What are the responsibilities and job description for the Fund Accounting Manager position at Startup Accelerator ™?
A Global and Leading Investment Management Firm is looking for a Fund Accounting Manager to join their team in DTLA!
Are you ready to take the next step in your accounting career with a globally recognized investment management firm? Our client is looking for a highly skilled Fund Accounting Manager coming from the Big Four to oversee the financial operations for a variety of private partnerships and client accounts. This is an exciting opportunity to work with a diverse range of investment vehicles while collaborating closely with clients and portfolio teams.
Key Responsibilities:
- Manage the preparation and maintenance of books and records for pooled private investment funds and separate accounts.
- Prepare and/or review complex management fee and waterfall calculations.
- Record and reconcile cash, investments, and balance sheet accounts.
- Handle the recording of purchase and sale transactions, as well as accounting for complex corporate actions.
- Estimate and post accruals as necessary.
- Review and update income and expense allocations to each partner, including distribution waterfalls based on governing documents.
- Prepare and manage distributions and drawdowns.
- Produce monthly, quarterly, and annual financial reports for internal and external stakeholders.
- Analyze and calculate performance metrics for partnerships and individual investments.
- Coordinate with independent auditors, custodians, prime brokers, and fund administrators.
- Perform additional tasks as required by the business.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or related field; CPA is a plus.
- Minimum 5 years of relevant accounting or audit experience, specifically within public accounting (Big Four) working with financial services clients; or a combination of public accounting and investment management experience.
- Strong knowledge of reconciliation, account analysis, and investment company accounting rules.
- Proficient in Microsoft Excel, Word, and PowerPoint.
- Solid analytical skills with the ability to resolve complex financial issues.
Please submit your resume for consideration.
You can use WorkGrades to collect and manage your references for free and share them with us or anyone else you choose by visiting workgrades.com/home/candidate. Candidates with references are always preferred by our clients. Now is the most important time to stand out from the crowd. We suggest that you ensure you have updated your LinkedIn profile and that you start collecting your references early.
We will consider qualified candidates with criminal histories in a manner consistent with the requirements of the Los Angeles Fair Chance Initiative for Hiring.
Salary : $110,000 - $140,000
