Funds Management Manager

  • Location: New York, NY, New York
  • Type: Perm (Contingency)
  • Job #31205

Compensation: $140,000-$160,000 + bonus

Location: New York, NY

Private Equity Firm is looking to hire a Manager of Funds Management who will be working focusing on their hybrid funds with exposure to other areas as well and replacing someone who moved to a different group. 

Highlights About the Company & Position:

  • Coordinate with the investment team, legal/tax counsel, and middle office operations team to plan and execute fund and deal closings including legal entity structuring.
  • Assist with the formation process for all new entities and prepare the documentation needed for internal Legal Entity approval, coordinate the establishment of tax documentation (W8, W9) for all entities.
  • Monitor legal compliance with various fund agreements and side letter arrangements.
  • Preparation of Economic Net Income models and gathering all necessary data needed for models from the deal team.
  • Detailed review of quarterly fund closes based on data received from the Third-Party Administrator (“TPA”), which includes a review of related support for all balance sheet and income statement accounts, consolidation templates, and financial footnote support.
  • Review of accrued and realized carry calculations from the TPA.
  • Review of capital allocations and capital statements prepared by TPA.
  • Coordinate interim and year-end audit requests and address questions from external auditors including coordination for SOX and SOC1 testing.
  • Manage the monthly working capital review and quarterly billing of expense reimbursements and management fees with Corporate Accounting.
  • Review and approval expense allocations and invoice payments.
  • Oversight of external tax team.
  • Facilitate mid-year planning discussions with Corporate Accounting and External CPAs.
  • Coordination with the Corporate tax team on deliverables, and considerations for new and liquidating CLOs.

Requirements/Qualifications:

  • Bachelor’s degree in Accounting and/or Finance required.
  • CPA required.
  • Minimum of 6+ years of experience either in structured credit or public accounting
  • Knowledge of U.S. GAAP with an emphasis on accounting for investment funds.
  • Knowledge of CLOs or Structured Finance is a plus.
  • Highly motivated; Self-starter.
  • Ability to work under pressure to meet tight deadlines and balance multiple priorities.
  • An innovative and analytical thinker with strong problem-solving skills.
  • Strong leadership skills with a hands-on management style.
  • Strong organizational skills with the ability to own and see projects to completion.
  • Strong interpersonal skills and a team player.
  • Excellent interpersonal and communication skills, both written and verbal.

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.

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Job ID: 31205