Fund Administration Senior Associate

Fund Services Group • Houston, TX

1d • $90,000 - $115,000 • Hybrid

About The Position

FSG is the solution for operational excellence being sought by private fund managers who wish to focus solely on raising capital and identifying investment opportunities. We support the entire life-cycle of our clients’ private funds and management company, managing the execution of investments, the experience of their investors, and the compliance, finance and human resource solutions needed to satisfy all regulatory requirements. Our team is asked to serve our clients with consistent excellence and accountability, while being allowed to live their definition of success. We focus on bringing new team members on board who share our passion for providing excellence in our service, while never wavering from our Principles of integrity, effort, communication and protecting time with our families.

FSG is the opportunity to learn and experience the finance industry for a people-oriented, hard-working, team player. Our unique culture is built by the team and for the team. Our compensation structure provides unlimited upside to our team members. We will teach you all that you need to know to be successful on our team, so we do not require any specific degree or work history. We just hope you are as non-traditional and eager to prove yourself as we are!

Requirements

• Experience (3–7 years) in private equity, hedge fund, and/or private fund accounting
• Developed understanding of GAAP and foundational knowledge of private fund specific tax concepts
• Knowledge of key concepts such as fee calculations, capital activities, and operational best practices
• Be a team player with an enthusiastic work ethic
• Learn all we teach you quickly, comprehensively, and enthusiastically
• Be exceptional in your organizational and written communication skills
• Have an exacting attention to detail
• Be exemplary in prioritization and multi-tasking in a fast-paced environment
• Be proficient in Microsoft Office Suite

Nice To Haves

• Experience with fund administration software a plus but not a requirement

Responsibilities

• Recording accounting entries based on both cash and accrual activity, ensuring accuracy and compliance
• Monitoring investment activity and performance, including preparing roll-forwards
• Reconciling cash activity and investigating and resolving discrepancies
• Preparing and critically assessing management fee calculations, allocation schedules, and carried interest models
• Compiling financial statements, annual reports, partner notices, and tax schedules
• Coordinating and liaising with internal team members and third parties, including audit and tax partners, serving as a reviewer of their deliverables
• Supporting the onboarding and training of new team members, providing guidance and oversight to maintain standards of excellence

Benefits

• Comprehensive benefits
• Base salary commensurate with experience and success: The annual base salary range for this position is $90,000 to $115,000
• Quarterly bonus that offers unlimited potential growth - 1/3rd of our profits (no matter how much) are shared with our team in bonuses each quarter

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed