Private Equity Fund Accountant Private Equity Fund Accountant …

Phyton Talent Advisors
in New York, NY, United States
Permanent, Full time
Last application, 10 Sep 19
Phyton Talent Advisors
in New York, NY, United States
Permanent, Full time
Last application, 10 Sep 19
Private Equity Fund Accountant
Position Summary:

International Fund Administrator seeks a Private Equity Fund Accountant

The Private Equity/Financial Reporting Accountant will be responsible for financial statement preparation (quarterly and year end), including all supporting documentation and footnote requirements (Fair Value notes, FAS 161, ASU 2011-11, etc). They will also be responsible for preparation of the allocations and waterfall calculations.

Job Specifications/Qualifications (Min. knowledge, skills and abilities required):

Education/Training (or equivalent):
  • Bachelor's Degree required in Accounting or Finance, CPA preferred

Experience (Type of work experience, minimum number of years):
  • 3-5 years of previous experience with financial statement preparation and private equity accounting experience.

Technical or Administrative Knowledge:
  • Highly proficient with Microsoft software
  • Advanced Excel skills required
  • Knowledge of securities and fixed income assets
  • Working knowledge of accounting systems (Geneva, VPM) and allocations

Special Skills and/or Abilities:
  • Strong knowledge of investment company accounting, partnership accounting and investor capital allocations process
  • Strong financial reporting skills, including consolidation accounting.
  • Previous experience with Private Equity accounting principles including knowledge of investor accounting and waterfall structures.
  • Excellent analytical and problem-solving skills
  • Strong verbal and written communication skills
  • Polished and professional demeanor
  • Excellent attention to detail
  • Ability to work independently and meet deadlines without constant supervision
  • Exercises independent judgment and multi-task oriented
  • Takes initiative and ownership of job responsibilities
  • Must be able to perform essential job duties accurately and timely
  • Must adhere to deadlines and targets given

Job Functions, Unique Duties & Responsibilities:

  • Prepare period-end financial packages including investor statements for private equity funds
  • Prepare period end financial statements and all associated disclosures under GAAP and IFRS
  • Act as key point of contact for clients, auditors and other third parties for a defined portfolio of funds
  • Review offering documents and agreement ensuring that funds are setup in accordance with the fund documents
  • Assist with client onboarding which includes, but not limited to, loading of client's tax lots, cash balance and trial balance onto the accounting platform
  • Assist in year-end audit by providing backup documentation for sampling selected by client's auditors.
  • Prepare expense budget analysis and perform expense calculations
  • Maintain daily and monthly accounting records.
  • Process Capital Commitments, calls, and distributions.
  • Coordinate the preparation and distribution of the investor capital statement
  • Perform ad-hoc functions related to fund requirements
  • Ensure client month-end and reporting deliverables are satisfied
  • Work closely with clients to resolve inquiries and ensure client satisfaction.
  • Work well in a team environment to achieve common goals

Salary up to 125k DOE

Candidates can send their MS WORD resume (NO PDFs PLEASE) directly to