Associate, GP Fund Accounting

Apollo; New York (NY); On-site; USD 90,000 - 130,000; Full time

Job summary

Apollo is a high-growth, global alternative asset manager. The Associate will be part of the Carry-Coinvest Controller team that supports both self and third party -administered employee co-invest funds and carried interest entities across all Apollo Private Equity and Credit funds.

This is a varied role and key to the successful finance support function to the businesses, as Apollo continues to launch new funds across their various platforms.

Qualifications

• Minimum 3-5 years of experience (mix of public accounting & private preferred).
• Undergraduate accounting degree with exceptional academic credentials.
• Strong U.S. GAAP and technical accounting expertise (CPA or equivalent is a plus).
• General Partner Accounting experience a plus.
• Highly skilled with Excel.
• Client-serving individual with strong interpersonal, verbal and written skills.
• Ability to manage multiple tasks and work under pressure.

Responsibilities

• Critical team member in supporting the origination, development, and launch of carry/incentive plans and other compensation related projects.
• Preparation and maintenance of full accounting records in Investran, including analytical reviews and monthly/quarterly reporting.
• Preparation of capital calls and distributions for co-invest and carried interest entities.
• Collaborate with AGM, tax, compliance, analytics, and compensation for monthly and quarterly reporting and ad hoc requests.
• Liaison with external auditors with regards to statutory fund audits.
• Close coordination with Employee Investor Services for onboarding of Carry Plans, Employee Co-investment opportunities.
• Participate in group initiatives to streamline, automate and simplify current processes to create efficiencies.

Skills

Excel

US GAAP knowledge

CPA considered a plus

Communication skills

Investran knowledge

Salesforce knowledge

Education

Bachelor's degree in Accounting

Tools

Investran

Salesforce

Job description

Position Overview

Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three investing strategies: yield, hybrid, and equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes.

Come to Apollo and join a community of extraordinary people who are committed to a culture of excellence and collaboration in everything that we do. We invest in our people for the long term and are committed to supporting their development at every stage of their career.

The Associate will be part of the Carry-Coinvest Controller team that supports both self and third party -administered employee co-invest funds and carried interest entities across all Apollo Private Equity and Credit funds. This is a varied role and key to the successful finance support function to the businesses, as Apollo continues to launch new funds across their various platforms. The person should be enthusiastic, hard-working, self-starter and willing to take on challenges.

This role involves working closely with several departments within Apollo including various Fund Controller teams, human capital, legal, and tax to ensure the preparation of accurate and timely information. The role sits within the Global Business Finance team and it is expected that the individual will form good relationships with the Corporate and Fund Controller teams in order to facilitate the support of accurate reporting to Apollo.

Primary Responsibilities

• Critical team member in supporting the origination, development, and launch of new carry/incentive plans and other compensation related projects.


• Preparation and Maintenance of full accounting records in Investran, including analytical reviews and monthly/quarterly reporting


• Preparation of capital calls and distributions for co-invest and carried interest entities


• Collaborate with multiple teams (AGM, tax, compliance, analytics, and compensation) for monthly and quarterly reporting and ad hoc requests including requests from carry and co-invest participants


• Liaison with external auditors with regards to statutory fund audits


• Close coordination with Employee Investor Services for onboarding of Carry Plans, Employee Co-investment opportunities and Employee Loan Program


• Participate in group initiatives to streamline, automate and simplify current processes to create efficiencies

Qualifications & Experience

• Minimum 3-5 years of experience (mix of public accounting & and private preferred)


• Undergraduate accounting degree with exceptional academic credentials.


• Strong U.S. GAAP and technical accounting expertise (CPA or equivalent is a plus)


• General Partner Accounting experience a plus


• Highly skilled with Excel


• Client-serving individual who exhibits strong interpersonal, verbal and written skills


• Individual must be diligent and work well in a team environment


• Strong organizational skills including the ability to manage multiple tasks simultaneously


• Proactive, forward thinking, creative individual with high ethical standards


• Ability to work under pressure and adhere to deadlines with great attention to detail


• Experience with Investran and Salesforce is a plus

OUR PURPOSE AND CORE VALUES

• Our clients rely on our investment acumen to help secure their future. We must never lose our focus and determination to be the best investors and most trusted partners on their behalf. We strive to be:


• The leading provider of retirement income solutions to institutions, companies, and individuals.


• The leading provider of capital solutions to companies. Our breadth and scale enable us to deliver capital for even the largest projects - and our small firm mindset ensures we will be a thoughtful and dedicated partner to these organizations. We are committed to helping them build stronger businesses.


• A leading contributor to addressing some of the biggest issues facing the world today - such as energy transition, accelerating the adoption of new technologies, and social impact - where innovative approaches to investing can make a positive difference.


• We are building a unique firm of extraordinary colleagues who:
  
  
  • Outperform expectations
  
  
  • Challenge Convention
  
  
  • Champion Opportunity
  
  
  • Lead responsibly
  
  
  • Drive collaboration
  
  


• As One Apollo team, we believe that doing great work and having fun