Consider for future openings - Fund Accounting Supervisor
Consider for future openings - Fund Accounting Supervisor
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
$ 90000 - 130000
1 Vacancy
Job Description
New York City-based Private Equity Fund Administration Firm is looking for a Private Equity Accounting Supervisor to oversee Private Equity funds.
Primary Responsibilities Will Include:
- Work closely with the Director/ Managing Director managing daily Fund Operations
- Oversee the operations and accounting of an existing fund independently
- Ability to interface and manage a client/ business with limited guidance
- Familiar with LPA and other Governing documents. Able to extract key economics compile and document a thorough Summary with limited guidance
- Able to supervise a small staff of accountants if necessary
- Oversee and provide guidance on the initial set up of the Clients Funds deliverables (capital calls distributions financial statements waterfalls IRRs) and perform thorough in-depth review and sign off prior to Director/Managing Director review
- Perform multiple levels of review/analyses of Financial Reports/Capital Events and Private Equity Complex Transactions (depending on client and team)
Job Requirements Skills Education and Experience:
- Bachelors degree in Accounting Public/Private
- CPA Preferred
- 4 years of relevant Private Equity Fund/Investment Company Accounting & Reporting experience
- Ability to learn on the job quickly apply learning to clients and recommend solutions to issues
- Ability to quickly adapt to changes in processes and procedures in a rapidly changing environment
- Sound knowledge of Investment Company Accounting (ASC 946) Economics (Waterfalls and Allocations) Fund Structure (Corporate Partnership Tax Blockers etc. within an Organization Chart) / Investor Classifications
- Sound knowledge of types of Reporting for Investment Funds / Investment Companies and Investors in US GAAP (ASC 946) and IFRS Ability to Prepare and review
- Sufficient knowledge and hands-on experience with governing documents such as LPAs Mgmt. Advisory Agreements Side Letters Separate Fee agreements etc.
- Hands-on experience accounting/audit of private equity funds (including blockers Parallel SPV AIV Co-Investment Vehicles) management companies and other related vehicles
- Excellent verbal written and interpersonal communication skills.
- Strong attention to detail and accuracy
- Superior problem-solving judgment and decision-making skills
- Ability to think independently prioritize multi-task and meet deadlines.
- Extensive Microsoft suite skills Excel (pivots) Word PowerPoint and Outlook
The salary range for this position is $90000-$130000 in addition to a discretionary bonus and comprehensive benefits package. Please note that the actual salary offered within that range will depend on the candidates experience level.
Work Arrangement
All applicants applying to Gen II Fund Services LLC must be legally authorized to work in the United States. Please note that all US employees are required to work a hybrid schedule comprised of two (2) days a week in our office and three (3) days remotely.
About the Company
Gen II Fund Services LLC is one of the largest global independent private equity fund administrators administering over $1 trillion of private capital on behalf of its clients with offices in New York San Francisco Boston Stamford Dallas Denver Vancouver London Southampton Dublin Jersey and Luxembourg. Gen II offers private fund sponsors a best-in-class combination of people process and technology enabling fund sponsors to effectively manage their operational infrastructure financial reporting and investor communications. The Gen II team is the most experienced and longest tenured team in the private equity fund administration industry with broad expertise across buyout funds of funds real estate energy infrastructure credit co-investment hybrid funds feeder funds venture capital retail and managed accounts.
Key Facts:
- Administering over $1T in assets
- Servicing nearly every significant investor in the asset class
- Institutional grade infrastructure and SSAE 18 (SOC-1 Type 2) certification ensuring confidence in our processes and operating model.
- The most experienced and best performing team in the industry.
Manager
Employment Type
Full-Time
