Fund Accountant

Key Responsibilities: - Financial Reporting & Analysis: - Prepare and review financial statements for investment funds in accordance with GAAP and other relevant accounting standards. - Monitor and analyze financial performance metrics, including the calculation of net asset value (NAV) and internal rate of return (IRR). - Ensure timely and accurate production of quarterly and annual fund financial statements. - Assist in the preparation of financial reports for internal stakeholders, including senior management and the board of directors. - Investor Reporting: - Provide comprehensive investor reporting, including capital account statements, capital calls, and distribution notices. - Work closely with the investor relations team to address investor inquiries and ensure timely delivery of all required reports. - Support the preparation of investor presentations and other materials related to fund performance and strategy. - Third-Party Administrator Oversight: - Collaborate with and monitor the performance of the third-party fund administrator, ensuring compliance with service level agreements. - Review and validate accounting work performed by the third-party administrator, including reconciliations and valuations. - Coordinate with the fund administrator on the processing of capital activity, such as capital calls, distributions, and transfers. - Performance Measurement: - Calculate and analyze key performance indicators (KPIs) for the funds, including investment returns, fund-level and portfolio company performance. - Assist in the development and maintenance of performance measurement models to track fund and portfolio performance over time. - Support the fund controller in preparing performance reports for senior management and external stakeholders. - Compliance & Audit Support: - Ensure compliance with regulatory requirements related to fund accounting and reporting. - Assist with the coordination of annual audits and liaise with external auditors to provide necessary documentation and explanations. - Participate in the implementation of new accounting standards and ensure their accurate application to the funds. Qualifications: - Bachelor's degree in Accounting, Finance, or a related field. - CPA or CFA designation preferred. - 3+ years of experience in fund accounting, preferably within private equity or asset management. - Strong knowledge of GAAP and investment company accounting. - Experience with performance measurement and investor reporting. - Proficiency in financial reporting systems and Excel; experience with fund administration software is a plus. - Excellent analytical skills and attention to detail. - Strong communication skills and the ability to work effectively in a team-oriented environment.

Created: 2024-11-05