Senior Fund Accounting Manager

Consultative Search Group•Los Angeles, CA

20d

About The Position

A prestigious investment management firm seeks a Senior Fund Accounting Manager to join their dynamic team. The Senior Manager will be responsible for maintaining the books and records for various private partnerships and accounts, as well as reporting to clients and the portfolio group.

Requirements

Minimum 7 years relevant accounting or audit experience within Big Four public accounting or a mix of public accounting and investment management industry experience
Strong knowledge of reconciliation and account analysis
Excellent understanding of accounting and the ability to apply relevant investment company accounting rules
Solid analytical skills and ability to understand and resolve complex problems
Proficiency in Microsoft Excel, Word and PowerPoint
Bachelor’s degree in Accounting or Finance

Nice To Haves

CPA a plus.

Responsibilities

Preparation and maintenance of the books and records of pooled private investment funds organized as limited partnerships and/or separate accounts
Preparation and/or review of complex management fee and waterfall calculations
Recording and reconciliation of cash, investments and other balance sheet accounts
Recording of purchase and sale transactions
Accounting for complex corporate actions
Estimating and posting of accruals
Preparation and/or review of allocations of income and expense allocations to each partner, including updating of distribution waterfall based on the terms of the governing documents
Determining and preparing distributions and drawdowns
Preparation monthly, quarterly, and annual financial reports
Analyzing and calculating performance metrics for partnerships/accounts as well as for each investment
Coordinating with funds’ independent auditors, custodians, prime brokers and fund administrators
Performing other tasks as required.