Senior Fund Accountant (Los Angeles)
13 hours ago
Los Angeles
A global alternative investment manager is seeking a Senior Fund Accountant to join their team. The Senior Associate – Fund Accounting assists in overseeing the investment fund and special purpose vehicle accounting as performed by the fund administrators, including NAV calculation, investor allocations, and financial reporting (US GAAP). This role requires a thorough understanding of the asset management industry, fund accounting intricacies which are unique to the industry and a soft skill set to mentor junior team members. Responsibilities: • Review and approve month-end Fund and special purpose vehicle (SPV) NAV reporting from third-party administrator;, • Review and approve Fund investor allocations, contribution and withdrawal activity, management and incentive fee calculations, and investor capital statements from third-party administrator;, • Assist with the annual financial statement audits for Funds and SPVs, including managing auditor requests and review of US GAAP financial statements prepared by the third-party administrator;, • Assist in internal and external audit confirmation responses;, • Assist the tax function with review of K-1s and other tax reporting;, • Perform initial review of wire payments, • Provide administrative support for new account openings and Fund/SPV launches;, • Preparation of various ad-hoc requests from investor relations and the investment teams;, • Preparation of key inputs into compliance system for Form PF and AIFMD Reporting;, • Identify and implement process improvements across the accounting function, including enhancing the use of technology and streamlining existing processes;, • Participate in the execution of ad hoc projects to support the accounting function;, • Train, coach, and mentor Analysts and Associates;, • Oversee daily tasks of offshore resource(s), providing training and coaching as required., • Perform other tasks as required. Qualifications: • Bachelor’s degree required, • 3-6+ years of professional public and/or private experience in the asset management industry, • Experience at Big 4 or national CPA firm preferred, • CPA preferred, • Proficiency in Excel required, • Familiarity with data processing and analytical tools