Compensation: $105,000 – $115,000 + bonus
Location: New York City
Job Overview:
We are seeking a highly experienced PE Fund Accounting Associate to join our client's team at a leading firm. In this role, you will be responsible for providing accurate and timely accounting information, including transaction processing, financial report preparation, and client/investor support. This is a full-time position based in New York City with a flexible hybrid-remote work schedule.
Responsibilities:
In the role of PE Fund Accounting Associate, you will be responsible for:
- Recording journal entries for management fees, investments, accruals, valuation adjustments, and bank reconciliations
- Preparing accounting work papers and financial statements, including footnotes and supporting schedules
- Ensuring completion of all cash transactions, such as capital calls and investment proceeds
- Calculating and reviewing capital transactions, management fees, and accruals
- Determining proper allocation of portfolio and income transactions
- Collaborating with deal teams to understand deal structures and assist with execution activities related to acquisition and disposition transactions
- Reaching out to underlying investments for additional breakdown of investment proceeds
- Qualifications:
To be considered for the PE Fund Accounting Associate role, you should have: - 3-5 years of experience in private equity fund accounting, with expertise in waterfalls, capital calls, and distributions
- Experience in preparing financial statements, including footnotes and supporting schedules
- Proficiency in accounting transaction processing and reconciliation
- Strong knowledge of financial instruments and investment concepts
- Familiarity with fund accounting systems, such as Investran or Geneva
- Excellent analytical and problem-solving skills
- Detail-oriented with a high level of accuracy
- Strong organizational and time management abilities
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Application 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.
Job Status Markers: #LI-DNP | #LI-Hybrid