Summary
Great Opportunity to Join a Thriving Middle Market Private Equity Firm in NYC!
Company Information:
The firm is a premier Midtown Manhattan based middle-market asset management firm specializing in private equity and credit investments. The company was founded over 20 years ago through the largest private equity secondary transaction at that time. The firm currently has $10B+ AUM with plans for sizable growth. An ideal candidate will exhibit flexibility and willingness to take on new responsibilities and assignments and operate in a fast-paced environment with a positive and proactive attitude.
Job Description:
This position will report to the Controller and work closely with the CFO, Credit COO, and various members of the accounting department as well as other firm teams including tax, compliance and investor relations. This position will work with our PE and Credit products (funds/CLOs/SMAs) and may have exposure to the management companies. Some responsibilities will be:
•Prepare and review of month/quarter-end NAV reconciliation process, including investor allocations and statements, management / incentive fee calculations, and expense accruals
•Manage capital call / distribution process and capital call credit line usage/ maintenance
•Coordinate the accounting aspects of new fund launches, including participating in the fund structuring
•Manage and coordinate with the fund administrators to ensure accurate and timely work products
•Assist in managing data integrity across systems and reports
•Manage daily PNL and attribution reporting for the hedge funds and separately managed accounts
•Audit support including financial statement review, updating audit schedules and working with various counterparties to confirm fund positions.
•Maintain procedure manuals and assist with identifying and implementing process improvements
•Coordinate with deal teams on closing of new investments and realizations
•Coordinate with tax director
Requirements / Qualifications:
•Bachelor’s Degree in Accounting, Finance, Business Administration, or related field with a minimum of 8 years of experience in fund accounting and at least 5 at an asset manager [or administrator]
•Strong analytical skills, attention to detail and the ability to consistently meet tight deadlines
•Experience with valuations, IRR calculations, and investor allocations
•Ability to clearly communicate and express oneself in a mature and professional manner
•Strong Microsoft Excel skills and technical accounting knowledge of financial products
•High integrity and use of discretion with sensitive information
Total Compensation up to $225,000 including a year-end guaranteed bonus / make-whole if necessary.
