Senior Fund Accounting Associate – Institutional

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

📋 Description

• Oversee the daily accounting and administrative functions for a range of private investment funds, which may include venture capital, private equity, and other fund strategies.

• Prepare and review quarterly and annual financial statements in compliance with U.S. GAAP and other relevant accounting standards.

• Calculate and assess net asset values (NAVs), capital account statements, management fees, carried interest distributions, and investor allocations.

• Manage and execute capital calls, distributions, investor transfers, and other fund transactions, ensuring precision and prompt execution.

• Reconcile cash, investments, bank accounts, and other balance sheet accounts while identifying and resolving discrepancies.

• Collaborate with auditors, tax professionals, and fund managers to facilitate annual audits, tax reporting, and meet regulatory compliance requirements.

• Develop and sustain robust relationships with clients by addressing inquiries, providing outstanding service, and clearly communicating complex accounting issues in a professional manner.

• Evaluate existing processes and consider whether AI and automation could enhance their efficiency.

⛳️ Requirements

• A minimum of 3 years of proven operational excellence in the financial industry, including experience in Fund Administration and Public Accounting, backed by an excellent academic record and a CPA license (strongly preferred).

• Strong grasp of investment company accounting (ASC 946), capital activities, management fees, carried interest, and investor allocations.

• Experience in preparing financial statements in accordance with U.S. GAAP and assisting with annual audits.

• Proficient in fund accounting systems and Microsoft Excel, including advanced spreadsheet functions for data analysis and reconciliations.

• Outstanding analytical and problem-solving abilities, demonstrating a high level of accuracy and attention to detail.

• Established capability to manage multiple client relationships, prioritize conflicting deadlines, and consistently produce high-quality work in a dynamic environment.

• Excellent verbal and written communication skills, with the ability to foster trusted relationships with clients, auditors, and internal stakeholders.

• Experience in reviewing the work of and mentoring offshore team members while contributing to a collaborative, high-performing team culture.

• A proactive mindset focused on continuous improvement, with the ability to identify process enhancements, adopt new technologies, and adjust to evolving client and business requirements.

• A natural inclination to question established processes and leverage AI and automation for creating better solutions.

🏝️ Benefits

• See additional details on our benefits here