This position is focused on our hybrid private equity fund. Key areas include the review of the monthly close, calculation of management and incentive waterfall, annual fund’s financial statement review, and reviewing capital call/distribution notices.
Responsibilities
- Participate in the year end audit and ensure audit deliverables are met
- Perform detailed financial statement reviews, tie-outs to supporting work papers, and provide value added comments
- Conduct review of monthly Fund NAV packages released by the fund administrator
- Liaise with internal resources (Investor Relations, Middle Office, Tax, Legal, etc.), fund administrator and external auditors to ensure we meet our monthly, quarterly and annual reporting deadlines
- Ability to work with administrator and ensure we reconcile with the prime broker
- Preparing and/or reviewing fee calculations including (but not limited to) management fees and incentive fees
- Review valuations and pricing analysis provided by third party valuation agent
- Review investor capital activity and capital call/distribution notices
- Review investor funded and unfunded commitments
- Prepare/review partner allocations and ensure waterfall calculations are in accordance with fund documents
- Review quarterly unaudited financial statements for multiple SPVs
- Review quarterly regulatory reporting (Form PF, AIFMD, etc)
- Prepare month end gross/net estimates and provide commentary for drivers
- Create documentation for fund processes / policies and procedures
- Enhance, automate and streamline work processes
- Detail oriented team player
- Ability to work in a fast paced environment
Job Requirements
- 7 to 10 years of private equity fund accounting/hedge fund accounting experience
- Deep understanding of private equity accounting including waterfall calculations, IRR, and complex fund structures
- Familiarity with leverage facilities and borrowing base calculations preferred
- Some exposure to hedge fund accounting desired, but willing to train
- CPA preferred, but not required
- MS Office, with strong Excel skills
- Strong Communication skills, including the ability to face off with external clients and senior management
