Senior Fund Accountant

Job summary

The candidate will review NAV calculations, management fees, and performance allocations for hedge and private equity funds. They will also manage fund operating expenses, liaise with external auditors, and prepare financial reporting for management.

Job details

Position Overview: The candidate must be comfortable working in a rapidly changing environment with an ability to deliver high quality work in collaboration with colleagues in different offices and service providers in different time zones. Review calculation of estimated and final NAVs for a group of hedge funds and private equity funds, including FX classes of investors, side pockets and SMAs Ensure management fees, performance fees, distribution waterfalls, and allocations are calculated in accordance with PPMs, IMAs, LPAs and side letters. Review investor subscription, redemption and capital call and distribution documents processed/prepared by fund administrator(s) Shadow allocations for certain funds and maintain database with investor information Review fund operating expenses prepared by fund administrator and provide comments/changes Process expense payments related to the funds and review allocations based on the expense allocation policy Review of fund administrator-prepared annual financial statements, and liaise with external auditors and fund administrator(s) regarding financial reporting and timely issuance of financial statements Compile information for due diligence requests from investors and counterparties, assist with other ad hoc Prepare monthly reporting files for management and other interested parties Implement systems, processes, and procedures to improve efficiency while maintaining adequate internal control environment Required Qualifications: Must have Hedge-fund fund accounting experience Accounting experience on Private Equity, Venture Capital, and CLO entities a plus Public or a mixture of Big 4 & private accounting experience; 8+ yrs. of fund accounting experience including Experience with investor and partnership allocations and related software (i.e. Backstop, Hedgetek, Investran, etc.) Exceptional analytical skills Strong attention to detail Team player with excellent communication skills. Ability to multitask Highly organized

What you’ll do

The candidate will review NAV calculations, management fees, and performance allocations for hedge and private equity funds. They will also manage fund operating expenses, liaise with external auditors, and prepare financial reporting for management.

Requirements

The role requires over 8 years of fund accounting experience, specifically with hedge funds and private equity entities. Candidates must possess strong analytical skills and proficiency in investor allocation software.

Listed skills

• Attention to detail · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Fund Accounting
• Hedge Funds
• Private Equity
• NAV Calculation
• Financial Reporting
• Investor Allocations
• Expense Management
• Audit Liaison
• Analytical Skills
• Attention To Detail
• Communication Skills
• Multitasking
• Backstop
• Hedgetek
• Investran
• Accounting
• Annual Reports
• Internal Controls
• Management
• Calculations
• Venture Capital
• Communication
• Due Diligence
• External Auditing
• Financial Statements
• Operating Expense
• Private Equity Fund
• Detail Oriented

Job areas

• Finance & Accounting
• Management & Leadership
• Fund Accountant
• Accountant (General)
• Accountants
• Accountants and Auditors