Alternative Investments Associates and Accountants work as part of a team responsible for providing accounting, administration and investor servicing for hedge funds, private equity funds and closed-end registered products. Individuals calculate net asset value(s) and disseminate financial and performance information to the investment advisor and their investors. Acting as primary fund accountant on multiple relationships, ensures all fund accounting functions are in completed in accordance with Generally Accepted Accounting Principles (GAAP). Records trade information, income/expense activity and applies valuation of securities in the portfolio accounting system. Enters and reconciles all investor contributions and withdrawals in the partnership accounting system. Allocates fund level profits to individual investors for preparation and distribution of investor statements. Reviews and coordinates fund expense analysis and expense processing. Prepares fund financial statements, audit and tax schedules.
Basic Qualifications
– Bachelor’s degree in Accounting, Finance or a business-related field, or equivalent work experience
– Five or more years of related experience, preferably in portfolio/partnership accounting, finance or portfolio management
Preferred Skills/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
The role offers a hybrid/flexible schedule, which means there’s an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.
