Manager – Investment Fund Accounting
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Job Location:
Los Angeles, CA - USA
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
About Latham & Watkins
Latham & Watkins is one of the worlds leading global law firms advising the businesses and institutions that drive the global economy. We are the market leaders in major financial and business centers around the world. Our investment in people commitment to innovation and focus on the future empower you to build an incredible career and thrive as an exceptional professional in a supportive culture. If you aspire to be the best and work with the best this is where you belong.
About the Role
The Manager Investment Fund Accounting is an integral part of Lathams Treasury team. This role will be responsible for overseeing and maintaining accounting records of private investment funds including general ledgers partners capital and related financial statements and tax reporting while confirming accurate journal entries reconciliations and fund accounting operations including capital calls distributions cost allocations monthly reporting packages and investor capital activity. This role will be located in our Global Services Office in downtown Los Angeles. Please note that this role may be eligible for a flexible working schedule that allows for a hybrid and in-office presence.
Responsibilities & Qualifications
Other key responsibilities include:
- Reviewing subscription documents including Know Your Customer questionnaires investor documentation and related bank or brokerage forms
- Partnering closely with investment committees internal teams and banking or brokerage firms and communicating with investors and other stakeholders with a strong customerservice focus
- Driving the setup of new investment fund vehicles and supporting fund dissolutions
- Ensuring the accuracy completeness and integrity of annual fund financial statements and liaising with auditors on agreedupon procedures and audits
- Ensuring compliance with applicable regulatory requirements
- Protecting and maintaining any highly sensitive confidential privileged financial and/or proprietary information that Latham & Watkins retains
Wed love to hear from you if you:
- Possess organizational skills needed to manage time effectively prioritize tasks and handle multiple deadlines
- Demonstrate selfmotivation strong attention to detail and accountability for completing assigned tasks while identifying opportunities for process improvement
- Exhibit the ability to develop and train others on alternative investments and capital transactions
And have:
- A bachelors degree in accounting or a related field
- A minimum of seven (7) years of fund accounting experience preferably within private equity or alternative investments
- Experience reviewing subscription documents and fund agreements preferably
- A Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) designation preferably
Benefits & Additional Information
Successful candidates will not only be provided with an outstanding career opportunity and welcoming environment but will also be provided with a generous total compensation package with bonuses awarded in recognition of both individual and firm performance. Eligible employees can participate in Lathams comprehensive benefit program which includes:
- Healthcare life and disability insurance
- A generous 401k plan
- At least 11 paid holidays per year and a PTO program that accrues 23 days during the first year of employment and grows with tenure
- Well-being programs (e.g. mental health services mindfulness and resiliency medical resources well-being events and more)
- Professional development programs
- Employee discounts
- Affinity groups networks and coalitions for lawyers and staff
Latham & Watkins is an equal opportunity employer. The Firm prohibits discrimination against any employee or applicant for employment on the basis of race (including but not limited to hair texture and protective hairstyles) color religion sex age national origin sexual orientation gender identity veteran status (including veterans of the Vietnam era) gender expression marital status or any other characteristic or condition protected by applicable statute.
Latham & Watkins LLP will consider qualified applicants with criminal histories in a manner consistent with the City of Los Angeles Fair Chance Initiative for Hiring Ordinance (FCIHO). Please click the link below to review the Ordinance
Please click here to review your rights under U.S. employment laws.
#MidSenior
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Pay Range
Required Experience:
Manager
Key Skills
About Company
Latham & Watkins, a global law firm, advises the businesses and institutions that power the global economy. We leverage our vast global resources to work relentlessly and efficiently to accomplish client goals.
