Associate – Alternative Fund Services - Private Fund Services
Join a team of passionate and dedicated professionals in Alternative Fund Administration industry working for one of the world’s most innovative banks.
The ideal candidate for this role should have a strong background in accounting, excellent analytical and problem-solving skills, and an eye for detail.
As an Associate in our Private Equity and Real Estate Services Fund Administration team, you will be responsible for administering private equity funds and other alternative investment vehicles, including preparing & reviewing financial statements and reports and providing support for investor relations activities. You will be responsible for bookkeeping, reconciliation, calculating fees, preparing financial statements and investor reports, and process improvements. Additionally, you will be expected to assign work, perform detailed reviews, provide guidance and training, coordinate with various stakeholders and support audit process.
If you think you have what it takes to join our team, apply now!
Provide directions and review journal entries booked into Investran
Prepare and review fund level financial statements including the consolidated balance sheet, income statement, statement of partners' capital, schedule of investments, footnotes to financial statements and cash flows
Prepare and review investor capital calls, distributions notices
Comprehend fund agreements in order to determine impact on reporting
Proactively anticipate, communicate and escalate issues to Manager in a timely manner
Participate & Lead special and ad hoc projects for internal initiatives & external clients
Monitor and evaluate current processes and technology, and work with management to improve and gain efficiencies
Bachelor’s / Master’s degree in Accounting / ICWA / CA / MBA / CPA
Minimum 4 years of accounting experience, preferably private equity or hedge fund accounting
High level of proficiency in Microsoft Office Suite (Excel, Word, PowerPoint, etc.) and accounting software
Ability to function in high-pressure situations and meet strict deadlines consistently
Attention to detail, Innovative and analytical thinking with excellent verbal and written communication skills
Team player instincts with the ability to see a project to conclusion with little follow-up
Superb sense of client service with ability to appropriately exercise professional skepticism and judgment
Familiarity with various private equity legal and investment structures
Familiarity with various waterfall models
Experience using partnership accounting applications (e.g. Investran)