What are the responsibilities and job description for the Fund Accounting Manager position at Yieldstreet?
About The Role
Yieldstreet is seeking a Fund Accounting Manager to work on the team responsible for all our accounting and finance functions of the Yieldstreet Funds. The job is to assist the Accounting and Finance team with the timely, efficient and accurate financial reporting of various entities. This role is for someone who has experience in accounting and the ability to apply relevant investment company accounting rules. You will be working with a team that is partially remote.
This role will be based out of the NYC office and requires being located within a commutable distance. You should expect to be in the office 3 days per week.
What you'll do:
Work with Yieldstreet’s Multi-Asset Class Fund and Individual Offerings
Responsible for direct oversight of regulatory activities of the Yieldstreets Multi-Asset Class Fund including but not limited to tax compliance testing, quarterly distributions, and tender offers. Collaborate with an oversees based team tasked with preparing financial reporting packages and review of financial details of Yieldstreet’s Individual Offerings. Proactively strengthen processes, and be accountable for accuracy, integrity, timeliness, and consistency through daily and monthly reviews of transactions recorded by the external fund administrator. Closely partner with key stakeholders, building strong relationships with internal and external partners improving relationships and processes.
Yieldstreet is the leading private market investment platform. We believe that private market alternatives should be a fundamental part of your portfolio. That’s why we’re unlocking access to make it easier than ever to get started. We partner with top-tier investment managers to provide investors with a wide range of opportunities across real estate, venture capital, private equity, art, short term notes and more. All of our offerings are curated and vetted by our team to help investors diversify away from the stock market with confidence.
Why Yieldstreet?
Join a team of diverse, smart, and friendly people from 8 different countries who speak a total of 17 different languages who are on a mission to make alternative investments a fundamental part of the modern portfolio. Our team is comprised of successful entrepreneurs with combined exits of over $1B. We get social with each other during happy hours, exercise classes and team off sites! We are a hybrid work company giving you the opportunity to connect with your peers in real time with the flexibility to work remotely a few days per week.
What’s in it for you:
Competitive compensation packages including equity
Health, dental & vision coverage with FSA/HSA options
Unlimited PTO
401k Match
Paid lunch once a week
Commuter benefit
Life insurance
Sabbatical
Summer Fridays
Compensation:
Yieldstreet is seeking a Fund Accounting Manager to work on the team responsible for all our accounting and finance functions of the Yieldstreet Funds. The job is to assist the Accounting and Finance team with the timely, efficient and accurate financial reporting of various entities. This role is for someone who has experience in accounting and the ability to apply relevant investment company accounting rules. You will be working with a team that is partially remote.
This role will be based out of the NYC office and requires being located within a commutable distance. You should expect to be in the office 3 days per week.
What you'll do:
Work with Yieldstreet’s Multi-Asset Class Fund and Individual Offerings
- Develop detailed working knowledge of the organization and how the functions partner together internally and with external auditors and tax professional.
- Actively develop and maintain strong relationships with non-finance business stakeholders to provide guidance for current business developments and serve as an escalation point.
- Own tasks assigned while playing an important role in projects relating to the operations of the accounting function.
- Work with internal teams for year-end tax process of 1099s and K-1s
- Assist with addressing investor queries and Ad-hoc reports
- 5-8 years accounting experience within public accounting or investment management
- Comprehensive understanding of private equity fund structures, real estate investments, partnership accounting, and regulatory frameworks.
- Understanding of accounting and the ability to apply relevant investment company accounting rules ASC 946
- Knowledge of reconciliation procedures and account analysis
- Demonstrated ability to proactively present and escalate ideas, suggestions and problems to ensure continuous improvement
- Ability to problem solve with a tactical and strategic mindset
- Strong Excel skills
- Exemplary organizational skills along with a high attention to detail
- Positive attitude and a strong sense of ownership over assigned tasks
- Proactive and methodical approach to work
- CPA preferred
- Experience with Geneva, portfolio accounting and familiarity with Looker, or other cloud-based ERP essential
Yieldstreet is the leading private market investment platform. We believe that private market alternatives should be a fundamental part of your portfolio. That’s why we’re unlocking access to make it easier than ever to get started. We partner with top-tier investment managers to provide investors with a wide range of opportunities across real estate, venture capital, private equity, art, short term notes and more. All of our offerings are curated and vetted by our team to help investors diversify away from the stock market with confidence.
Why Yieldstreet?
Join a team of diverse, smart, and friendly people from 8 different countries who speak a total of 17 different languages who are on a mission to make alternative investments a fundamental part of the modern portfolio. Our team is comprised of successful entrepreneurs with combined exits of over $1B. We get social with each other during happy hours, exercise classes and team off sites! We are a hybrid work company giving you the opportunity to connect with your peers in real time with the flexibility to work remotely a few days per week.
What’s in it for you:
Competitive compensation packages including equity
Health, dental & vision coverage with FSA/HSA options
Unlimited PTO
401k Match
Paid lunch once a week
Commuter benefit
Life insurance
Sabbatical
Summer Fridays
Compensation:
- HIRING SALARY RANGE: $125,000 (Actual salary to be determined by the education, experience, knowledge, skills, and abilities of the applicant, internal equity, and alignment with market data.) Compensation package also includes generous, bonus, benefits and equity.
Salary : $125,000
