What are the responsibilities and job description for the Senior Portfolio Analyst position at Private Equity?

Educational Qualifications:

- Degree: An undergraduate or graduate degree is preferred in accounting, finance, economics, or mathematics.

Professional Experience:

- Work Experience: A minimum of 4-8 years in relevant work experience is essential.

- Investment Company Affairs: Candidates should have demonstrable experience in accounting for, auditing, or valuing investment companies. Familiarity with managing complex investment portfolios that include diverse asset types would be advantageous.

Technical Knowledge:

- Accounting Standards: A comprehensive understanding of U.S. tax and GAAP treatments for accounting entries across a wide range of asset classes and investment structures is necessary. Familiarity with Luxembourg GAAP is a plus.

- Valuation Principles: Candidates must be knowledgeable about fair value principles under U.S. GAAP and the valuation methodologies applicable across multiple asset classes.

Skills:

- Communication Skills: The candidate should possess excellent verbal and written communication abilities, as well as strong interpersonal and documentation skills.

- Work Ethic: A visible commitment to excellence and pride in the quality of work produced is crucial.

- Critical Thinking: The candidate should exhibit strong critical thinking and problem-solving skills, demonstrating an ability to manage intricate details while also understanding the broader, macroeconomic context.

- Collaboration: The capability to work effectively both independently and collaboratively in a team setting is essential for success.

- Multitasking and Prioritization: Exceptional ability to multitask and prioritize work assignments effectively is vital for managing various responsibilities within fast-paced environments.

Research and Analytical Skills:

- Technical Research: Ability to conduct thorough technical research, distilling findings, and making informed recommendations to foster scalable and repeatable team processes.

Technical Proficiency:

- Excel Expertise: Strong technical skills, particularly in Excel, are mandatory. Familiarity with programming languages or the capacity to create macros adds an additional layer of value to the candidate.

This candidate profile articulates the high standards expected for the role while emphasizing the importance of both technical expertise and interpersonal skills in achieving overall organizational success.

Position Overview

The team is responsible for a wide array of functions, including investment valuations, accounting, net asset value (NAV) calculations, and partner income allocations across eleven partnerships. The candidate will play a critical role, with essential functions outlined below.

Responsibilities:

Valuation and Reporting:

- Valuation Ownership: The candidate will manage a comprehensive range of valuation, accounting, and reporting analyses specific to particular asset classes or investment structures. This includes:

- Reviewing and reconciling fund administrator books and records.

- Maintaining internal shadow books and documenting financial records.

- Analyzing complex legal documents related to investment structures and partnerships.

- Examining large data sets to compile internal, external, and regulatory reports and filings.

GAAP and Financial Oversight:

- Research and Compliance: Conduct research on GAAP accounting pronouncements and related treatments for assigned asset classes or special purpose vehicles.

- Oversee the annual audit process and facilitate financial statement preparation for funds.

- Entry Validation: Ensure accuracy in GAAP and U.S. tax accounting entries, collaborating with both internal and external teams to maintain alignment. The role may require knowledge of international GAAP depending on the asset class.

Reporting Deliverables:

- Team Reporting Support: Responsible for the preparation and production of crucial team reporting materials, which include:

- External investor reports detailing portfolio returns, investment performance, and exposure.

- Audited financial statements and related schedules including Condensed Schedules of Investments and ASC 820 Disclosures.

- Management reporting related to valuations.

Private Investment Valuation:

- Appraisal Reviews: Support internal private valuation processes by conducting appraisal reviews and market updates.

- Collaborate with asset managers and external partners to efficiently collect required information and review audited financial statements for potential concerns.

- Valuation Preparation: Prepare private investment valuations by gathering and reviewing pricing and valuation data sourced from external entities, including pricing vendors and valuation consultants.

Cross-Team Collaboration:

- Process Improvement Recommendations: Collaborate with Operations teams, including Private and Trading Operations, Tax, and Transaction Structuring, to identify and recommend enhancements for processes through automation, streamlined templates, or improvements to internal IT systems.

Project Management:

- Additional Projects: Undertake independent research and complete additional projects as requested, including generating specific reports for the Chief Financial Officer (CFO).