What are the responsibilities and job description for the Sr Fund Accounting Analyst position at PTR Global?
Job Title: Sr Fund Accounting Analyst
Location: Jersey City, NJ (3 days onsite - Hybrid)
Duration: 06 months initial contract with extension for longer term
Business description:
The industry-leading alternative investments platform within client Wealth Management has over $20 billion in AUM. The group identifies best-in-class underlying private equity, real estate, and hedge fund investment management firms and products. Client capital is invested either directly into the underlying fund products or via client-managed feeder and co-investment vehicles.
Job description:
The Senior Fund Accounting Analyst oversees the financial reporting of the client feeder funds in a timely, accurate, and efficient manner.
Responsibilities include, but are not limited to:
- Work with third-party fund administrators and auditors.
- Review and sign off on capital calls/distributions, monthly/quarterly NAV packages, accrual/fee calculations, and annual financial statements, which are prepared by the fund administrators and audited by big 4 audit firms.
- Research and resolve fund accounting, financial, and other issues that may arise.
- Liaise with business partners including product management and client service groups and provide performance reports and answer questions as they arise.
- Analyze fund organization documents; understand revenue implications for client Investment.
- Manage cash across portfolios; prepare cash forecasting and budgeting reports.
- The individual will help to ensure financial reporting and Year-End 2024 audits for all Feeder Funds on the platform are done in a timely, accurate, and efficient manner.
Qualifications:
- 4 years of fund accounting or public accounting with a focus on Alternative investments (Private Equity or Hedge Funds). Experience with a big 4 audit firm, auditing Private Equity and Hedge Fund vehicles is a plus.
- CPA or Chartered Accountant certification a plus.
- Strong quantitative and analytical skills.
- Ability to handle multiple tasks effectively and work within tight deadlines.
- Strong team player and detail-oriented.
- Strong interpersonal, communication (written and spoken), and organizational skills.
- Experience with Investran is a plus.
- Working knowledge of Excel.
- Confident with strong leadership skills.
- Creative thinker.
- Self-starter, possessing a willingness to learn.
Required Education:
Bachelor's/University degree, preferably in Accounting or an equivalent field.
