PE Fund Accounting Manager

Manager – Private Equity Funds: The vice president will be responsible for a broad spectrum of financial and accounting matters affecting our Private Equity clients. Vice presidents should have a strong background in accounting for alternative investment funds, with a focus on private equity, proven client management skills, and the ability to manage and lead a team in monitoring client deliverables and meeting deadlines. Additionally, the vice president is responsible for exercising sound judgment regarding the proper application of accounting principles to complex transactions.

• Manage multiple fund relationships, including scheduling and meeting all client deliverables

• Maintain/manage client expectations and coordinate deliverables timelines with staff

• Demonstrate strong knowledge of accounting, specifically with respect to alternative investment funds, with a focus on private equity funds

• Participate in new business discussions with prospects and existing clients

• Prepare and maintain goals and career development plans for all direct reports

• Prepare semiannual performance appraisals and discussions for all direct reports

• Provide guidance and direction to staff on all technical and client-service-related topics

• Review fund governing documents, offering documents, subscription documents, side letters, and investment management agreements, in order to ensure proper application of fund terms

• Review all transaction documentation and supporting files, and understand the features of the investment transactions, accruals, etc.

• Review work paper files for accuracy and completeness, including capital activity, investment activity, income and expense accruals, valuation adjustments, etc.

• Review management fee calculations, including offsetable amounts, management fee waiver contributions, etc.

• Review investor allocations and capital account statements

• Review capital call and distribution calculations, sources/uses of cash, allocations, and investor notices

• Create, maintain, and/or review distribution waterfall (carried interest) models, in keeping with the applicable fund terms

• Prepare and/or review financial statements, notes disclosures, and supporting schedules

• Develop/maintain robust review procedures around deliverables

• Manage the year-end audit process, in collaboration with the client and auditors

• Where applicable, support the tax team with information to prepare tax compliance/reports

• Help develop and support targeted, continuing education for all direct reports

• Support corporate goals and business/departmental initiatives