Assistant Manager, Fund Administration (Accounting)

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Requirements:

• 4+ years of fund accounting or audit experience with exposure to Private Equity, Venture Capital, Private Credit and/or Real Estate funds
• Bachelor’s degree in Accounting or a related field.
• Exposure to complex fund structures, waterfall calculations, performance metrics (IRRs), distributions and capital calls calculations
• Experience with annual reporting (audited financial statements)

Responsibilities:

• Support major decisions regarding team buildout and operational policies and procedures
• Define and support the implementation of fund administration workflows, applying best practices and process efficiencies
• Identify product development opportunities, routing technical, product feedback to the product development teams
• Assist in training and managing a team of fund accountants
• Interface directly with clients to deliver an outstanding client experience
• Serve as a technical accounting expert and key advisor on significant business/accounting decisions for the team
• Review and perform accounting, analytical, & financial reporting duties; ensure client and investor reporting is prepared and completed timely and accurately
• Review investor allocations used to generate investor statements, waterfall calculations and capital calls and distributions in accordance with clients’ Limited Partnership Agreements
• Prepare and review asset- and fund-level performance metrics (IRRs, TVPI, etc.)
• Assist in preparing, compiling, and verifying external client and regulatory reporting
• Prepare and review financial information for stockholders/investor reports
• Assist with annual audits, including preparation and review of the initial draft of the annual audit report and related schedules and disclosures; assist with PBC list (Prepared By Client) and tax returns
• Research and assist in interpreting the impact of recent accounting developments