Summary
A top-tier private equity firm has an opening for a Senior Fund Accountant, a unique opportunity to work closely with senior leadership across fund accounting, valuations, and portfolio operations.
Company Information:
A New York-based private equity firm with over $4 billion in AUM, focused on middle-market investments in business services, consumer, and specialty industrial sectors.
Job Description:
- Work with Administrator on NAV calculation and financial reporting
- Oversee the accounting, reporting, and operational functions for five private equity funds.
- Review and prepare quarterly and annual financial statements in accordance with US GAAP and partnership agreements.
- Manage capital call and distribution processes, including LP notices and waterfall calculations.
- Track and reconcile portfolio company activity, including investment valuations, income, and exits.
- Review management fees, carried interest calculations, and fund expenses.
- Assist in annual audits and tax return preparation by providing required schedules and support.
- Maintain and update internal financial models and dashboards for fund performance and IRR tracking.
- Support new fund launches, restructurings, and investor onboarding as needed.
- Prepare and review quarterly financial statements and conduct annual audit.
- Valuations
- Liaise with valuation team for private equity investments.
- Prepare exhibits for valuation committee by analyzing portfolio pricing and support.
- Process Management
- Assist in developing sound policies and procedures.
- Contribute to new technology implementation, testing and other enhancement to existing accounting systems.
- Investor Relations & Marketing
- Process subscriptions/redemptions and contributions distributions..
- Review PPM, DDQ, marketing decks, side letters, etc. to ensure proper application of fund terms.
- Prepare investor deliverables and ad-hoc requests and inquiries.
- Private Equity Investment support
- Work with complicated SPV structures in multiple jurisdictions.
- Work with outside service providers domestically and internationally including administrators, auditors, legal counsel, asset managers, etc.
Requirements / Qualifications:
- 2-7 years of audit experience with PE clients or as a fund accountant.
- CPA or parts passed.
- Bachelor’s degree required.
