assist with the annual external audit process, providing necessary documentation and support.
  • Coordinate the preparation of tax returns with the designated external tax advisor.
• Treasury Functions:
  • Perform specific treasury functions, including daily cash reconciliations and proactive management of fund cash positions.
• Stakeholder Communication:
  • Manage all necessary communications with various parties, including investors, third-party consultants/administrators, banks, custodians, external accountants, attorneys, and other service providers.