Job Description
DESCRIPTION
The successful incumbent will be responsible for a broad spectrum of financial and accounting matters affecting our private equity. The candidate should have a strong background in accounting for alternative investment funds, preferably with private equity funds. He/ she is responsible for reviewing and processing transactions and financial reports, and exercising sound judgment regarding the proper application of accounting principles to complex transactions. Additionally, the candidate must have proven client service skills, and the ability to work within a team toward the timely and accurate production of client deliverables.
Responsibilities:
Contribute towards a team covering one or more client relationships
Deliver accurate and timely work product within specified timelines, and in coordination with other team members
Demonstrate strong knowledge of accounting, specifically with respect to alternative investment funds, with a focus on private equity
Review all transaction documentation and supporting files, and understand the features of the investment transactions, accruals, etc.
Review work paper files for accuracy and completeness, including capital activity, investment activity, income and expense accruals, valuation adjustments, etc.
Prepare/ review management fee calculations, update distribution waterfall (carried interest) models in line with the applicable fund terms
Review investor allocations and capital account statements
Review capital call and distribution calculations, sources/uses of cash, allocations, and investor notices
Review financial statements, notes disclosures, and supporting schedules
Manage the year-end audit process, in collaboration with the client, and auditors
Provide guidance and direction to junior staff on all technical and client-service-related topics
Where applicable, support the tax team with information to prepare tax compliance/reports
Support corporate goals and business/departmental initiatives
Qualifications:
7-9 years experience, preferably with fund administrator or audit background
Minimum 2 years in Private Equity
Able to work independently and under tight deadlines
Experience in people management/leading a team
Very strong organizational and communication skills
Ability in taking initiatives in identifying opportunities to improve upon existing service model/flow
Knowledge of IFRS and US GAAP
Attention to detail and ability to multi-task
Proficiency in Microsoft Office suite, with emphasis on Excel skills#J-18808-Ljbffr