Accounting Manager/AVP – Distressed Debt Funds

Los Angeles, CA

Responsibilities

 

  • Formulating and upholding the books and chronicles of pooled private investment funds prearranged as limited partnerships and/or detached accounts
  • Accounting for and reconciliation of cash, investments and real property
  • Recording and settling of purchase and sale transactions
  • Accounting for complex corporate actions
  • Estimating and posting of monthly closing accruals
  • Calculating of income and expense allocations to each partner, including updating of distribution waterfall based on the terms of the governing documents
  • Determining and preparing distributions and draw-downs
  • Preparing of monthly, quarterly, and annual financial reports to clients
  • Analyzing and calculating of performance metrics for partnerships/accounts as well as for each investment
  • Coordinating with funds’ independent auditors, custodians, prime brokers and fund administrators

 

Requirements

 

  • Bachelor’s degree in Accounting or Finance. CPA a plus.
  • At least five years pertinent accounting or audit experience within Big Four public accounting or a combination of public accounting and investment management industry experience
  • Robust knowledge of settlement and account analysis
  • Outstanding understanding of accounting and the aptitude to apply pertinent investment company accounting rules
  • Solid analytical skills and ability to understand and resolve complex problems
  • Proficiency in Microsoft Excel, Word and PowerPoint.

 

 

 

 

 

Note: Qualified candidates will be contacted within 2 business days of application. If an applicant does not meet the above criteria, we will keep your resume on file for future opportunities and may contact you for further discussion.

Date Posted 9/30/2020
Salary $105,000 - $150,000 + bonus






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