Fund Accountants
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Job Location:
Hackensack, NJ - USA
Monthly Salary:
Not Disclosed
Posted on:
18 hours ago
Vacancies:
1 Vacancy
Job Summary
Job Title: Fund accountant
Location: Hackensack New Jersey
Employment Type: Perm Employee
Pay: Competitive compensation package with base salary and generous monthly commissions.
- Prepare and/or Review Monthly/Quarterly NAV packages
- Record/Review trade information income/expense activity and applies valuation of securities in the portfolio accounting system
- Prepare/Review Processing of Capital Calls and Distributions
- Prepare/Review Allocation of Fund level profits and losses to individual investors for preparation and distribution of investor statements in accordance to Fund Legal Documents
- Prepare/Review Calculation of Management Fees and Carried Interest
- Review and coordinate fund expense analysis and expense processing
- Review of various Fund Legal Documents including Limited Partnership Agreements Side Letters and Private Placement Memorandums
- Interaction and coordination with internal and external stakeholders including but not limited to clients auditors and other groups within US Bank
- Supervise train and coach junior level new hires including but not limited to providing technical and PC knowledge to them
Requirements
- Bachelors degree in accounting Finance or a business-related field or equivalent work experience
- 5 to 8 years of related experience preferably in portfolio partnership accounting finance or portfolio management
- Experience working at a Private Equity Fund Manager Alternative Investment Manager Fund Administrator Custodian Bank and/or other financial institutions with relevant knowledge and experience
- Thorough knowledge in accounting reporting and analysis
- Ability to identify and resolve/escalate complex problems with minimal guidance
- Ability to manage multiple tasks/projects and deadlines simultaneously
- Effective interpersonal verbal and written communication skills
- Proficient computer navigation skills using a variety of software packages including Microsoft Office applications
Required Skills:
Basic Qualifications Bachelors degree in accounting Finance or a business-related field or equivalent work experience 5 to 8 years of related experience preferably in portfolio partnership accounting finance or portfolio management Preferred Skills / Experience Experience working at a Private Equity Fund Manager Alternative Investment Manager Fund Administrator Custodian Bank and/or other financial institutions with relevant knowledge and experience Thorough knowledge in accounting reporting and analysis Ability to identify and resolve/escalate complex problems with minimal guidance Ability to manage multiple tasks/projects and deadlines simultaneously Effective interpersonal verbal and written communication skills Proficient computer navigation skills using a variety of software packages including Microsoft Office applications
