Position Overview:
The Senior Fund Accountant will support the day-to-day accounting and financial statements of the Company's fund partnership vehicles focused. The Senior Fund Accountant will work closely with the Company's Managing Director, Fund Accounting and Monitoring and Reporting teams.
Essential Functions:
This hands-on, detail-oriented position will:
- Prepare and review calculations of investor capital call and distribution notices
- Track daily cash activity, including setting up wire payments and daily cash projections
- Calculate management and performance fees
- Assist in the preparation quarterly unaudited and annual audited financial statements in accordance with GAAP
- Assist in the preparation of quarterly performance reporting
- Prepare workpapers and supporting documentation for the annual financial statement audit
- Compute and review partner allocations and produce capital account statements
- Support the investment team in the closing of transactions, including responding to information requests, review of allocations, review of reporting requirements and other support and analysis as needed
- Support various fund administrators and coordinate delivery of required reporting, etc.
- Understand partnership agreements and interpret reporting requirements and partner economics
- Calculate distribution waterfalls and carried interest
- Respond to investor requests in a professional and timely manner
- Perform other duties as requested or as responsibilities dictate
Education and Experience Requirements:
- CPA preferred
- Must possess a four-year college degree with a major in Accounting
- Two to four years of private equity partnership accounting experience
- Strong Microsoft Excel experience
Knowledge, Skills, and Ability Requirements:
- Ability to multi-task and manage priorities against key deadlines
- Previous experience with Real Estate accounting, Investment Company Accounting and ASC 820 (FAS 157)
- Must be able to work independently, but contribute in a team-oriented environment
- Strong verbal and written communication skills
Job Type: Full-time