Director, Private Equity Accounting

Director, Private Equity AccountingLocation: New York | New Jersey - HybridGet To Know The Team: Directors lead teams responsible for transaction processing, proper application of accounting principles to complex transactions, and financial reporting, for private equity fund clients.Why You Will Love It Here! Flexibility: Hybrid Work Model & a Business Casual Dress Code, including jeansYour Future: 401k Matching Program, Professional Development ReimbursementWorkLife Balance: Flexible PersonalVacation Time Off, Sick Leave, Paid HolidaysYour Wellbeing: Medical, Dental, Vision, Employee Assistance Program, Parental LeaveDiversity & Inclusion: Committed to Welcoming, Celebrating and Thriving on DiversityTraining: Hands-On, Team-Customized, including SS&C UniversityExtra Perks: Discounts on fitness clubs, travel and more!What You Will Get To Do: Manage multiple fund relationships, including scheduling and meeting all client deliverablesMaintainmanage client expectations and coordinate deliverables timelines with staffDemonstrate strong knowledge of accounting, specifically with respect to alternative investment funds, with a focus on private equity fundsParticipate in new business discussions with prospects and existing clientsPrepare and maintain goals and career development plans for all direct reportsPrepare semiannual performance appraisals and discussions for all direct reportsProvide guidance and direction to staff on all technical and client-service-related topicsReview fund governing documents, offering documents, subscription documents, side letters, and investment management agreements, in order to ensure proper application of fund termsReview all transaction documentation and supporting files, and understand the features of the investment transactions, accruals, etc.Review work paper files for accuracy and completeness, including capital activity, investment activity, income and expense accruals, valuation adjustments, etc.Review management fee calculations, including offsetable amounts, management fee waiver contributions, etc.Review investor allocations and capital account statementsReview capital call and distribution calculations, sourcesuses of cash, allocations, and investor noticesCreate, maintain, andor review distribution waterfall (carried interest) models, in keeping with the applicable fund termsPrepare andor review financial statements, notes disclosures, and supporting schedulesDevelopmaintain robust review procedures around deliverablesManage the year-end audit process, in collaboration with the client and auditorsWhat You Will Bring: Bachelor's degree in Accounting or related field10+ years' experience in accounting, with a focus on alternative investments funds - private equity experience a plusCPA designation a plus5+ years' experience supervising two or more professional staffDirectly responsible for hiring and termination decisions as well as providing continuous performance feedback to staffHands-on management style with strong leadership skills and ability to develop staffDemonstrated project management skills with the ability to multi-taskExcellent interpersonal and communication skillsProficiency in Microsoft Office suite, with advanced Excel skillsFIS Investran experience a plusTeam player

Created: 2024-10-19