-
Job Description
Seeking experienced Fund Accountant to lead team in Private Equity & Real Estate Fund Services, ensuring compliance with operating policies and procedures, and delivering high-quality financial work papers and client correspondence.
Our large boutique investment bank is currently hiring for a Fund Accountant to join their team in the Private Equity & Real Estate Fund Services (PERA) Fund Accounting Business Unit of the Alternative Investment Services Group.
The successful candidate will be responsible for:
- Direct and indirect management/supervision of PERA Fund Accounting staff
- Supervise and review the work performed by PERA Fund Accounting staff
- Manage internal workflows to ensure internal and client deadlines are met
- Manage expectations with client contacts
- Prepare and/or review monthly, quarterly, and annual financial work papers
- Prepare and/or review investor capital call and distribution calculations
- Process Fund Sub-Closes on accounting systems or accounting workpapers
- Prepare and/or review periodic bank and cash reconciliations and post journal entries
- Prepare and/or review quarterly management fee calculations, and other Fund calculations as applicable
- Prepare and/or review client-related correspondence
- Coordinate annual audit with Fund Auditors
- Prepare and/or review Fund Waterfall calculations and Partner Capital Account allocations
- Review Fund governing documents to ensure consistency with accounting procedures and calculations in use
- Establish and maintain working relationships with key client contacts
- Participate in ad-hoc client/internal projects as required
- Participate in the development, testing, and implementation of new systems and products
- Coordinate client deliverables, both with clients and internally
- Review and approve all transactions in accordance with established guidelines
- Assist team in ensuring all accounting procedures and calculations are consistent with governing documents
- Meet all requirements for the performance planning process
- Ensure adherence to internal policies and procedures
- Assist with planning and management of ad-hoc client and corporate project work
- Coordinate and implement training and development activities across the team
- Assist with recruitment of new staff
- Manage absences, timekeeping, and holiday/cover arrangements within the teams
- Schedule and conduct team meetings
- Provide coaching, guidance, and support to staff on technical, professional, and client issues
- Manage the administration billing process
- Review and delivery of client KPIs
Requirements:
- University degree (Accounting degree preferred; Business, Mathematics, Finance, or Economics degree required)
- Prior accounting system experience required
- iGLS/Geneva system experience desirable
- ACA/ACCA qualification is desirable, but not required
- Private Equity, Private Debt, Hedge Fund, or Real Estate experience desirable
- Previous Fund Accounting or corporate accounting experience, including supervisory experience
- Strong computer skills, especially MS Excel/MS Word/MS PowerPoint
- Strong numerical, analytical, and problem-solving skills
- Strong written & verbal communication skills
- Ability to work under pressure and to tight deadlines
- Proactive and able to work independently and as part of a team
- Demonstrated managerial and leadership skills
- Proven ability to build, train, and manage effective teams