Associate Fund Accountant

Financeroles; Michigan; Hybrid; USD 50,000 - 65,000; Full time

Job summary

Financeroles in Livingston, NJ is seeking an Associate Fund Accountant for a hybrid work schedule. You will prepare and maintain accounting records, support schedules, and financial reports for assigned clients.

Responsibilities include processing cash activity, recording journal entries, reconciling investment activity, assisting with IRS 1099, audits, and improving workpapers and automation. A Bachelor’s in Accounting and fund accounting experience are preferred, along with strong Excel and

Qualifications

• BS Degree in Accounting preferred or other degree with strong accounting coursework.
• Experience in fund or partnership accounting; working knowledge of U.S. GAAP and financial reporting principles a plus.
• Advanced proficiency in Microsoft Excel, including VLOOKUP, SUMIF, XIRR, and named ranges.
• Experience with Investran or similar fund accounting system(s) a plus.
• Ability to manage multiple priorities and meet tight deadlines in a fast-paced environment.
• Strong verbal and written communication skills, with a professional and client-focused approach.
• Attention to detail and strong organizational skills.

Responsibilities

• Prepare and maintain accounting records, supporting schedules, and financial reports for assigned clients.
• Process and reconcile cash activity, including recording journal entries and preparing wire transfers, ensuring accuracy and timeliness.
• Record and reconcile investment activity, such as purchases and sales, and interest accruals/income.
• Prepare and maintain comprehensive workpapers that fully reconcile and support the trial balance.
• Prepare IRS Form 1099 in compliance with regulatory requirements.
• Ensure standard procedures and controls are adhered to.
• Communicate with clients to obtain information, resolve inquiries, and provide status updates.
• Ensure all processes are in line with the SLA and elevate when needed.
• Support the year end audit process as well as SOC 1 audit and SBA exam.
• Participate in projects focused on improving operational efficiency, including automation of Excel-based calculations and enhancement of workpaper processes.
• Perform internal tasks, including mandatory training and time tracking.

Skills

Fund accounting

U.S. GAAP

Excel

Communication

Attention to detail

Education

Bachelor's degree in Accounting

Tools

Investran

Job description

Associate Fund Accountant

Hybrid Work Schedule in Livingston, NJ (three days in office per week)

Monday to Friday 9:00 am to 6:00 pm

Some of the things you will be doing:

• Prepare and maintain accounting records, supporting schedules, and financial reports for assigned clients
• Process and reconcile cash activity, including recording journal entries and preparing wire transfers, ensuring accuracy and timeliness
• Record and reconcile investment activity, such as purchases and sales, and interest accruals/income
• Prepare and maintain comprehensive workpapers that fully reconcile and support the trial balance
• Prepare IRS Form 1099 in compliance with regulatory requirements
• Ensure standard procedures and controls are adhered to
• Communicate with clients to obtain information, resolve inquiries, and provide status updates
• Ensure all processes are in line with the SLA and elevate when needed
• Support the year end audit process as well as SOC 1 audit and SBA exam
• Participate in projects focused on improving operational efficiency, including automation of Excel-based calculations and enhancement of workpaper processes
• Perform internal tasks, including mandatory training and time tracking

What technical skills, experience, and qualifications do you need?

• BS Degree in Accounting preferred or other degree with strong foundation in accounting principles through relevant coursework
• Experience in fund or partnership accounting, with a working knowledge of U.S. GAAP and financial reporting principles a plus
• Advanced proficiency in Microsoft Excel, including functions such as VLOOKUP, SUMIF, XIRR, and use of named ranges
• Experience with Investran or similar fund accounting system(s) a plus
• Ability to manage multiple priorities and meet tight deadlines in a fast-paced environment
• Strong verbal and written communication skills, with a professional and client-focused approach
• Attention to detail and strong organizational skills

At CSC, compensation decisions are dependent on a number of factors including job location and the knowledge and experience of each individual. A reasonable estimate of the current range is $50,000 to $65,000.

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