Accounting/Operations Associate (Hybrid)

New York City



  • Assisting with middle and back office operations and account services on private market funds
  • Recording transactions to company’s portfolio management system
  • Updating the company’s portfolio system with performance estimates and final values
  • Liaising with investment managers, third party administrators and prime brokers
  • Tracking cash flows, including capital calls, distributions, and return of capital
  • Reviewing all transaction documentation and supporting files, and understanding the features of the investment transactions and accruals
  • Reviewing monthly closing packages for accuracy and completeness, including capital activity, investment activity, income and expense accruals and valuation adjustments
  • Reviewing management fee calculations, including management fee waiver contributions
  • Reviewing investor allocations and capital account statements
  • Reviewing capital call and distribution calculations, sources/uses of cash, allocations and investor notices
  • Creating, maintaining and reviewing distribution waterfall (carried interest) models, in keeping with the applicable fund terms
  • Preparing and reviewing financial statements, notes, disclosures and supporting schedules
  • Working on the year-end audit process in collaboration with clients, auditors and service providers
  • Where applicable, supporting the external tax team with information to prepare tax compliance reports




  • 3 to 5 years of accounting or operations experience at a fund, investment bank or other financial institution
  • CPA preferred but not required
  • Solid academic record





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 8/13/2020
Salary $85,000 - $100,000 + bonus

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