Associate Director - Private Equity Fund Accountant


San Francisco, CA

Industry: Financial Services


5 - 7 years

Posted 368 days ago

  by    Michelle Morici

New York City based Private Equity Fund Administration Firm is looking for an Associate Director/ Assistant Vice President to manage Private Equity funds.

Must have private equity fund accounting experience.

The location of the position is San Francisco.

Primary responsibilities will include:

·    Work closely with the Director/ Managing Director managing daily Fund Operations

·    Manage the operations and accounting of an existing fund independently

·    Ability to interface and manage a client/ business with limited guidance

·    Demonstrate strong knowledge of accounting, specifically with respect to alternative investment funds, with a focus on private equity limited partnerships

·    Familiar with LPA and other Governing documents. Able to extract key economics, compile, and document a thorough Summary with limited guidance

·    Able to supervise staff if required by client and team

·    Oversee and provide guidance on the initial set up of the Clients Funds deliverables (capital calls, distributions, financial statements, waterfalls, IRRs) and perform thorough, in-depth review and sign off prior to Director/Managing Director review

·    Perform multiple levels of review/analyses of Financial Reports/Capital Events and Private Equity Complex Transactions (depends on client and team)

Job Requirements, Skills, Education and Experience:

·    Bachelor’s degree in Accounting – Public/Private CPAPreferred

·    4+ years of relevant Private Equity Fund/Investment Company Accounting & Reporting experience

·    Ability to learn on-the-job quickly, apply learning to clients and recommend solutions to issues

·    Ability to quickly adapt to changes in processes and procedures in a rapidly changing environment

·    Sound knowledge of Investment Company Accounting (ASC 946), Economics (Waterfalls and Allocations), Fund Structure (Corporate, Partnership, Tax Blockers, etc. within an Organization Chart) / Investor Classifications

·    Sufficient knowledge and hands on experience with governing documents, such as LPAs, Mgmt. Advisory Agreements, Side Letters, Separate Fee agreements, etc.

·    Hands on experience accounting/audit of private equity funds (including blockers, Parallel, SPV, AIV, Co-Investment Vehicles) management companies, and other related vehicles

·    Excellent verbal, written and interpersonal communication skills.

·    Strong attention to detail and accuracy

·    Superior problem solving, judgment and decision making skills

·    Ability to think independently, prioritize, multi-task and meet deadlines.

·    Extensive Microsoft suite skills - Excel (pivots), Word, PowerPoint and Outlook

$100K - $140K