The Senior Investment Accountant ensures that investment accounting policies and procedures are correctly applied to financial transactions. Under minimal supervision, this job works directly with asset management, portfolio management and external fund administrators. This job reviews periodic NAV packs, fund and LP accounting analytics, and financial statements, and PCAP’s to ensure accurate financial information.
Key Responsibilities and Duties
- Prepares timely and accurate GAAP work papers and supporting schedules to satisfy all investment accounting requirements (investments, financing, accruals, management fees, financial performance).
- Supports investor capital events including fund calls, subscriptions, distributions, and redemptions. Works on both open and closed-end funds.
- Responds to frequent ad hoc financial inquiries including confirmations or by providing management insight into the activities of the portfolio.
- Calculates unlevered and levered, gross and net portfolio performance returns and internal rates of return.
- Provides guidance to junior Investment Accountants regarding issues that require more advanced knowledge and experience.
- Supports the annual financial statement audit process as well as periodic internal controls reviews.
Educational Requirements
- University (Degree) Preferred
Work Experience
- 3+ Years Required; 5+ Years Preferred
Physical Requirements
- Physical Requirements: Sedentary Work
Career Level
7IC
REQUIRED EXPERIENCE:
- 3 years of GAAP accounting experience required
PREFERRED EXPERIENCE:
- 5 years of GAAP accounting experience preferred
- Financial Statement Experience
- 1+ years of investment portfolio accounting
- BS/BA degree in Accounting or Finance
- Certified Public Accountant (CPA)
- Public Accounting Experience
- Knowledge of GAAP and IFRS, including experience in investment company/entity accounting
- Experience with Global Investment Performance Standards
- Experience interacting with internal and external auditors
- Ability to identify areas of improvement and implement necessary enhancements
ADDITIONAL RESPONSIBILITIES:
- Performs the monthly accounting close processes for unregistered funds and separate accounts with investments in real assets and investment securities.
- Calculates accruals, estimates, and management fees. Reviews wire payments for expenses and reimbursements.
- Computes portfolio performance, related fees and allocations.
- Communicates with custodians and administrators; analyzing and resolving issues.
- Compiles financial statements and disclosures in conformance with GAAP, IFRS, and Investment Company accounting and reporting guidance.
Related Skills
Accountability, Accounting Standards, Business Acumen, Client Relationship Management, Collaboration, Communication, Compliance, Data-Driven Business Intelligence, Due Diligence, Executive Presence, Financial Acumen, Financial Modeling, Financial Risk Management, Financial Statements, Fund Accounting, Market/Industry Dynamics, Stakeholder Engagement, Story Telling
Anticipated Posting End Date:
2026-10-14
Base Pay Range: $79,200/yr - $104,000/yr
Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).
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