Associate, GP Fund Accounting

Apollo

$110K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-5 years experience in public accounting and private accounting preferred
  • Undergraduate accounting degree with strong academic background
  • Expertise in U.S. GAAP and technical accounting; CPA is a plus
  • Experience in General Partner Accounting is an advantage
  • Proficiency in Excel and strong client-service skills
  • Excellent verbal and written communication skills
  • Strong organizational and multitasking capabilities
  • Diligent team player with high ethical standards
  • Ability to work under pressure with attention to detail
  • Familiarity with Investran and Salesforce is advantageous

Responsibilities

  • Support the development and launch of new carry and incentive plans
  • Prepare and maintain full accounting records in Investran with analytical reviews
  • Handle capital calls and distributions for co-invest and carried interest entities
  • Collaborate with various teams for reporting and ad hoc requests
  • Liaise with external auditors for fund audits
  • Coordinate closely with Employee Investor Services for onboarding carry plans
  • Participate in initiatives to streamline and automate processes

Benefits

  • Discretionary annual bonus based on performance
  • Involvement in diverse projects across multiple funds
  • Opportunities for collaboration with various departments
  • Supportive team environment that values creativity and proactivity
  • Potential for professional growth within a leading private equity firm
Full Job Description

Position Overview

The Associate will be part of the Carry-Coinvest Controller team that supports both self and third party -administered employee co-invest funds and carried interest entities across all Apollo Private Equity and Credit funds. This is a varied role and key to the successful finance support function to the businesses, as Apollo continues to launch new funds across their various platforms. The person should be enthusiastic, hard-working, self-starter and willing to take on challenges.

This role involves working closely with several departments within Apollo including various Fund Controller teams, human capital, legal, and tax to ensure the preparation of accurate and timely information.The role sits within the Global Business Finance team and it is expected that the individual will form good relationships with the Corporate and Fund Controller teams in order to facilitate the support of accurate reporting to Apollo.

Primary Responsibilities

  • Critical team member in supporting the origination, development, and launch of new carry/incentive plans and other compensation related projects.

  • Preparation and Maintenance of full accounting records in Investran, including analytical reviews and monthly/quarterly reporting

  • Preparation of capital calls and distributions for co-invest and carried interest entities

  • Collaborate with multiple teams (AGM, tax, compliance, analytics, and compensation) for monthly and quarterly reporting and ad hoc requests including requests from carry and co-invest participants

  • Liaison with external auditors with regards to statutory fund audits

  • Close coordination with Employee Investor Services for onboarding of Carry Plans, Employee Co-investment opportunities and Employee Loan Program

  • Participate in group initiatives to streamline, automate and simplify current processes to create efficiencies

Qualifications & Experience

  • Minimum 3-5 years of experience (mix of public accounting & and private preferred)

  • Undergraduate accounting degree with exceptional academic credentials.

  • Strong U.S. GAAP and technical accounting expertise (CPA or equivalent is a plus)

  • General Partner Accounting experience a plus

  • Highly skilled with Excel

  • Client-serving individual who exhibits strong interpersonal, verbal and written skills

  • Individual must be diligent and work well in a team environment

  • Strong organizational skills including the ability to manage multiple tasks simultaneously

  • Proactive, forward thinking, creative individual with high ethical standards

  • Ability to work under pressure and adhere to deadlines with great attention to detail

  • Experience with Investran and Salesforce is a plus

Pay Range

$110,000 6 $130,000

The contents of the qualifications and experience section of this job description are a guideline only. If an applicant can otherwise demonstrate their suitability for the role they will be considered.

The base salary range for this position is listed above. This position is also eligible for a discretionary annual bonus based on personal, team, and Firm performance.Compensation ranges are based on several factors including job function, level, and geographic location. Final offer amounts are determined by multiple factors including candidate experience and expertise, and may vary from the amounts listed here.

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