Position Summary
The position will be a part of the Fund Accounting Team and will have varied responsibilities, including but not limited to, managing daily transactions of our limited partnership vehicles, financial statements and compliance reporting, quarterly investor (and ad hoc) reporting, internal reporting, spreadsheet modeling and analysis, and special projects as needed.
Responsibilities
The position will play an integral role in the financial accounting and reporting of the firm's investment partnerships. Responsibilities include:
- Daily general ledger accounting duties, such as booking of transactions, accruals, and other journal entries
- Coordination with the fund's third-party administrators (TPAs), reviewing and validating NAV calculations, capital account statements, investor allocations, and other administrator-prepared deliverables for accuracy and completeness
- Reconciliation assistance with the period-end close
- Support cash management activities, including cash flow planning and bank reconciliations
- Assistance with capital call and distribution process, including investor notices and recording of the transactions
- Process, review and allocation of invoices for payments to vendors
- Tracking sales of investments and allocating proceeds and gains based on each partners ownership percentage
- Assisting the team with preparation of investor reporting and annual audits, as well as internal and external compliance reporting
Qualifications
- Prior exposure to auditing and accounting/reporting functions
- 2-4 years of public or private accounting experience preferred (CPA, or working towards CPA required)
- Prior experience in private equity required
- Experience working directly with third-party fund administrators, including reviewing and reconciling administrator-prepared NAVs and investor statements
- Ability to plan, organize, and prioritize multiple tasks while responding to requests for information
- Strong written and oral communication skills, including giving presentations
- Strong analytical capability and attention to detail
- Significant proficiency in Microsoft Excel including links, reference formulas/lookups, and pivot tables (Macro skills a plus)
- PowerBI, Alteryx, or other data analytic software knowledge a plus
- Experience with Investran and/or Geneva a plus
- Team player willing to assist others when asked
General Atlantic offers a robust reward program to all employees that will support you and your family, maintaining fulfilling, secure and healthy lives now and into the future, which includes but is not limited to medical insurance, retirement savings contributions, mental and physical health resources and an equal pay program that allows you to earn a base salary of $100,000 - 140,000 of which the exact amount offered will be driven by the degree to which you meet role requirements, additional special skills and experience. Additional reward programs, such as annual discretionary bonuses and long-term incentive programs, are available for eligible employees and are offered as recognition for performance and one's contributions towards the organization's success.
