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Senior Associate – Private Equity Fund Administration

Compensation
100k/year - 140k/year
Type
Permanent
Location
New York, NY

$100K - $140K TOTAL COMPENSATION. To be determined based on candidates credentials, performance and value added to the firm / department.

 

Senior Associate – Private Equity Fund Administration

 

Our client is a global provider of administration and AIFMD services to top tier private equity, real estate, debt, and infrastructure clients.   

Our client will offer CPA examination support (such as reimbursement for exam fees) to accountants completing their professional qualification. They offer full training and support pertaining to the funds that they service, the chance to develop your skills, as well as a stable and reliable working environment.

 

Position Overview

The individual will be responsible for servicing the needs of a portfolio of clients. The individual will liaise with the CFO and financial accounting team of the funds, third parties (including auditors) and any other external advisors necessary to ensure all issues are resolved and deadlines met. There will also be numerous other responsibilities including tracking the financial performance of the fund and assisting with capital calls/distributions, performance calculations and other day to day functions.

 

Responsibilities will include (but not be limited to):  

  • Preparation of periodic financial statements and other accounting reports for our clients.
  • Compile and analyze financial information underlying the financial statements.
  • Help to oversee group of associates working on clients and review client work prepared at the associate level.
  • Preparing bank reconciliations for all client accounts.
  • Updating the financial system (SUN) for all transaction related activity
  • Preparation of asset level reporting for the client and seeking new ways to provide informative and concise information.
  • Calculation of performance metrics.
  • Involvement with year-end audit, including preparation of relevant files and resolving issues.
  • Monitoring compliance with US Generally Accepted Accounting Principles (“GAAP”) and company procedures.
  • Additional ad hoc duties or projects, as necessary.

 

Qualifications:

  • 4+ years-experience in fund accounting. (Real Estate experience +)
  • Knowledge of real estate and private equity funds accounting. Additional experience with GAAP guidance for real estate (ASC 360) and consolidated presentation of real estate funds preferred.
  • Knowledge of REIT structures
  • Interest in reporting and other accounting challenges faced by real estate private equity funds.
  • Ability to write reports and business correspondence.
  • Ability to effectively present information and respond to questions from various groups.
  • Ability to solve practical problems and deal with a variety of situations.
  • The individual must have excellent interpersonal, organizational, and communication skills and be able to manage client deliverable deadlines and communicate directly with clients.
  • Ability to solve practical problems and deal with a variety of situations.
  • Intermediate / advanced excel and word skills a plus.
  • Bachelor’s degree.  Accounting or related subject is required.

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