Associate Accounting Manager - Fund Accounting

Confidential Company  •  Clifton Park, NY

Less than 5 years experience  •  Financial Services

Salary depends on experience
Posted on 03/16/18
Confidential Company
Clifton Park, NY
Less than 5 years experience
Financial Services
Salary depends on experience
Posted on 03/16/18

 The Associate Manager oversees daily team activities and assists in supervising staff to ensure the work is properly allocated and completed in a timely and accurate manner. The Associate Manager position will require regular direct interaction with clients and team members.

Responsibilities

  • Assist in the preparation and distribution of quarterly financial statements to the Limited Partners to report information regarding the performance of the Fund.
  • Oversee in the preparation of schedules to support the general ledger balances reported in the Financial Statements.
  • Oversee and review in the calculation, preparation and distribution of capital call notices to the Limited Partners to notify them when contributions are due.
  • Complete required regulatory forms to ensure the Fund complies with specific regulation requirements.
  • Oversee the calculation and distribution of proceeds to Limited Partners to return capital owed to them
  • Communicate directly with the General Partners and respond promptly to their requests to provide them with the information they require
  • Review and approve bank reconciliations to verify reasonableness of transactions and to confirm all transactions have been accounted
  • Review and approve weekly cash to determine the reasonableness of transactions and accuracy of journal entries
  • Review investment packages to confirm the securities purchased are wired to the correct beneficiary and are for the appropriate amounts
  • Interact with auditors and provide them with reports/support to assist them during the audit
  • Complete audit confirmations to satisfy procedures performed for the audits of the Limited Partners
  • Oversee associates and provide them with projects to educate them in the field of Private Equity
  • Assist with team training as required for new and existing associates
  • Assist in leading applicable team meetings in order to provide guidance and support to associates
  • Assist in team coaching, hiring, performance evaluations, budgeting and progressive discipline as applicable/required
  • Other duties as assigned

Qualifications

  • Minimum of Bachelor?s Degree in Accounting, Finance or Business Administration, Master?s Degreepreferred
  • Certified Public Accountantpreferred
  • 3+ years?experience in the PE industry or similar experience
  • Strong interpersonal and verbal & written communication
  • Strong communication, leadership, analytical and managerial skills
  • Ability to work under pressure in a fast-paced environment

Job Type: Full-time

Requiredexperience:

  • Private Equity: 3years

Requirededucation:

  • Bachelor's

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