Employment Opportunities » Private Equity Accounting - Account Manager
Private Equity Accounting - Account Manager
Job Type: Full Time
Posted: October 22, 2019
Location: New York City Area
Main Job Functions/Responsibilities
- Maintain and control the general ledger and various sub-ledgers
- Prepare and review financial statements, footnotes, and partner capital statements
- Prepare and review limited partner and general partner allocations
- Prepare and review trial balances and work paper product
- Review capital activity that pertains to the funds including capital calls, distributions, and transfers
- Prepare and review fee calculations including (but not limited to) management fees, admin fees, waterfall
- clawback, and carried interest calculations
- Manage and monitor the timing and quality of client deliverables
- Interact with senior management and manage overall relationships for multiple clients
- Provide technical accounting/industry knowledge to clients
- Establish plan for new client setup and transitions
- Coordinate with Operations group, Financial Statement group, Tax group, and Investor Relations group
- Coordinate, manage, and monitor external audit process
- Review private equity fund client’s partnership agreements, PPMs and other materials
- Implementation of fund structures on accounting system
- Ad hoc reports as needed
Education, Qualifications and Experience
- 4+ years experience in managing a team of Fund Accountants, Senior Fund Accountants and Supervisors
- 3-5 years of fund accounting experience in either a Private Equity Fund, Private Equity Fund Administrator,
- or other financial institution where the accountant has gained financial products knowledge
- Knowledge of US GAAP and other comprehensive basis of accounting
- 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.
Key Competencies
- Technical Knowledge and Commercial Acumen
- Quality and Risk Management
- Decision-Making
- Client Service
- Communication
- Teamwork
- Coaching
- Drive for Results
- Adaptability
