Associate II, Fund Administration – Accounting

This is a fully remote position, open to applicants in California.

📋 Description

• Participate in the decision-making process concerning team operational policies and procedures.

• Assist in outlining fund administration workflows, implementing best practices and enhancing process efficiencies.

• Aid in training team members on procedures and overseeing client deliverables.

• Engage directly with clients to ensure an exceptional client experience.

• Execute accounting, analytical, and financial reporting tasks; guarantee timely and precise preparation of client and investor reports.

• Calculate waterfalls, capital calls, and distributions in alignment with clients’ Limited Partnership Agreements as necessary.

• Generate asset- and fund-level performance metrics (IRRs, TVPI, etc.).

• Assist in the preparation, compilation, and verification of external client and regulatory reports.

• Prepare financial data for stockholder/investor reports.

• Support annual audits, including drafting the initial version of the annual audit report and related schedules.

⛳️ Requirements

• Over 1 year of fund accounting experience in fund administration and/or in-house with exposure to Private Equity (open-ended and/or closed-ended), Private Debt, and/or Real Estate funds.

• A Bachelor’s degree in Accounting or a related field is required.

• Experience with Investran is preferred.

• A solid understanding of accounting principles and procedures for private investment funds, including fund-level accounting and reporting experience.

• Familiarity with waterfall calculations, performance metrics (IRRs), distributions, and capital calls.

• A strong interest in technology and a commitment to leveraging technology to enhance business operations.

• Strong analytical skills are necessary for reviewing, investigating, and resolving accounting and financial issues.

• Exceptional interpersonal and client service abilities, along with strong verbal and written communication skills.

🏝️ Benefits

• Health, dental, and vision insurance for you and your family.

• Life insurance and disability coverage.

• Mental wellness benefits.

• Support for fertility and growing family needs.

• Flex Time Off in addition to company-paid holidays.

• Paid family leave, medical leave, and bereavement leave policies.

• 401k retirement savings plan.

• Healthcare Flexible Spending Account (FSA) and commuter benefits programs.

• An allowance to personalize your work and technology setup at home.

• Annual stipend for professional development.