Operations Associate - Fund Accounting

E78 Partners provides comprehensive solutions that span the hedge fund and private equity investment life cycle - from fund operations to initial diligence to exit readiness - we ensure deal and management teams unlock value at an accelerated pace. Supporting the entire office of the CFO on both the management and sponsorship level, our over 400 people solve the problems CFOs face every day to create value for their organizations.

A few reasons why 450 professionals are thriving at E78 Partners:

Career advancement opportunities

Flexible Paid Time Off (PTO) – Which includes traditional vacation time and sick leave

Industry leading maternity benefits, which also includes Parental Leave

Bonus eligibility

For every dollar contributed E78 Partners will match up to 4%

Highly competitive salaries

Tech reimbursement: $200/year

10 Company Paid Holidays

Opportunity for professional growth

Blue chip client logos to partner with

An inclusive culture committed to diversity

World-class leadership committed to your development

We are currently seeking an Operations Associate / Fund Accountant to join our growing Fund Accounting team. Ideal candidates will have at least 2-3 years of experience working in Fund Accounting as a fund administrator, bank, or other financial services institution. This is an excellent opportunity to join a growing organization, with plenty of career advancement opportunities. The role is based out of Beverly Hills, CA with the flexibility to work on-site 2 days per week.

Responsibilities: Fund Accounting Operations Associate role will be responsible for providing the following to our CFO clients:

• Daily recording and reconciliation of clients' equity, options, foreign exchange and derivative positions with counterparties utilizing portfolio management accounting systems
• Coordination with Portfolio Managers and Counterparties to ensure timely settlement of all transactions
• Prepare performance summaries and risk metrics reporting for distribution to clients and investors
• Review client NAV's on a monthly basis, includes investor allocations and capital statements
• Research corporate actions and review against prime broker records
• Help prepare and coordinate payments to vendors across clients' funds and management companies
• Utilize Bloomberg to re-value client holdings
• Assist with internal projects and administrative duties.
• Liaise with the fund administrators for shadowing of the books, preparation of monthly estimates, ensuring NAV is correct, assistance with financial statement preparation, valuation of the portfolio, annual audit and tax work.
• Review all monthly items including the operating expense schedules, month end or quarter end close packages containing financial statements and supporting files, transparency reports, and investor statements
• Liaise with other functional areas within the Firm as well as outside service providers
• Ad-Hoc requests and special projects as necessary
• Review client NAV's on a monthly basis, includes investor allocations and capital statement

Required Experience/Qualifications:

• Fund Accounting
• Alternative Investment experience
• Client facing
• Undergraduate degree in Accounting or Finance preferred
• 2-3 years of relevant experience in Accounting and/or Financial Services or recent college graduate looking for a career in Accounting
• Proficiency with Microsoft Office, strong Excel skills required
• Highly motivated individual with a desire to join our sophisticated start-up/family culture
• Strong accounting and organizational background is necessary
• Excellent interpersonal skills
• Must be a team player
• Ability to multi-task and meet deadlines
• Demonstrates integrity and a stellar work ethic

Key Competencies Required for Success

• Entrepreneurial focus

• Learning agility

• Functional/technical expertise

• Team player

• Written communication

• Active listening

• Results orientation

Compensation: A base of $75,000-100,000 per annum, plus bonus and benefits

E78 Partners is proud to be an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, sex (including pregnancy, childbirth, and reproductive health choices), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as someone with a disability, political views or activity, or other applicable legally protected characteristics. We also consider qualified applicants with criminal histories, consistent with applicable federal, state, and local laws.