Fund Accountant

Position Overview:

As a Fund Accountant you will be responsible for managing the accounting functions related to our private equity funds. This role requires a deep understanding of fund accounting principles, accuracy in financial reporting, and the ability to navigate the intricacies of private equity financial structures.

Responsibilities:

1. Fund Accounting:

   • Oversee the day-to-day fund accounting operations, including recording journal entries, reconciling accounts, and ensuring accurate financial reporting.
   • Maintain the general ledger for various private equity funds.

2. NAV Calculation:

   • Calculate and validate Net Asset Value (NAV) for private equity funds.
   • Monitor capital calls, distributions, and fund expenses.

3. Financial Reporting:

   • Prepare and review financial statements and reports for internal and external stakeholders.
   • Ensure compliance with accounting standards and regulatory requirements.

4. Investor Reporting:

   • Assist in the preparation of investor reports and communications.
   • Address investor inquiries related to fund performance and financial matters.

5. Audit Support:

   • Collaborate with internal and external auditors during fund audits.
   • Provide documentation and explanations for audit inquiries.

6. Cash Management:

   • Monitor cash flows, reconcile cash transactions, and ensure proper allocation of funds.
   • Work closely with the treasury team to manage fund liquidity.

7. Compliance and Regulations:

   • Stay updated on industry regulations and accounting standards affecting private equity funds.
   • Ensure adherence to compliance requirements and reporting obligations.

8. Portfolio Analysis:

   • Contribute to the analysis of fund performance and investment portfolios.
   • Assist in the evaluation of investment opportunities and financial structures.

Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of 4 of experience in fund accounting, preferably within the private equity industry.
• CPA or progress toward CPA certification is a plus.
• Proficient in accounting software and MS Excel.
• Strong understanding of private equity fund structures and accounting principles.