Sr. Accountant, IM Funds

At BBH, Partnership is more than a form of ownership—it’s our approach to business and relationships.  We know that supporting your professional and personal goals is the best way to help our clients and advance our business. We take that responsibility seriously. With a 200-year legacy and a shared passion for what’s next, this is the right place to build a fulfilling career.

Join us as a Senior Accountant  - IM Funds

Brown Brothers Harriman & Co. is currently recruiting a Sr. Accountant (Associate Officer level) to join the Fund Accounting and Reporting team.  This role is responsible for the review of the financial, tax and investor reporting data for the BBH Real Estate Funds, Private Equity and/or Hedge Funds.  The role is responsible for working and interacting with the Funds’ Administrators in Boston (TA, Financial Reporting, Partnership Accounting and Tax teams) and other internal and external groups (i.e. JV partners, sub-advisors, portfolio managers, etc.) in preparing the Funds’ monthly or quarterly NAV reporting and other ad-hoc reports. This role requires knowledge of partnership accounting, partnership tax, investment company accounting and financial reporting. This role requires interaction and oversight of the Funds’ external auditors in relation to the annual audits.  This role includes the review of Fund K-1’s, federal and state tax returns, other tax forms, and related working papers prepared by the Fund’s tax preparers. This role also requires review of Fund analytics such as IRR’s, total returns, and other performance metrics. The role reviews the expenses of the Funds and ensures that the Funds’ expenses are paid timely.

Some of your key responsibilities include:  

• Initial review of monthly/quarterly financial reporting received from the service providers for the BBH private funds including capitals, redemptions/distributions, assignments, etc. This role requires familiarity with management fees, carried interest waterfall calculations, and performance fees.
• Provide accurate and timely financial and tax reporting to investors.
• Review the expenses of the Funds and ensures that the Funds’ expenses are paid timely while providing a strong internal control environment and oversight of the BBH Private Funds.
• Provide oversight and feedback to the Fund’s administrators, auditors, tax preparers and other internal and external groups.
• Review and provide feedback to the administrator for investor capital call/distribution/redemption calculations and notices.
• Review and provide feedback to internal and external tax preparers regarding the Funds’ federal/state tax returns, investor K-1s and other tax forms.

Qualifications / Requirements

• Bachelor's degree in Accounting
• 5 years relevant job experience in fund accounting with a fund or an administrator
• Strong accounting skills, knowledge of partnership accounting, and understanding of K-1 and Partnership/Corporate tax reporting and investment company accounting
• Strong analytical skills and the ability to identify and solve problems independently
• The ability to communicate and resolve issues with Service Providers
• The ability to adapt to shifting priorities and manage deliverables
• Big 4 fund audit experience and CPA is a plus
• Knowledge of real estate fund accounting a plus

This role is based in our New York City location and is a hybrid role, with three days per week in office.

   

Salary Range

$90k-$110k base salary annual bonus target

BBH’s compensation program includes base salary, discretionary bonuses, and profit-sharing. The anticipated base salary range(s) shown above are only for the indicated location(s) and may differ in other locations due to cost of living and labor considerations. Base salaries may vary based on factors such as skill, experience and qualification for the role. BBH's total rewards package recognizes your contributions with more than just a paycheck—providing you with benefits that enhance your experience at BBH from long-term savings, healthcare, and income protection to professional development opportunities and time off, our programs support your overall well-being. 

 

We value diverse experiences. We value diverse experiences and transferrable skillsets. If your career hasn’t followed a traditional path, includes alternative experiences, or doesn’t meet every qualification or skill listed in the job description, please do go ahead and apply.

About BBH:

Brown Brothers Harriman (BBH) is a premier global financial services firm, known for premium service, specialist expertise, technology solutions and partnership approach to client management. Across Investor Services and Capital Partners, we work with an enviable roster of sophisticated clients who make BBH their first call when they are tackling their hardest challenges. Delivering for our clients and each other energizes us.

We believe that how we do our work is just as important as what we do. We are relentless problem solvers who know our best ideas come from collective debate and development—so we are never possessive about our ideas. Every day we come together as a diverse community of smart and caring people to deliver exceptional service and expert advice—creating success that lasts. No matter where you sit in the organization, everyone is empowered to contribute their ideas. BBHers can pick up the phone and call any colleague, and they are happy to help. Expanding your impact beyond your daily role is part of how we operate as trusted partners to one another. 

We believe stability is a competitive advantage, but being stable means having the knowledge, skill, and discipline to evolve, often—pushing the boundaries of innovation.  As a private partnership, every investment we make is in the relationships, technologies, products and development we believe are in the long-term interests of our clients and our people. Our long-tenured leaders are experts in their areas and are actively involved in the day-to day business, taking the time to provide guidance and mentoring to build the next generation of BBHers. Because we know, our success begins with yours.

Go to BBH.com to learn more about our rewards and benefits, philanthropy, approach to sustainability or how we support you to thrive personally, physically and financially.

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, age, genetic information, creed, marital status, sexual orientation, gender identity, disability status, protected veteran status, or any other protected status under federal, state or local law.

Salary : $90,000 - $110,000