Bachelor's degree in Accounting, Economics, or Finance
7+ years of Private Equity Fund/Investment Company Accounting & Reporting experience
Management and supervisory experience
Excellent verbal, written, and interpersonal communication skills
Strong attention to detail and accuracy
Extensive Microsoft Office skills, particularly Excel
Ability to adapt quickly to changes in a fast-paced environment
Responsibilities
Manage daily Fund Operations in collaboration with the Director/Managing Director
Independently oversee operations and accounting of an existing fund
Interface with clients and manage business with minimal guidance
Extract key economics from governing documents and compile thorough summaries
Supervise and direct a small accounting staff as needed
Guide the setup of Client Funds deliverables and perform in-depth reviews
Conduct multiple levels of review and analysis of Financial Reports and Private Equity transactions
Benefits
Comprehensive benefits package
Discretionary bonus
Hybrid work schedule (3 days in-office, 2 days remote)
Full Job Description
Your leadership will be critical in maintaining Gen II's standard of technical excellence, client service, and operational integrity.
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
Familiar with LPA and other Governing Able to extract key economics, compile, and document a thorough summary with limited guidance
Able to supervise, manage, and direct a small accounting staff, if required
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, Economics and/or Finance
7+ 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
Management and supervisory experience
Excellent verbal, written and interpersonal communication
Strong attention to detail and accuracy
Superior problem solving, judgment and decision-making skills
Ability to think independently, prioritize, multi-task and meet
Extensive Microsoft suite skills - Excel (pivots), Word, PowerPoint, and Outlook
Preferred Experience:
CPA
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
Sound knowledge of types of Reporting for Investment Funds / Investment Companies and Investors in US GAAP (ASC 946) and IFRS Ability to Prepare and review
Sufficient knowledge and hands on experience with governing documents, such as LPAs, 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
The salary range for this position is $90,000-$170,000 in addition to a discretionary bonus and comprehensive benefits package. Please note that the actual salary offered within that range will depend on the candidate's experience level.
Work Arrangement
All applicants applying to Gen II Fund Services, LLC must be legally authorized to work in the United States. Please note that all US employees are required to work a hybrid schedule, comprised of three (3) days a week in our office and two (2) day remotely..
