The Manager, Fund Team is responsible for overseeing the day-to-day operations of client Funds and communicate directly with the General Partners of the Funds. This position will require regular interaction with clients, team members and management. This position requires a mastery of complex private equity accounting skills, the ability to oversee the complete financial reporting and capital call/distribution process and direct oversight of Staff Accountant I, II (Fund), Senior Accountant I, II (Fund), Associate Manager team members. This position serves as a resource to members of the team, in addition to Senior Management, providing guidance, training and additional support as needed.
Responsibilities- Oversee the preparation and distribution of quarterly financial statements to the Limited Partners to report information regarding the performance of the Fund;
- Oversee the preparation of schedules to support the general ledger balances reported in the financial statements;
- Calculate, prepare, and distribute capital call notices to the Limited Partners to notify them when contributions are due;
- Understand and interpret terms set forth within the Limited Partnership Agreement;
- Calculate and review complex waterfall structures;
- Complete required regulatory forms to ensure the Fund complies with specific regulation requirements;
- Calculate and distribute proceeds to Limited Partners to return capital owed to them;
- Communicate directly with the General Partners and respond promptly to their requests to provide them with the information they require;
- Review investment packages to confirm the securities purchased are wired to the correct beneficiary and are for the appropriate amounts;
- Calculate management fees owed to the Management Company for the investment and portfolio management services they provide to the Fund;
- Interact with auditors and provide them with reports/support to assist them during the audit;
- Complete audit confirmations to satisfy procedures performed for the audits of the Limited Partners;
- Ability to multi-task between different tasks, client deliverables and internal demands throughout the day;
- Provide supervision, guidance and coaching to the team, including regular training support as needed;
- Conduct ongoing team trainings while providing input as to the continued training opportunities at a global-company level;
- Provide daily leadership across the team and the organization.
- Additional duties as assigned by Senior Management.
Requirements- 5 - 7+ years' supervisory experience in the following: performance management (including coaching, progressive discipline, performance review delivery etc.), training, talent acquisition and retention;
- 5 - 7+ years' (relevant) experience in Accounting or related field;
- Minimum of a Bachelor's Degree in Accounting or related field;
- Advanced degree (MBA or MSA) in Accounting or related field strongly preferred;
- Certified Public Accountant (CPA) license is strongly preferred;
- Experience in forecasting and budgeting during an accelerated growth period;
- Proficient in Microsoft Office Suite with knowledge of Investran or other partnership accounting software a plus;
- Ability to multitask, time management, attention to detail, planning and problem-solving skills required;
- Ability to communicate and interact professionally and effectively through written and oral communication with current and potential clients and;
- Ability to work in a fast-paced environment and handle/manage multiple team and individual priorities and deadlines.
