What are the responsibilities and job description for the Fund Accounting Manager position at Brilliant?
Job Description
Job Title : Fund Accounting Manager
Location : Chicago, IL
Salary Range : Up to $, DOE Bonus
Benefits : Outstanding benefits package, including fully paid medical dental, vision, life, LTD, and (k).
About the Job :
In partnership with our client, we are seeking an experienced Fund Accounting Manager to join one of Chicago's premier private equity firms. In-depth knowledge in fund accounting operations, prior experience in investment management and with private equity clients, and public accounting experience required.
Responsibilities :
- Review of period end NAV, SEC financial reporting, timely filing, and accounting of Fund’s with understanding of the underlying investments.
- Review monthly NAV reporting, concepts, and mechanics.
- Timely preparation and filing of periodic financial information in accordance with US GAAP and SEC regulations (Reg S-X FS, N-PORT and Reg filings) and supporting disclosures and management analysis.
- Understanding fund structures, underlying investments profiles, promotes and Fund’s governing agreements.
- Conduct technical accounting research and ensure appropriate application to Fund and underlying investments.
- Build and maintain SEC reporting disclosure checklist / reporting calendar to ensure timely compliance.
- Active management that includes BOD presentations, Fund’s liquidity, cash flow analysis, available cash, sources, and uses of liquidity and active oversight.
- Preparation of Board of Directors analysis and presentations.
- Oversight and management of Fund’s available operating cash.
- Oversight of payments with HVP Treasury and Fund Administrator.
- Oversight of third-party fund administrator, external auditors, tax advisers and other professional service providers.
- Audit coordination with external service providers, key contact / owner.
- Oversight of Fund level debt closing and reporting, review covenant analyses for third party debt / line of credit.
- Understand component of Fund’s and underlying investment performance measurements. Review Fund return / performance analyses, break down fund performance to assist / field client, portfolio management and / or consultant inquiries.
- Build and manage relationships for all internal and external collaborators.
- Field questions and run / discuss analyses for the Fund’s Portfolio Management and Controller.
- Ability to coordinate / respond to Ad Hoc Senior Management and client inquiries.
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