This role is responsible for delivering high-quality financial and investor reporting across a range of alternative investment structures, including hedge funds, private equity funds, and CLOs. The position involves oversight of NAV production, capital activity, complex fee calculations, and financial statement preparation, while ensuring compliance with applicable accounting standards and regulatory requirements. The role will collaborate closely with internal teams, clients, and auditors to support accurate and timely deliverables.
Key Responsibilities- Oversee accounting, administration, and financial and regulatory reporting for hedge funds, private equity funds, CLOs, and other complex vehicles
- Review NAV packages, investor allocations and financial deliverables for accuracy, completeness, and timeliness
- Prepare and review quarterly and annual financial statements, including balance sheet, income statement, cash flows, and partner capital statements
- Prepare and review statements of changes in partners'/shareholders' capital, including subscriptions, redemptions, allocations, and equalization impacts
- Ensure compliance with GAAP/IFRS and applicable regulatory and disclosure requirements
- Draft and review footnote disclosures, including investment valuation, fair value hierarchy (ASC 820), and risk disclosures
- Coordinate audit support, including preparation of PBC (provided-by-client) schedules and responding to auditor queries
- Support tax reporting processes, including review of capital account statements and coordination of K-1 inputs
- Analyze financial results and variances, including P&L trends, expense allocations, and performance drivers
- Establish and document accounting treatment for complex structures (e.g., illiquid assets, structured products, bespoke investments)
- Oversee complex calculations, including management/incentive fees, carried interest, waterfalls, and expense allocations
- Perform and review reconciliations (cash, positions, P&L); investigate and resolve breaks to ensure data integrity
- Analyze qualitative and quantitative data to identify risks, exceptions, and control gaps; implement corrective actions
- Drive process efficiency through standardization, automation, and strengthened controls
Basic Qualifications- Bachelor's Degree in Accounting, Finance, or a related business field.
- 3 to 8 years of relevant experience, ideally within portfolio or partnership accounting, finance, or investment operations.
Preferred Skills & Experience:- Experience working for a private equity fund manager, alternative investment firm, fund administrator, audit firm, or other financial institution with relevant exposure.
- Strong fund accounting knowledge, including NAV calculations, investor allocations, capital activity, and financial statement preparation.
- Familiarity with GAAP/IFRS reporting, including audit support and financial statement disclosures (e.g., ASC 820 / fair value).
- Experience with complex calculations such as management fees, carried interest, waterfalls, and expense allocations.
- Strong analytical and problem-solving skills, including the ability to reconcile data, investigate variances, and resolve issues independently.
- Excellent verbal, written, and interpersonal communication skills.
- Proficiency in Microsoft Office and comfort navigating multiple software applications.
Expectations Regarding Hybrid Working:As we are a Service Provider and Consulting firm servicing clients, our policy on physically working from the office (which may be the client's offices or our own offices depending on the client) aligns to what our client's policies and expectations are and these vary. Most of our clients now require a minimum of 3 days per week in the office, 2 days from home, and accordingly, this is also the minimum expectation that Delta Capita requires. However, some of our clients have now moved up to 4 or even 5 days in the office and we require candidates to be flexible to meet our clients' demands.
Salary Range: Associate: $75,000 - $95,000AVP: $100,000 - $120,000
