Americas
Asset Management
New York
Lazard is one of the world’s leading financial advisory and asset management firms.
Our people make the difference. With just over 3,000 employees, our tight-knit community allows for professionals eager to learn and willing to teach to connect and grow together. We believe that diversity, equity, inclusion, and allyship are not just business imperatives — they are central pillars of our employee experience. Our entrepreneurial culture and flat structure allow creative ideas and original concepts to drive our business forward — and for careers to take flight.
The Alternative Investments Operations team is responsible for the day-to-day operations and finance for LAM Alternative business, which oversees approx. $10B in assets supporting 13 global portfolio management teams covering fixed Income, equity, convertible bonds, emerging Markets, private equity, and other alternative investment products.
We are searching for a highly motivated fund accountant that will be responsible for overseeing critical financial operations and reporting for our alternatives investment operations team.
We’ll trust you to:
- Calculate daily, weekly, and monthly estimated performance and NAVs
- Prepare monthly fact sheets, revenue and management reports, as well as reports for auditors and other external reporting entities
- Prepare and review performance fees, attribution reports, financial statements, tax reporting, management fees, and budgeting
- Own the reviewing of accounting agents/administrator reports before issuing final NAVs
- Manage compliance reporting including Form PF, CTA, AIFMD, etc.
- Process invoices and updating expense budgets
- Review semi-annual and annual financial reports and tax reporting.
You’ll need to have:
- 3-5 years of experience in auditing or fund administration, with strong knowledge of fund accounting principles and alternative Investment products
- Proficiency in excel and fund accounting systems; Bloomberg experience is a plus
- Knowledge of regulatory reporting requirements (Form PF, CTA, AIFMD, etc.)
- Bachelor’s degree in accounting preferred (CPA is a plus)
What we offer:
We strive to enhance the total health and well-being of our employees through comprehensive, competitive benefits. Our goal is to offer a highly individualized employee experience that enables you to balance your commitments to career, family, and community. When you work for Lazard, you are working for an organization that cares about your unique talents and passions and will continue to invest in the development of your career.
We expect the base salary range for this role to be approximately $95,000-$115,000 USD. Various factors contribute to determining the actual base compensation offered, including but not limited to the applicant’s years of relevant experience, career tenure, qualifications, level of education attained, certifications or other professional licenses held, relevant skills for the role. Base salary is one component of Lazard’s compensation package, which also includes comprehensive benefits and may include incentive compensation.
Inclusion at Lazard
Lazard is an intellectual capital business focused on delivering the best advice and solutions to clients. Achieving these objectives requires us to identify, develop and retain the best talent. A workforce comprised of people with varied backgrounds and experiences creates a rich diversity of thought that empowers us to challenge conventional wisdom, as diverse perspectives lead to better decisions.
Our appreciation of diversity’s strength is ingrained in our multicultural heritage. As a global firm that has grown organically from local roots in different countries, we have a deep tradition of respect for individual differences, which has been core to our success for 175 years.
The ongoing cultivation of an inclusive culture are essential to our continued growth. We are committed to sustaining an environment in which all employees – regardless of socioeconomic status, race, ethnicity, nationality, religion, gender, gender expression, sexual orientation, physical abilities, veteran or military status – can maximize their individual potential, as well as our collective success.
