Fund Accounting Associate

Our client, a leading institutional investor in the global energy and infrastructure sectors, is looking to add to its fund accounting team. This role is responsible for portfolio administration, financial reporting, fund accounting and oversight of funds as well as related special projects.

RESPONSIBILITES:

Coordinate and track fund-level leverage utilization

Analyze and interpret deal documentation for accounting and financial reporting purposes, including accurate application of distribution waterfall, to calculate incentive allocations and performance returns

Prepare transaction memoranda documenting divestures, restructuring, loan prepayments, make whole computation, restructuring and other analysis, which will be communicated to management, investors and back office accounting service providers

Coordinate the settlement and documentation review of loan originations with counterparties, agent banks, counsels and loan servicing providers

Assist in the analysis and interpretation of deal documentation for accounting and financial reporting purposes, including accurate computation of management fees and application of distribution waterfall, to calculate incentive allocations and performance returns

Provide detailed assistance in the preparation of monthly, quarterly and annual close packages for a number of managed funds, including blocker entities and master/feeder funds

Reconcile and track monthly investment activity, expense budget, accruals, management fees and carried interest calculations, etc...

Oversee the monthly, quarterly and annual financial reporting process in conjunction with back office service providers, including drafting of footnote disclosures in accordance with Investment

Company Guide accounting

Assist tax department in preparation of fund and investor tax returns as well as the calculation of deferred and current entity level tax provisions

Prepare audit PBCs, confirmations and manage external auditor requests

Prepare accounting position/technical research papers

Work closely with outsourced back office function and custody service providers daily

Work closely with the compliance department to support issuance of regulatory reports/filings

Assist the capital development team and investor relations in meeting client service needs

Calculate fund and portfolio level performance metrics and prepare monthly performance flash reports

Provide support to the Accounting and Finance team in identifying, documenting and updating the group's system of internal controls processes and procedures

Provide on-going ad-hoc assistance to senior management in the preparation of financial analyses and reports used for a variety of purposes including, but not limited to investor and potential investor presentations and portfolio related mattersQUALIFICATIONS:

Bachelor's degree (BA or BS) in Business, Finance, Accounting or Economics; CPA license or equivalent is a plus

4-7 years of investment analysis/accounting experience; BIG 4 public accounting experience and fund accounting experience is a plus

Demonstrated knowledge of GAAP as it relates to the asset management industry (IFRS knowledge is a plus)

Demonstrated ability to manage financial reporting as it relates to a portfolio of loans/originated loans is preferable

Demonstration of strong mathematical, analytical, and problem-solving skills

Excellent verbal, written and interpersonal communication skills, including relationship management

Demonstrated organizational and time management skills

Demonstrated ability to work independently, with little supervision in a fast-paced environment

Demonstrated ability to meet established deadlines

Demonstrated flexibility to accommodate changing priorities

Demonstrated understanding, knowledge of, and experience reading and interpreting contracts is a plus

Demonstrated understanding of investment products, alternative investments and securities operations is a plus

Demonstrated proficiency with Microsoft Office, including specific expertise with Word and ExcelCompensation depends on experience and education: $115,000 - $125,000