What are the responsibilities and job description for the Fund Accountant position at Obra Capital, Inc.?
Fund Accountant
Obra Capital is seeking a Fund Accountant to join our team. The Fund Accountant will be responsible with the maintenance of the books and records of funds in accordance with U.S. GAAP. The role will work and collaborate with various departments within the firm, including Operations, Investor Relations, Management Reporting, Tax, and Legal and Compliance. The role will also coordinate and manage the funds' external third-party fund administrator.
BELOW ARE A LIST OF RESPONSIBILITIES AND QUALIFICATIONS :
Responsibilities :
- Oversee funds' NAV finalization process, including P&L reconciliation and allocation to investors, for open-ended and / or closed-ended private fund structures; investigate and resolve discrepancies with third party fund administrator and internal teams
- Review and reconcile the calculation and payment of management and carried interest and / or incentive fees in accordance with the funds' governing documents
- Review capital calls and distributions allocations and notifications
- Approve client capital account statements generated by third party administrators
- Prepare quarterly unaudited financial statements and annual audited financial statements in accordance to U.S. GAAP and coordinate with external auditors for the year-end audit process
- Prepare monthly attribution performance reporting to senior management
- Prepare and review monthly fund forecasts, NAV performance estimates, and other ad-hoc requests / projects
- Prepare inputs for annual regulatory reporting, investor letters, custom client reporting, and firm level reporting
- Liaise with various internal teams including Operations, Investor Relations, Management Reporting, Tax, and Legal and Compliance
- Prepare and review expense allocations, operating expense budgets, and vendor expense payments
- Review fund legal documents and continue to streamline or build processes and templates
- Engage in special projects and involve in firm strategic initiatives; assist with the creation and implementation of procedures, workflows, and controls
Education and Qualifications :
