An investment management firm is seeking an experienced professional to join their team as their new AVP of Fund Accounting.Responsibilities:The AVP of Fund Accounting will:
- Oversee the financial reporting process, including but not limited to monthly performance estimates, close packages/NAV, allocations, waterfalls and fund returns
- Assist in cash management forecasts and budgets along with debt facility oversight to establish capital available for investment.
- Maintain expense register and ledger for expense budgeting, attribution, and forecasting.
- Oversight and compliance of fund credit facilities by accurately comprehending and interpreting the agreement, while maintaining a thorough knowledge of the assets in the portfolio
- Perform data analysis on large asset portfolios including data reconciliation and calculation of portfolio compliance tests such as portfolio quality and concentration ratios
- Review management fee calculations
- Reply to investor queries around fund performance, NAVs, taxes, and other areas.
- Assist audit and tax professionals in year end audit and tax reporting
- Various ad-hoc requests from senior management, portfolio managers, and investor relations
- Assist with SEC or other regulatory compliance as required
Qualifications:
- 4+ years of Accounting / Finance experience
- Bachelor's Degree in Accounting or Finance
- Strong understanding of accounting theory and fund accounting and financial reporting
- Intermediate /advanced Excel skills
- Experience designing and implementing new policies and procedures
- Highly detail oriented and organized in work
- Excellent communication and interpersonal skills with a customer service focus
- Ability to act and operate independently with minimal daily direction from manager to accomplish objectives
- Ability to work cooperatively and collaboratively with all levels of employees, management, and external agencies to maximize performance, creativity, problem solving, and results
Desired Skills:
- CPA
- Experience with credit related products, including loan settlement and trade reconciliations