Fund Accountant

  • Job ref:


  • Location:

    Atlanta , United States

  • Sector:

    Accounting & Finance

  • Contact:

    Steve Whiting

  • Published:

    about 1 year ago

  • Consultant:


Our client is a market leader and professional services organization and one of the niche services that they offer is investment advisory. They wish to hire a Private Fund Accountant that will oversee the accounting and administration of private funds and interacting with various aspects of the business to ensure operational efficiency, compliance with applicable laws and regulations, support of client facing personnel.

REF: FundAcc

Essential daily duties will include:-

  • Manage the relationship with the third party administrator on accounting records, performance, client statements, management fees
  • Update shadow books monthly and compare with third party administrator records
  • Assist with and participate in valuation of private funds
  • Manage and coordinate with private fund banks the set-up and maintenance of bank accounts, wires and the associated necessary approvals, monitor line of credit and initiate draws and pay-downs when appropriate
  • Liaise with fund managers on various accounting and reporting issues and collect and organize fund manager estimates
  • Track and maintain contributions, distributions and prepare distribution worksheets
  • Manage the year-end process of each fund including monitoring tax estimates, K-1’s, financial statement audit requests, review financial statements and tax returns, and communicate status with stakeholders
  • Assist with the preparation and coordination of subscription documents
  • Coordinate with third-party Fund Administrator on accounting and record keeping
  • Keep track of statements and coordinate with Operations on timely updates
  • Coordinate with Compliance on related private fund matters
  • Assist in the tracking of expenses incurred associated with the private funds
  • Process and record checks related to vendor claims
  • Maintain marketing and meeting materials

Job Requirements:-

  • Bachelor's Degree Finance or Accounting or a related major, MBA preferred
  • 3+ years operational, private fund administration or related experience in the financial services industry
  • Strong excel or data analytic skills