(Investments) Staff Accountant - Private Equity
Posted on :
23-11-2022
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Jobs by Experience
5+ years
Monthly Salary
Not Disclosed
Salary Not Disclosed
Posted on :
23-11-2022
Job Description
Our client is a global investment firm with locations around the world. The firm has outstanding employee retention due in large part to a professional work environment; a philosophy of promote from within and excellent company benefits.
This a great chance for an accounting graduate with one year of relevant or transferable experience to join this leading investment firm.
The selected individual will join the Fund Administration Group which is responsible for the accounting, reporting and treasury operations of the a private equity funds managed by the Firm.
The group issues two reports to investors each quarter: financial statements prepared in accordance with US GAAP for each partnership and a Valuation and Performance Report (VPR) that includes: components of our quarterly valuations; financial monitoring metrics for the portfolio investments and a written commentary on recent events / progress on the value creation plan.
The group also plays an integral role in the Firm s fund raising efforts, collaborating with our Limited Partner Services and Legal / Compliance teams, and works closely with other constituencies across Finance and the firm. This position reports to the Fund Manager and is responsible for the accounting and treasury operations for a subset of private equity funds.
Responsibilities include:
- Perform daily reconciliation of fund cash activity and maintain books and records accordingly
- Assist in quarterly close process, prepare draft financial statements and footnotes and create supporting work papers
- Assist with capital calls and distributions, including allocation of such transactions
- Prepare wire transfers to fund investment activity and distribute proceeds to investors
- Answer information requests from investors, refers investors to other appropriate resources as necessary
- Complete ad-hoc requests for information from management
Requirements
Qualifications
- 0-2 years of experience in public accounting or as a Fund Staff Accountant, preferably in private equity
- Experience working with Investran a plus
- Bachelor s degree in Accounting
- Excellent communication skills, both written and verbal
- Attention to detail, ability to multitask and keep multiple parties up to date on progress
- Strong skills in working with Microsoft Office suite of products
- Ability to create clear and concise documentation and/or work papers to be relied upon by external auditors
Benefits
This is a chance for anACCOUNTINGprofessional with an interest in investments to gain exposure to all the activities that support a leading private equity firm. These activities include reporting to investors; ensuring that cash settlements are handled properly; supporting future fund raising efforts and being were excellence is pursued on a daily basis.
The workplace expectations are three days in the office. The firm believes this is necessary to accelerate individual development and team collaboration.
The firm has very attractive benefits and overall compensation.
Qualifications 0-2 years of experience in public accounting or as a Fund Staff Accountant, preferably in private equity Experience working with Investran a plus Bachelor s degree in Accounting Excellent communication skills, both written and verbal Attention to detail, ability to multitask and keep multiple parties up to date on progress Strong skills in working with Microsoft Office suite of products Ability to create clear and concise documentation and/or work papers to be relied upon by external auditors
Employment Type
Full Time
Key Skills
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