Fund Accounting Analyst
About The Position
About Closed Loop Partners Closed Loop Partners is dedicated to building the circular economy. The firm is comprised of three key businesses that create a platform for systems change: an innovation center, the Center for the Circular Economy, an investment group, Closed Loop Capital Management, and an operating group, Closed Loop Builders. Closed Loop Capital Management Closed Loop Capital Management (CLCM) manages venture capital, mid-market buyout private equity and catalytic private credit investment strategies on behalf of global corporations, financial institutions and family offices. To date, Closed Loop Capital Management has over $575+ million of assets under management. Our team has made over 90+ investments ranging from emerging innovations to established businesses. Focused on developed markets, Closed Loop Capital Management is designed to identify and accelerate circular solutions at different points within their growth, transitioning the economic system toward the efficiencies of circularity. Closed Loop Partners is based in New York City and is a registered B Corp. For more information, please visit www.closedlooppartners.com . Role We are seeking an experienced, full-time Fund Accounting Analyst for the dynamic Closed Loop Capital Management organization. The Analyst will have primary day-to-day responsibility for the efficient and accurate execution of all general accounting functions and supporting the fund finance team. The role will report to the Director, Fund Finance & Accounting, working closely with the firm's corporate finance, investor relations, and the investment teams. This is an in-person role in our office in midtown Manhattan.
Requirements
- Minimum of 2 years of post-college experience within accounting, private equity, consulting, or related industries
- Bachelor's degree in Accounting, Finance, or related field
- C lear understating of GAAP, bookkeeping, and the quarterly financial process for private equity funds
- Strong financial modelling, accounting, and corporate finance skills
- Excellent organizational skills, attention to detail, and thoroughness
- A team player who enjoys collaboration and demonstrates entrepreneurial mindset in a fast-paced environment
- Ability to work independently and as part of a team to take on new tasks with high levels of difficulty
- Demonstrated interest in sustainability and the circular economy
- You must have US Work Authorization to be considered for any open Closed Loop Capital Management position.
Responsibilities
- Maintain books and records for over 10 funds on a quarterly basis.
- Assist third party administrator with management of company books kept monthly.
- Liaise with the firm's third-party fund administrator, auditor, and tax advisor
- Assist with quarter end financials process, maintaining schedules in support of quarter end close, and reviewing financials and capital account statements.
- Review weekly bank account reconciliations, set up wire payments, monitor bank accounts and treasury processes
- Aid the year-end audit process, work with third party audit firm, edit financial statement footnotes and performance metrics
- Participate in yearly tax return process, review returns, verify accuracy of K-1 information
- Analyze intercompany transactions to confirm accuracy between funds and management company books
- Support the IR team to respond to investor questions and requests
- Analysis of fund performance, including financial modeling and FP&A
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
