DANIEL PETRONE

*** **** **** ******, *** *B • New York, NY 10028

585-***-**** • add01f@r.postjobfree.com

PROFESSIONAL EXPERIENCE

The Leona M. and Harry B. Helmsley Charitable Trust, New York, NY August 2016 – March 2020 Investment Accountant

• Responsible for accounting and tax related functions for the investment portfolio of a private foundation with $6B in AUM.

• Oversee financial reporting and operations for investment asset classes including: Private Equity, Private Debt, Hedge Funds, Separate Managed Accounts (SMAs), Fixed Income, Mutual Funds, Exchange Traded Funds (ETFs), and Stocks.

• Supervise third-party fund administrator by reviewing daily tasks and providing instructions for special projects.

• Review and prepare investment journals entries, accruals, account reconciliations, fee calculations, and monthly close.

• Manage external auditors during preparation and review of the annual audited financial statements including footnotes, disclosures, and supporting schedules in compliance with US GAAP reporting standards.

• Partner with the Investment Office to monitor liquidity and execute acquisitions, capital calls, distributions, redemptions, sales, and investment exits. Ensure proper accounting treatment is recorded in the system for each transaction.

• Coordinate with outside tax service provider to complete workpapers and final drafts of IRS Form 990-PF and Form 990-T.

• Document and maintain the Investment Accounting Policies and Procedures Manual. Ensure that internal controls are properly implemented, enforced, and updated or enhanced as needed to mitigate risk.

• Calculate and track management fees, NAVs, and unfunded commitments to reconcile against partner capital statements.

• Work directly with the CFO to develop and implement Finance Department strategies.

• Compile partnership K-1’s in order to extract and aggregate the financial data required to facilitate tax analysis and reporting.

• Collaborate with the Investment Office to onboard new investments by processing account openings and completing AML and Self-Certification schedules/supporting documents as required by the subscription documents. Lexington Partners, New York, NY April 2014 – March 2016 Analyst

• Performed corporate and fund accounting and analysis for private equity funds ranging $300M-$8B in committed capital. Funds included master-feeder structures, blocker structures, alternative investment vehicles, and holding companies.

• Ensured all financial transactions were properly and accurately recorded in Equitrak according to US GAAP.

• Prepared and reviewed preferred return and waterfall calculations as mandated by each partnership agreement.

• Liaised with deal team in order to prepare and review weekly firm wide flash report including current and forecasted capital activity, status of equity, pipeline and closed deals, and a summary of ITD and YTD fund performance metrics.

• Assisted auditors with interim projects and preparation of workpapers for the annual audited financial statements.

• Processed treasury activity and reconciliations. Purchased and converted foreign currencies and calculated FX gains/losses.

• Monitored liquidity in order to determine amounts and allocations for capital calls and monthly distributions to the investors.

• Calculated management fees and reimbursements based on LPA terms for respective fund structures. Citigroup Private Equity Services, New York, NY July 2012 – April 2014 Associate

• Performed fund administration for master-feeder structured private equity funds with committed capital of $500M-$1.5B.

• Prepared and reviewed quarterly and annual workpapers and financial statements including balance sheet, income statement, cash flow statement, schedules of investments, IRR schedules, and analysis of partner capital accounts statements.

• Maintained daily cash management including cash reconciliations for underlying funds and prepared weekly liquidity reports.

• Calculated quarterly management fee schedules, financial summaries, waterfall and preferred return calculations.

• Accurately processed and analyzed NAVs for underlying funds in correspondence to LPAs.

• Facilitated audit engagements, confirmation reconciliations, and related adjustments to workpapers and year-end footnotes. EDUCATION

Baruch College, Zicklin School of Business, New York, NY May 2012 Master of Science, Accounting

• GPA: 3.57 Dean’s List: Fall 2011, Spring 2012

Rochester Institute of Technology, Saunders College of Business, Rochester, NY November 2009 Master of Business Administration

• GPA: 3.33 Dean’s List: Fall 2008, Spring 2009, Fall 2009 State University of New York at Geneseo, Geneseo, NY May 2008 Bachelor of Arts (Pre-Dental Sequence)

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