Full Job Description
Responsibilities
The Manager will be responsible for maintaining revenue and profitability models for the funds; including tracking actuals vs. forecast, and will serve as the primary data and analytics resource within ABF fund finance team, helping to advance data platform priorities including borrowing base automation, liquidity forecasting, cost transparency reporting, and similar initiatives. The incumbent will also participate in monthly and quarterly close activities, cash management, and related fund operations activities.
Responsibilities will include:
Reporting & Analysis
• Cash management and forecasting, NAV and subscription-line oversight, and borrowing base reporting to lenders;
• Oversee detailed cost transparency reporting on the funds, providing ability to drill down into significant cost drivers;
• Borrowing base modeling;
• Oversee responses to lender diligence questions related to recurring reporting and any potential refinancings;
• Participate in quarterly reporting close and provision of related deliverables to corporate finance team;
• Collaborate with tax team on lower-tier books and records and year-end tax reporting cycle;
• Collaborate with operations teams on private deal life-cycle bookings and related controls;
• Preparation and/or review of complex management fee and waterfall calculations;
• Recording and reconciliation of cash, investments and other balance sheet accounts;
• Estimating and posting of accruals;
• Preparation and/or review of allocations of income and expense allocations to each partner, including updating of distribution waterfall based on the terms of the governing documents;
• Determining and preparing distributions and drawdowns;
• Preparation of monthly, quarterly, and annual financial reports;
• Analyzing and calculating performance metrics for partnerships/accounts as well as for each investment;
• Coordinating with funds' independent auditors, custodians, prime brokers and fund administrators; and
• Performing other tasks as required.
Technology Enablement
• Utilize Python, SQL and/or data visualization tools (e.g., Power BI) to manage and manipulate large data sets, and create standardized reports or dashboards; and
• Lead the implementation of process changes and automated reports to generate timely and actionable information on investment and fund KPIs.
Qualifications
• Minimum 5-7 years relevant accounting or audit experience within Big Four public accounting or a mix of public accounting and investment management industry experience;
• Demonstrated data science acumen including through practical application in asset management or banking industry;
• Experience utilizing Python, SQL and/or data visualization tools (e.g., Power BI);
• Deep knowledge of alternative investments broadly;
• Strong knowledge of reconciliation and account analysis;
• Excellent understanding of accounting and the ability to apply relevant investment company accounting rules;
• Solid analytical skills and ability to understand and resolve complex problems;
• Experience with Geneva and/or Geneva World Investor accounting systems is a plus; and
• Proficiency in Microsoft Excel, Word and PowerPoint.
Personal Attributes
• Relationship Building; works effectively with strong, diverse teams of people with multiple perspectives, talents, and backgrounds. Ability to elicit cooperation from and gain the confidence of a wide variety of participants including other departments and third-party service providers.
• Communication; excellent interpersonal and verbal/written communication skills.
• Independence & Collaboration; proficient at working both independently and in a team-oriented, collaborative environment; able to drive work effectively with limited supervision (at times) with high attention-to-detail.
• Flexibility & Organization; adapt to shifting priorities, demands and timelines through analytical and problem-solving capabilities; proven ability to multi-task and efficiently manage time across competing demands; able to effectively prioritize, execute tasks, and thrive in a high-pressure, fast-paced environment.
• Driving Results; drives issues to closure; is a self-starter committed to achieving results and has a strong sense of ownership and follow-through.
Education
Bachelor's degree is required. CPA or equivalent designation is a plus.
Base Salary Range
$110,000 - $155,000
In addition to a competitive base salary, you will be eligible to receive discretionary bonus incentives, a comprehensive benefits package and a flexible work arrangement. The base salary offered will be commensurate with experience and/or qualifications, industry knowledge and expertise, as well as prior training and education.
