Senior Fund Accountant
Job Type: Direct Hire
Job Description
Title: Senior Fund Accountant
Location: Preston Center
Unique Attributes:
- Company takes great care of their employees – Great employee retention rate
- Great benefits with 22 days of PTO to start
- Privately owned investment focused company with a great team-oriented culture
- Catered lunches on Wednesday & Friday
- Brand new office location in Preston Center with on-site gym (with towel service), pickle ball, etc.
- Opportunity to gain both finance & accounting experience
- Great work-life balance
- Non-micromanaging leadership team that empowers their employees
Duties and Responsibilities:
- Work with the Fund Accounting team on the accounting and administration of 21 investment and private equity partnerships including financial, tax, and regulatory reporting
- Review underlying investment statements and ensure the General Ledger correctly reflects investment transactions and market values on a monthly basis
- Input fund operational transactions in to the General Ledger and reconcile key accounts on a monthly basis, such as fees, capital activity, and accruals
- Calculate fund NAVs on a monthly basis
- Prepare partnership GAAP basis financial statements
- Coordinate with and prepare supporting documentation for third party service providers, including external audit, internal audit, and tax firms
- Work with the Director of Fund Accounting on the preparation of various partnership-related regulatory filings
- Assist with cash forecasting and management for the 17 private equity funds including line of credit draws, contributions, and distributions
- Respond to investor communications and requests and collaborate with internal team members to address investor needs
- Assist with the evaluation and implementation of process efficiencies and improvements using existing technologies, including the SEI Archway platform for fund and portfolio accounting and Salesforce CRM software
Minimum Position Requirements:
- 3-5 years fund accounting and/or public accounting experience including private equity fund of funds (FOF) and/or hedge funds preferred
- Accounting experience in various investment instruments including equities, fixed income, futures, private equity, mutual fund investments, and/or derivative products
- Bachelor's degree in Accounting. CPA credentials preferred
- Banking and/or wealth management industry experience a plus
- Experience working in cloud-based accounting software systems and fund accounting systems. Experience with Investran FIS and Geneva preferred
- Technology savvy with advanced Excel skills
- Enthusiasm to adopt and fully implement new technologies and platforms
- Excellent interpersonal and communication skills and ability to work with multiple departments within the firm and external service providers