What are the responsibilities and job description for the Fund Accounting Analyst position at Closed Loop Partners, LLC?
Title : Analyst / Fund Finance
Position : Fund Accounting Analyst
Location : New York, NY
Salary Range : $80,000 - $90,000 salary discretionary bonus
Commensurate with experience
Target Start : January 15, 2025
This is an in-person role in our office in midtown Manhattan.
Closed Loop Capital Management
Closed Loop Partners is dedicated to building the circular economy. The firm is comprised of three key businesses that create a platform for systems change : an innovation center, the Center for the Circular Economy, an investment group, Closed Loop Capital Management, and an operating group, Closed Loop Builders. Closed Loop Capital Management manages venture capital, mid-market buyout private equity and catalytic private credit investment strategies on behalf of global corporations, financial institutions and family offices. To date, Closed Loop Capital Management has over $550 million of assets under management. Our team has made over 85 investments ranging from emerging innovations to established businesses. Focused on developed markets, Closed Loop Capital Management is designed to identify and accelerate circular solutions at different points within their growth, transitioning the economic system toward the efficiencies of circularity.
Closed Loop Partners is based in New York City and is a registered B Corp. www.closedlooppartners.com
Role
We are seeking an experienced, full-time Fund Accounting Analyst for our dynamic, fast-growing organization. The Analyst will have primary day-to-day responsibility for the efficient and accurate execution of all general accounting functions and supporting the fund finance team.
The role will report to the Director of Fund Finance, working closely with the firm's corporate finance, investor relations, and investment teams.
Responsibilities
- Maintain books and records for over 10 funds on a quarterly basis. Assist third-party administrator with management company books kept monthly
- Liaise with the firm's third-party fund administrator, auditor, and tax advisor
- Assist with quarter-end financials process, maintaining schedules in support of quarter-end close, and reviewing financials and capital account statements
- Review weekly bank account reconciliations, set up wire payments, monitor bank accounts and treasury processes
- Aid the year-end audit process, work with third-party audit firm, edit financial statement footnotes and performance metrics
- Participate in yearly tax return process, review returns, verify accuracy of K-1 information
- Analyze inter-company transactions to confirm accuracy between funds and management company books
- Support the investor relations team to respond to investor questions and requests
- Analysis of fund performance, including financial modeling and FP&A
Qualifications
Closed Loop Partners is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality or sex.
You must have US Work Authorization to be considered for any open Closed Loop Capital Management position.
Salary : $80,000 - $90,000
