Associate Manager

Ultimus Fund Solutions; Columbus (OH); On-site; USD 70,000 - 100,000; Full time

Job summary

Ultimus Fund Solutions in Columbus, OH seeks an experienced accounting professional to oversee fund reporting and capital activities. You will manage quarterly financial statements to Limited Partners and supervise schedules supporting the general ledger, ensuring accurate waterfall calculations and regulatory compliance.

The role requires 3–5+ years in accounting, a Bachelor's in Accounting, and preferred MBA/MSA with CPA.

Qualifications

• 3–5+ years of accounting or related field experience.
• 0–2+ years of supervisory experience in performance management and training.
• Bachelor’s Degree in Accounting or related field; MBA/MSA preferred.
• CPA license strongly preferred; forecasting and budgeting experience.

Responsibilities

• Oversee preparation and distribution of quarterly financial statements to Limited Partners.
• Oversee schedules supporting general ledger balances in financial statements.
• Calculate and distribute capital call notices to Limited Partners.
• Interpret terms in the Limited Partnership Agreement.
• Calculate and review complex waterfall structures.
• Complete required regulatory forms for compliance.
• Calculate and distribute proceeds to Limited Partners.
• Communicate with General Partners and respond to requests promptly.
• Review investment packages to confirm securities are wired correctly.
• Calculate management fees for the Investment and Portfolio company.
• Interact with auditors and provide reports/support for audits.
• Complete audit confirmations for Limited Partners.
• Multi-task between tasks, client deliverables and internal demands.
• Provide supervision, guidance and coaching to the team with regular training.

Skills

Accounting

Supervisory

Financial reporting

Forecasting

Budgeting

Communication

Education

Bachelor's degree in Accounting

MBA or MSA preferred

CPA license preferred

Tools

Microsoft Office Suite

Investran

Job description

• Oversee the preparation and distribution of quarterly financial statements to the Limited Partners to report information regarding the performance of the Fund;
• Oversee the preparation of schedules to support the general ledger balances reported in the financial statements;
• Calculate, prepare, and distribute capital call notices to the Limited Partners to notify them when contributions are due;
• Understand and interpret terms set forth within the Limited Partnership Agreement;
• Calculate and review complex waterfall structures;
• Complete required regulatory forms to ensure the Fund complies with specific regulation requirements;
• Calculate and distribute proceeds to Limited Partners to return capital owed to them;
• Communicate directly with the General Partners and respond promptly to their requests to provide them with the information they require;
• Review investment packages to confirm the securities purchased are wired to the correct beneficiary and are for the appropriate amounts;
• Calculate management fees owed to the Management Company for the investment and portfolio management services they provide to the Fund;
• Interact with auditors and provide them with reports/support to assist them during the audit;
• Complete audit confirmations to satisfy procedures performed for the audits of the Limited Partners;
• Ability to multi-task between different tasks, client deliverables and internal demands throughout the day;
• Provide supervision, guidance and coaching to the team, including regular training support as needed;

Requirements

• 3 - 5+ years' (relevant) experience in Accounting or related field;
• 0 - 2+ years' supervisory experience in the following: performance management (including coaching, progressive discipline, performance review delivery etc.), training, talent acquisition and retention;
• Minimum of a Bachelor's Degree in Accounting or related field;
• Advanced degree (MBA or MSA) in Accounting or related field strongly preferred;
• Certified Public Accountant (CPA) license is strongly preferred;
• Experience in forecasting and budgeting during an accelerated growth period;
• Proficient in Microsoft Office Suite with knowledge of Investran or other partnership accounting software a plus;
• Ability to multitask, time management, attention to detail, planning and problem-solving skills required;
• Ability to communicate and interact professionally and effectively through written and oral communication with current and potential clients and;
• Ability to work in a fast-paced environment and handle/manage multiple team and individual priorities and deadlines.