Job Description
One of our well-established clients is seeking a Private Equity Fund Accountant to join their team in Boca Raton, FL.
In this key client serving role with corporate clients this person will perform a variety of fund accounting functions serving fund and asset management clients.
Job Responsibilities:
- Performs cash and portfolio reconciliations on complex structures including government receivables and factoring arrangements
- Generates shareholder allocation, and incentive and management fee calculations
- Prepares budget for each fund
- Processes capital call and distributions to investors
- Review month-end close packages from the administrator along with preparing and overseeing the completion of internal allocations and expense accruals
- Participate in month end valuation process
- Analyze investment documents and properly set up investment structures
- Reviews reporting and information to clients and investors and ensures accuracy
- Monitors clients cash receipts and application to investments
- Records journal entries in QuickBooks
- Generates income and expense accruals
- Processes funding of new investments
- Processes disbursements for clients Reporting
- Prepares asset tracking and net asset value calculations
- Prepares monthly, quarterly, and annual client financial statements
- Investor and operations reporting
- Client income distribution and funding operations
- Hedge fund management reporting
Qualifications
- Bachelor's Degree in Accounting or Finance; CPA preferred
- Minimum 5+ years' of private equity fund accounting experience working at a Private Equity Fund Manager, Alternative Investment Manager, Fund Administrator and/or other financial institutions with relevant knowledge and experience
- Ability to identify and resolve/escalate complex problems
- Familiarity with specialty finance and Level 3 assets
- 2+ years factoring facility experience a plus
- Proficiency with QuickBooks and Advanced MS-Excel skills (Pivot Tables, Data Tables, VLOOKUP, SUMIF, IF/THEN)
Ascendo is a certified minority owned staffing firm, and we welcome and celebrate diversity.
Ascendo is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, parental status, military service or any other characteristic protected by federal, state or local law.
Ascendo is a certified minority owned staffing firm, and we welcome and celebrate diversity. Ascendo is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, parental status, military service or any other characteristic protected by federal, state or local law.
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