Fund Accounting Analyst

Wilshire Advisors • Santa Monica, CA

3d • $26 - $33 • Hybrid

About The Position

Wilshire is seeking a Fund Accounting Analyst to join our Alternatives Operations team. This position is highly collaborative and will have significant interaction within and across the firm. We look to identify passionate candidates with an excellent academic background, enthusiasm, and willingness to learn. This position will report to the Vice President.

Requirements

• BA/BS in accounting or related major
• 0-2 years of relevant experience in investment operations/ private equity; fund accounting background preferred
• Excellent writing skills and strong verbal communication desired
• Excellent quantitative/analytical ability and Excel skills desired
• Exceptional attention to detail and excellent organizational skills
• Candidate must be collaborative, a reliable team player, self-motivated, and possess strong integrity and professionalism
• Candidate must be open-minded with a high willingness to learn

Nice To Haves

• CPA license (active or inactive) or CPA candidate preferred
• Public accounting background including Big-4 exposure preferred

Responsibilities

• Maintain fund cash balances and monitor daily cash activity ensuring differences/issues are identified and resolved in a timely manner
• Perform daily cash analysis (i.e. prepare cash position and forecast reports)
• Assist in preparation of financial statement
• Review the underlying investment holdings including cost, fair market value, capital calls, distributions, unrealized gains/losses for completeness and accuracy
• Perform monthly bank reconciliations
• Follow through capital calls and distributions from underlying investments in a timely manner
• Responsible for posting activity to the general ledger, coordinating payment of expenses and maintaining supporting documentation
• Ensure that appropriate accounting treatment for all transactions is applied
• Respond to and resolve investor and investment queries in relation to administrative issues
• Assist Investor Relations in the maintenance of accurate contact information for all investors and investments
• Assist with other fund administration, such as data entry, scanning, and filing documents
• Assist in the quarterly client reporting process and mailings
• Assist with year-end audit
• Prepare ad hoc reports and analysis as needed

Benefits

• collaborative work environment
• generous PTO
• 401(k) match
• affordable & comprehensive medical/dental/vision insurance
• CFA and other professional membership reimbursement

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 251-500 employees