Our client, a high growth private equity firm with $6 billion in AUM, focused on private equity and credit is seeking a Fund Accountant to join the firm to assist in the launch of a new credit fund as well as the day to day accounting and operations for their hedge fund and private equity funds.
Responsibilities:
Prepare weekly workflow; provide scheduling and prioritization support to other team members
Ensure accurate and timely completion of all deliverables such as bank reconciliations, capital call notices, capital distributions notices, fund financial statements, investor capital account statements, and various ad hoc reports
Compute/review management fee and carried interest calculations and P&L allocation
Assist year-end audit process in collaboration with auditors
Work directly with the fund administrator regularly
Quarterly reviews and valuations
Assist with tax reporting, including K-1 preparation and review
Identify weaknesses and inefficiencies in existing processes and provide recommendations for improvement
Requirements:
Bachelor’s degree required
3-6 years public/private with hedge fund or private equity fund experience
CPA preferred
Strong proficiency with Excel, PowerPoint, and Microsoft Word