Fund Administrator /Accountant

Fund Administrator /Accountant

Location: Hackensack, New Jersey

Need candidate who can work onsite from Day 1 (5 days a week)

We Below are the key points/question you need to check with candidate on this role, please check with candidates before submitting us :-

• Fund accountant with Private Equity experience
• Understanding how rebalancing works.
• Understanding of a complex fund structure that involves a master and feeder fund
• What a blocker is or the purpose of a blocker?
• What is a side letter is or the purpose of a side letter?

Job Description:

Responsibilities

• Prepare and/or Review Monthly/Quarterly NAV packages
• Record/Review trade information, income/expense activity and applies valuation of securities in the portfolio accounting system
• Prepare/Review Processing of Capital Calls and Distributions
• Prepare/Review Allocation of Fund level profits and losses to individual investors for preparation and distribution of investor statements in accordance to Fund Legal Documents
• Prepare/Review Calculation of Management Fees and Carried Interest
• Review and coordinate fund expense analysis and expense processing
• Review of various Fund Legal Documents, including Limited Partnership Agreements, Side Letters, and Private Placement Memorandums
• Interaction and coordination with internal and external stakeholders including but not limited to clients, auditors, and other groups within client
• Supervise, train, and coach junior level new hires, including but not limited to providing technical and PC knowledge to them

Basic Qualifications

• Bachelor’s degree in accounting, Finance or a business-related field or equivalent work experience
• 5 to 8 years of related experience, preferably in portfolio partnership accounting, finance or portfolio management

Preferred Skills / Experience

• Experience working at a Private Equity Fund Manager, Alternative Investment Manager, Fund Administrator, Custodian Bank and/or other financial institutions with relevant knowledge and experience
• Thorough knowledge in accounting reporting and analysis
• Ability to identify and resolve/escalate complex problems with minimal guidance
• Ability to manage multiple tasks/projects and deadlines simultaneously
• Effective interpersonal, verbal and written communication skills
• Proficient computer navigation skills using a variety of software packages including Microsoft Office applications

• Seniority Level

Associate

• Industry
• Banking
• Accounting
• IT Services and IT Consulting
• Employment Type

Full-time

• Job Functions
• Accounting/Auditing
• General Business
• Finance