Analyst - Private equity, Fund Accounting / Princeton, NJ OR Wilmington, DE

BlackRock•Princeton, NJ

1d•Hybrid

About The Position

The Private Equity Fund Accounting Analyst performs an integral role within the Fund Accounting team and is responsible for review and reconciliation of the funds’ books and records, liaising with both internal BlackRock departments and external third-party fund administrators. The Private Equity Fund Accounting Analyst will be involved in closing the books, including NAV review and reconciliation, and partners’ capital statement review, among other responsibilities. Additionally, the Private Equity Fund Accounting Analyst will be involved in fund setup and operation and ad hoc internal and investor requests.

Requirements

Bachelor’s Degree in Accounting or Finance
2-6 years of combined experience in a Fund Accounting role, and/or public accounting role supporting clients within the financial services industry (preferably within Private Equity, Private Credit, Public Credit, or Hedge Funds)
Strong verbal and written communication skills.
Positive attitude and willingness to continuously learn.
Self-motivated with the ability to work in a fast-paced environment with minimal supervision.
Ability to consistently be attentive to detail while meeting critical deadlines and handling multiple tasks simultaneously.
Strong organizational skills.
Thorough knowledge of internal controls
Ability to work with large volumes of data and maintain high levels of accuracy
MS Office, eFront, Investran, Python

Nice To Haves

Big four public accounting experience is a plus
Certified Public Accountant (CPA) (or equivalent is a plus

Responsibilities

Review monthly and quarterly NAV packages.
Review trade activity, income and expenses, for accuracy.
Prepare and review investor capital call and distribution notices.
Review allocations of fund-level profits and losses to investors and support the preparation and distribution of ILPA‑compliant investor statements in accordance with fund legal documents.
Review management fee and carried interest calculations.
Oversee fund expense analyses and coordinate expense processing.
Review of quarterly and annual U.S. GAAP (or equivalent) financial statements and regulatory filings.
Review key fund legal documents, including Limited Partnership Agreements, Private Placement Memorandums, Side Letters, and Credit Facility Agreements.
Coordinate and communicate with internal teams, clients, auditors, and other external stakeholders to support reporting, audits, and operational processes.