Fund Accountant II

Overview

Ventura Fund Services ("VFS") is a Fund Administration Firm, specializing in Private Equity funds, Venture Capital funds, Real Estate funds, Credit funds, and Infrastructure funds. Due to growth, VFS is looking for a Senior Manager to provide accounting services including preparation and processing of transactions and financial statements with supporting schedules and work papers for its Iselin, New Jersey office.

• Work closely with the client engagement team manager and client counterpart to manage daily fund operations and have an active role in client and 3rd party communications.
• Process all cash and treasury functions and transactions using various bank platforms.
• Manage and help reconcile all accounts payable and cash disbursements.
• Maintain, prepare and record all general journal entries using Investran system including investment related accounting entries, portfolio purchases and sales.
• Prepare and record all general journal entries using Investran system for all income, expense and accrual transactions.
• Maintain general ledger, including preparation and update of system generated financial statements and other accounting reports.
• Prepare bank, custody account reconciliations.
• Reconcile, analyze and review accounting activity for reasonableness.
• Prepare periodic investment fund calculations including capital calls, management fees, investor income allocations, and distributions in accordance with fund governing documents.
• Prepare investment related accounting entries including portfolio purchases and sales and recurring investment income accruals in accordance with fund governing documents.
• Assist with the preparation of quarterly and annual financial workpaper packages to support interim and year-end financial statements and period-end partner capital statements in accordance with fund governing documents.
• Assemble documentation and information to assist with the year-end audit process.
• Assist with various ad-hoc special projects and client requests.
• Maintain confidentiality of all sensitive and confidential data.
• Adhere to all internal organizational policies and procedures including time tracking, filing, organizational structure control, etc.

• Bachelor's or advanced degree in Accounting, Finance, or related field required.
• 1-3 years of professional experience in fund accounting, audit or investment accounting.
• Experience working with Private Equity funds, Venture Capital funds, Real Estate funds, Credit funds, or Infrastructure funds and preparing financial statements preferred.
• Investran accounting software experience preferred.
• Proficient with Microsoft Office – Mainly Excel, Word and Outlook.
• Strong written and verbal communication skills.
• Attention to detail, ability to multi-task and complete assigned duties under strict deadlines.
• Self-motivated with the ability to work well under pressure individually as well as in a team environment.
• Consistently maintain a positive, helpful, and disciplined attitude and be respectful and professional to co-workers, clients and other various 3rd party relationships.

All applicants applying to VFS must be legally authorized to work in the United States. Please note that all US employees are required to work a hybrid schedule, comprised of three (3) days per week in the Iselin, NJ office and two (2) days remotely.

Ventura Fund Services is a U.S.

-based, management-owned and operated Fund Administrator specializing in fund administration and providing a range of services including accounting, reporting, investor services, and compliance. Our operational solutions are tailored to meet the unique requirements of U.S. fund managers. Ventura’s offices are in New York, NY, Los Angeles, CA, and Iselin, NJ.

• Servicing nearly every significant type of investor class and asset class.
• Institutional grade infrastructure and SOC 1, Type 2 certification, ensuring confidence in our processes and operating model.
• Experienced and hands-on management team.