Assistant Manager, Private Equity Funds

Alter Domus; Boston (KY); On-site; USD 60,000 - 105,000; Full time

Benefits offered by this job

Professional accreditations support

Flexible work arrangements

Mentoring and career development

Employee Share Plan

Local benefits by location

Job summary

Alter Domus is seeking an experienced accounting professional for fund administration in the United States. You will review cash contributions and distributions for investment fund clients, handle journal entries, and support valuations, capital calls, and distributions.

You'll work with auditors, participate in audits, and maintain timely client communications while understanding governing agreements. A CPA path is preferred and Excel proficiency is required.

Qualifications

• Bachelor’s degree in Accounting.
• 5+ years of professional experience.
• Private Equity Fund Accounting or Auditing experience preferred.
• Strong verbal and written communication skills.
• In-depth understanding of different types of investments: equity, debt, co-invest and FoF.
• Keen attention to detail and critical thinking skills.
• Ability to multitask, working both independently and as part of a team with professionals at all levels.
• CPA or intention to obtain CPA, preferred.

Responsibilities

• Review daily cash contributions and distributions for investment fund clients.
• Inquire about cash and journal entries.
• Assist in preparation and review of investment entries, valuations, capital calls and distributions.
• Assist with preparing and reviewing audited financials and supporting schedules and liaison with auditors.
• Participate in quarterly and annual audit functions.
• Assist with open items list and auditor communications.
• Regular communication with client responding and coordinating response to inquiries in a timely manner and sense of urgency.
• Understand the governing agreements between Alter Domus and the client.

Skills

Communication

Detail-oriented

Multitasking

Team player

Education

Bachelor’s degree in Accounting

Tools

Microsoft Excel

Job description

About Us

As a world leading provider of integrated solutions for the alternative investment industry, Alter Domus (meaning “The Other House” in Latin) is proud to be home to 90% of the top 30 asset managers in the private markets, and more than 6,000 professionals across 24 jurisdictions.

About Us

As a world leading provider of integrated solutions for the alternative investment industry, Alter Domus (meaning “The Other House” in Latin) is proud to be home to 90% of the top 30 asset managers in the private markets, and more than 6,000 professionals across 24 jurisdictions.

With a deep understanding of what it takes to succeed in alternatives, we believe in being different in what we do, how we work, and most importantly in how we enable and develop our people. Invest yourself in the alternative, and join an organization where you progress on merit, where you can speak openly with whoever you are speaking to, and where you will be supported along whichever path you choose to take.

Find out more about life at Alter Domus at careers.alterdomus.com

Job Description

• Review daily cash contributions and distributions for investment fund clients;
• Inquire about cash and journal entries;
• Assist in preparation and review of investment entries, valuations, capital calls and distributions;
• Assist with preparing and reviewing audited financials and supporting schedules and liaison with auditors;
• Participate in quarterly and annual audit functions;
• Assist with open items list and auditor communications;
• Regular communication with client responding and coordinating response to inquiries in a timely manner and sense of urgency;
• Understand the governing agreements between Alter Domus and the client.

Your Profile

• Bachelor’s degree in Accounting;
• 5+ years of professional experience;
• Private Equity Fund Accounting or Auditing experience preferred;
• Strong verbal and written communication skills;
• In-depth understanding of different types of investments: equity, debt, co-invest and FoF;
• Keen attention to detail and critical thinking skills;
• Ability to multitask, working both independently and as part of a team with professionals at all levels;
• Proficiency in Microsoft Excel; and
• CPA or intention to obtain CPA, preferred.

Salary range depending on location and experience: $60,00-$105,000

What We Offer

We are committed to supporting your development, advancing your career, and providing benefits that matter to you.

Our industry-leading Alter Domus Academy offers six learning zones for every stage of your career, with resources tailored to your ambitions and resources from LinkedIn Learning.

Our Global Benefits Also Include

• Support for professional accreditations
• Flexible arrangements, generous holidays, plus an additional day off for your birthday!
• Continuous mentoring along your career progression
• Active sports, events and social committees across our offices
• 24/7 support available from our Employee Assistance Program
• The opportunity to invest in our growth and success through our Employee Share Plan
• Plus additional local benefits depending on your location

Alter Domus is an Equal Opportunity Employer: Equity Statement

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.

(Alter Domus Privacy notice can be reviewed via Alter Domus webpage: https://alterdomus.com/privacy-notice/)