An investment management firm is seeking a VP of fund accountant to join their team.Responsibilities: The VP, Fund Accountant will:
- Member of the finance team responsible for the accounting and financial reporting oversight for Neuberger Berman's Private Credit business
- 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
- Oversight of the Fund Administrator responsible for the preparation of the quarterly financial statements, capital account statements, capital calls and distribution notices
- Review and analyze distribution waterfalls based on fund legal documents
- Review partnership and fund IRRs on a quarterly basis and prepare ad hoc calculations
- Review management fee calculations
- Assist audit and tax professionals in year end audit and tax reporting
- Prepare detailed cash projections for fund liquidity reporting
- Assist marketing in preparation of LP specific reporting and responses to prospective client RFP
- Work with investor relations answer LP questions
- Various ad-hoc requests from senior management and portfolio managers
- Assist with SEC or other regulatory compliance as required
Qualifications:
- Bachelor's or higher degree in Accounting or Finance
- Strong understanding of accounting theory and fund accounting and financial reporting
- 10 - 12 years accounting/finance experience
- Experience with credit related products, including loan settlement and trade reconciliations is a plus
Desired Skills:
- CPA
- Highly detail oriented and organized in work
- Ability to meet assigned deadlines
- 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
- Proficiency with email and Microsoft Office applications
- Ability to work cooperatively and collaboratively with all levels of employees, management, and external agencies to maximize performance, creativity, problem solving, and results.