What are the responsibilities and job description for the Private Equity | Hedge Fund Accountant | Fund Services position at mosaicpartners?
Top Tier Financial Services firm looking for a Fund Accountant to join their growing team. This is an excellent opportunity to manage approximately 1-5 client relationships. Cooperate with the Firm’s offshore operations and clients to resolve daily trade and accounting breaks. Prepare | review monthly account closing procedures and ensuring compliance with established accounting procedures and controls. Ensure all fund expenses are accrued timely and in accordance with GAAP. Perform monthly master-feeder accounting allocations.
QUALIFICATIONS
- Bachelor’s degree
- Minimum 5 years prior experience in a client-facing and / or accounting related role
- Extensive knowledge of hedge fund investor, accounting concepts including :
- Offshore class | series accounting
- Partnership accounting
- Allocation of new issues
- Accounting for complex management and incentive fee terms (hurdle rates)
- Offshore fee deferrals
- Side-pocket accounting
- Strong knowledge of US generally accepted accounting principles (GAAP)
- Experience in GAAP financial statement preparation, including strong understanding of hedge fund structures (master-feeder, mini-master, fund-of-funds)
- Strong team and interpersonal skills
- Strong communication, accounting, industry and relationship management skills
- CPA a plus but not required
- Prior experience with a Hedge Fund preferred
- Sarbanes-Oxley 404 related experience or experience in SSAE 16 preparation a plus
- Tax knowledge and experience in tax return preparation a plus
- Knowledge of IFRS a plus
This role will sit HYBRID out of the New York, NY Metro Area office. Compensation will include base salary up to $170,000 Bonus.
Salary : $170,000
