Private Equity Fund Accountant

Cws Capital Partners • Newport Beach, CA

297d

About The Position

CWS Capital Partners is currently searching for a Private Equity Fund Accountant for our private real estate investment firm. The Private Equity Fund Accountant will be an integral part of the product sponsor, broker dealer, registered investment advisor operations and compliance departments. To be successful in our equity operations group the fund accountant must enjoy working with numbers, collaborating with other departments, and possess the following attributes: detail oriented, intermediate EXCEL skills, independent self-starter, excellent communication skills, and demonstrated leadership is a plus. The fund accountant will be a critical team player in the equity operations initiatives of the firm and provide support to the Vice President of Equity Accounting. The role will generally be responsible for supervising the firm's proprietary database management and corresponding investor capital movement.

Requirements

• Five years of experience with a private investment company
• Knowledge of various ratios: IRR, time weighted returns, investment multiples, etc.
• College graduate preferred
• Deep knowledge of private equity fund structure
• Securities licenses and experience with an RIA is preferred
• Experience in modeling equity waterfalls in EXCEL

Responsibilities

• Supervising data entry related to our investors, partnerships, properties, and third-party custodian
• Onboarding Ultra High Net Worth Investors while collaborating with our Investor Relations and Transactions Teams
• Assisting with valuations, distributions, contributions, and investor elections
• Facilitating money movement between third party escrow accounts and partnership accounts
• Monitoring loans between CWS affiliated entities
• Calculate Capital Calls and distributions
• Allocate Income to Investors in Accordance with Entity Agreements
• Review and understand investment legal documents
• Implementing best practices and strive to provide best in class service to our clients and actively seek ways to improve the workflow and processes
• Lead communications at Senior Level with client personnel and investment professionals both internally and externally
• Participate and lead projects within the department that improve efficiency, mitigate risk, and deliver exceptional service
• Maintain a direct relationship with outside audit and tax partners
• Assist with recruiting as needed
• Represent CWS in a professional manner at all times internally and externally
• Manage and monitor timely delivery of client deliverables
• Create, maintain, and / or review capital calls, waterfall structures, and distributions
• Ensure investor fees are properly calculated and allocated to investors within our proprietary database
• Prepare and review all investor allocations and ensure compliance with fund documents
• Review fund offering documents (PPM, OA, Amendments, etc.)
• Identify inefficiencies and implement changes and corrective measures as needed
• Computation of management fees in various periods, carried interest, and preferred returns and regularly report to the partners of CWS

Benefits

• Hybrid work schedule. Ability to work hybrid work schedule, Mon-Thurs in office, Fri remotely.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Real Estate
• Education Level: Bachelor's degree