Senior Private Equity Fund Accountant

CWS Apartment Homes•Austin, TX

5d•Remote

About The Position

Senior Private Equity Fund Accountant 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. This position works in coordination with our Newport Beach office. The position is currently remote but is subject to change due to business needs. The team member could be based in Newport Beach office or Austing office if the need arises. Responsibilities of the team you will part of may include, but are not limited to: Supervising data entry related to our investors, partnerships, properties, and third-party custodian 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

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
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