As an Alternative Fund Services - Fund Accounting - Associate within Alternative Fund Services, you will maintain books and records for Hedge/Hybrid and Private Equity funds and ensure accurate fund set-up and ongoing maintenance in the accounting database in line with governing documents.
You will deliver NAVs, fee calculations, capital activity, and investor reporting to SLA timelines while partnering with Investor Relations and internal/external stakeholders within the control framework.
Job Responsibilities
- You will maintain the books and records of Hedge/Hybrid and Private Equity funds.
- You will review fund governing documents and related agreements and ensure correct set-up and maintenance of fund structures and investments in the accounting database.
- You will prepare and/or review periodic NAVs, management fee and carried interest/performance fee calculations, investor allocations, and capital account statements in adherence with the control framework (including internal policies and procedures).
- You will prepare and/or review capital call and distribution calculations (including investor notices) and reconcile call proceeds and distribution payments.
- You will coordinate with Investor Relations to release capital notices and deliver quarterly reporting via the investor reporting portal.
- You will manage client expectations and SLA timelines across deliverables and ad hoc requests by partnering with your manager, team, and support functions, and you will liaise with internal/external stakeholders (including risk and control groups, audit, tax, compliance, implementation, and investor relations).
Required Qualifications, Capabilities and Skills.
- Bachelor’s Degree in Accounting, Finance, or a related field.
- 3+ years’ experience in an accounting role, preferably at a Big 4, PE firm, or fund administrator.
- Knowledge of US Generally Accepted Accounting Principles for Investment Funds and you are familiar with Private Equity & Hedge fund structures.
- Analytical problem solver with strong attention to detail and the ability to work under pressure and balance multiple priorities.
- Team player with strong organizational, interpersonal, communication, and client service skills, and you can see projects through to completion.
- Proficient in Microsoft Office with strong MS Excel skills; a professional accounting qualification (CA, CPA) and experience with Investran (or similar) are a plus.
