Summary
Brand new opportunity with a recently launched firm in Iselin, New Jersey!
Company Information:
Recently launched Fund Administration Firm, specializing in Private Equity funds, Venture Capital funds, Real Estate funds, Credit funds, and Infrastructure funds. Due to growth, the client is looking for an Experienced Fund Accountant to provide accounting services including preparation and processing of transactions and financial statements with supporting schedules and work papers for its Iselin, New Jersey office.
Job Description:
• Work closely with the client engagement team manager and client counterpart to manage daily fund operations and have an active role in client and 3rd party communications.
• Process all cash and treasury functions and transactions using various bank platforms.
• Manage and help reconcile all accounts payable and cash disbursements.
• Maintain, prepare and record all general journal entries using Investran system including investment related accounting entries, portfolio purchases and sales.
• Prepare and record all general journal entries using Investran system for all income, expense and accrual transactions.
• Maintain general ledger, including preparation and update of system generated financial statements and other accounting reports.
• Prepare bank, custody account reconciliations.
• Reconcile, analyze and review accounting activity for reasonableness.
• Prepare periodic investment fund calculations including capital calls, management fees, investor income allocations, and distributions in accordance with fund governing documents.
• Prepare investment related accounting entries including portfolio purchases and sales and recurring investment income accruals in accordance with fund governing documents.
• Assist with the preparation of quarterly and annual financial workpaper packages to support interim and year-end financial statements and period-end partner capital statements in accordance with fund governing documents.
• Assemble documentation and information to assist with the year-end audit process.
• Assist with various ad-hoc special projects and client requests.
• Maintain confidentiality of all sensitive and confidential data.
• Adhere to all internal organizational policies
Requirements / Qualifications:
• Bachelor’s or advanced degree in Accounting, Finance, or related field required.
• 1-3 years of professional experience in fund accounting, audit or investment accounting.
• Experience working with Private Equity funds, Venture Capital funds, Real Estate funds, Credit funds, or Infrastructure funds and preparing financial statements preferred.
• Investran accounting software experience preferred.
• Proficient with Microsoft Office – Mainly Excel, Word and Outlook.
• Strong written and verbal communication skills.
• Attention to detail, ability to multi-task and complete assigned duties under strict deadlines.
• Self-motivated with the
