Senior Accounting Manager AVP Fund Accounting

Our client is a prestigious global asset management firm that is seeking a Senior Accounting Manager or Assistant Vice President who will be responsible for maintaining the books and records for various private partnerships and accounts, as well as reporting to clients and the portfolio group, and working closely with our offshore team.

Responsibilities will include:

1. Preparing and maintaining the books and records of pooled private investment funds organized as limited partnerships and/or separate accounts;
2. Accounting for and reconciliation of cash, investments and real property;
3. Recording and reconciling of purchase and sale transactions;
4. Partnering with our corporate actions team in reviewing and accounting for complex corporate actions;
5. Estimating and posting of monthly closing accruals;
6. Calculating of income and expense allocations to each partner, including updating of distribution waterfall based on the terms of the governing documents;
7. Determining and preparing distributions and draw-downs;
8. Preparing of monthly, quarterly, and annual financial reports to clients;
9. Analyzing and calculating of performance metrics for partnerships/accounts as well as for each investment;
10. Coordinating with funds’ independent auditors, custodians, prime brokers and fund administrators;

Qualifications:

1. Minimum 7-9 or 10+ years relevant accounting or audit experience within Big Four public accounting or a mix of public accounting and investment management industry experience;
2. Strong knowledge of reconciliation and account analysis;
3. Excellent understanding of accounting and the ability to apply relevant investment company accounting rules;
4. Solid analytical skills and ability to understand and resolve complex problems;
5. Proficiency in Microsoft Excel, Word and PowerPoint.

Education:

1. Bachelor’s degree in Accounting or Finance.
2. CPA a plus.