Senior & Manager Accountant

Atlas Energy Group, LLC   •  

New York, NY

Industry: Accounting, Finance & Insurance

  •  

5 - 7 years

Posted 51 days ago

Job Description

Principal Duties

· Preparing/reviewing monthly account closing procedures and ensuring compliance with established accounting procedures and controls

· Ensuring all fund expenses are accrued timely and in accordance with GAAP

· Performing monthly master-feeder accounting allocations

· Preparing/reviewing investor allocations

· Preparing/reviewing accounting journal entries related to standard accruals, management and incentive fees (calculated in accordance with fund documents), deferred compensation payables, derivative contract financing and broker financing

· Ensuring monthly valuations are reviewed and approved prior to distribution to clients and reviewed and approved by clients prior to distribution to investors

· Reviewing key legal fund offering documents and identifying possible accounting or administrative implementation issues

· Assisting client conversion teams with new client set up and accounting conversion implementation

· Identifying and implementing solutions to problems (accounting, operations, investor service)

· Leveraging firm resources as appropriate to strengthen control environment:

· Prepare/review position and cash reconciliations between clients and their custodians

· Coordinating year-end audit with client and independent auditors

· Preparing/reviewing draft annual financial statements

Requirements

· Bachelor's degree

· 5-15 years of experience

· Extensive knowledge of hedge fund investor, accounting concepts including:

· Accounting for complex management and incentive fee terms (hurdle rates)

· Offshore fee deferrals

· Side-pocket accounting

· Strong knowledge of US generally accepted accounting principles (GAAP)

· Experience in GAAPfinancial statement preparation, including strong understanding of hedge fund structures (master-feeder, mini-master, fund-of-funds)

· Strong team and interpersonal skills

· Strong communication, accounting, industry and relationship management skills Skills Desired

· CPA is preferred

· Hedge Fundexperience is a must

· Sarbanes-Oxley 404 related experience or experience in SSAE 16 preparation a plus

· Tax knowledge and experience in tax return preparation