About the role:
Your role will encompass all facets of the calculation of net asset values on a variety of complex Private Equity funds. Working closely with account managers, your responsibilities will include:
Main Job Functions/Responsibilities
Monthly/Quarterly Reporting Pack preparation, which includes:– Maintain the general ledger and various sub-ledgers
– Cash and Portfolio Reconciliations
– Income and Expense Accruals
– Capital Activity processing (calls/distributions/transfers)
– Management Fee & Waterfall calculations
– Partner Allocation calculations
– Prepare and review trial balances
– Financial Statement preparation with footnotes
Manage and monitor the timing and quality of client deliverables (SLAs)
Act as liaison to various internal/external parties e.g. auditors
Interact directly with senior management and clients with appropriate escalation
Provide technical accounting/industry knowledge to clients
Coordinate with Onboarding team , Tax group, Investor Relations group, Financial Statement group, and other groups
Prepare and review capital calls, distributions, and statements
Review private equity fund clients limited partnership agreements, PPMs, and other materials
Implementation of fund structures on accounting system
Ad hoc reports and client requests as needed
Train and support team members in their development
Engage in local and global group projects
About You:
3–5 years of fund accounting experience in either a Private Equity Fund, Private Equity Administrator, or other financial institution where the accountant has gained financial products knowledge
Experience in reviewing and preparing general ledgers and financial statements
Strong leadership skills and supervisory experience of other professionals
Project management skills with attention to detail and proven ability to multi-task
Bachelor’s degree in Accounting, Finance, or Economics
Strong written and verbal communication skills
Working knowledge of Excel and Word essential, experienced user of the SunGard Investran PE accounting platform highly desirable