Associate Manager, Fund Accounting

Aztec Group; Radnor (Delaware County); On-site; USD 80,000 - 100,000; Full time

Benefits offered by this job

Professional development opportunities

Training provided

Job summary

A financial services provider in Radnor is seeking an experienced professional in Fund Accounting. This role requires 5+ years in Fund Accounting or Audit, ideally within the alternative funds sector. Responsibilities include preparing financial statements, managing client relationships, and supervising junior staff. Candidates should possess a Bachelor's degree in Accounting and CPA certification is highly desirable. The company offers a supportive environment focused on professional development.

Qualifications

• 5+ years experience in Fund Accounting or Audit.
• Experience of supervising and coaching junior staff.
• Technical knowledge of US GAAP for alternative funds.

Responsibilities

• Prepare and review quarterly financial statements.
• Manage client relationships and respond to requests.
• Support audit confirmations and improve processes.

Skills

Fund Accounting

Client relationship management

Collaboration skills

Interpersonal skills

Supervision and coaching

Education

Bachelor's Degree in Accounting or related field

CPA certification

Tools

Microsoft Office Suite

Yardi

eFront

Investran

Job description

Reports to the Senior Financial Reporting Manager.

With continued growth across the Aztec Group, we’re always on the lookout for bright individuals to join our journey and help support current and future business needs. We are confident that we can provide you with a challenging career which offers exceptional learning and development opportunities combined with progression.

What you'll be doing

• Preparation and review of quarterly financial statements to investors of the Fund, in accordance with US GAAP (and at times IFRS and UK/Lux GAAP).
• Oversee and review the preparation and distribution of quarterly investor capital statements to investors.
• Review the preparation of schedules to support the general ledger balances reported in the quarterly financial statements.
• Oversee and review the preparation and distribution of capital call notices to investors.
• Prepare and review distribution notices to investors.
• Client relationship management including responding to client requests.
• Calculate and review complex waterfall structures and associated carried interest.
• Calculate management fees owed to the management Company for investment and portfolio management services provided to the Fund.
• Liaise with client auditors and tax preparers, providing them with reports/support to assist them during the year end audit.
• Complete audit confirmations to satisfy procedures performed for the audits of investors or the Fund.
• Provide supervision, guidance, and coaching to the team, including regular training support as needed.
• Supporting projects to improve process efficiencies and internal controls.
• Collaborating with internal support teams on testing of new system functionality or reports.

What we're looking for

• 5+ years experience in Fund Accounting or Audit, ideally in the alternative funds sector (either in-house with a fund manager or a fund administrator).
• Minimum of a Bachelor's Degree in Accounting or related field
• CPA certification is highly desirable
• Sound technical knowledge of US GAAP and reporting required for the alternative funds sectors
• Demonstrable professional interpersonal skills are required to develop strong working relationships with colleagues and clients
• Previous experience of supervising, leading and coaching junior staff is preferred
• Excellent collaboration skills and passionate team player with a curious approach
• Ability to work in a fast-paced environment and manage multiple priorities and deadlines
• Experience of using Yardi, eFront or Investran is advantageous
• Proficiency in Microsoft Office Suite is essential

We will provide the training, both in-house for relevant technical knowledge and also professional qualifications to enhance your professional development. You will need to be quick to learn new systems and great with people, as close working relationships between our colleagues and clients is at the heart of what we do.

It is the policy of Aztec Fund Administration LLC to provide equal employment opportunities without regard to race, color, religion, sex, national origin, age, disability, marital status, veteran status, sexual orientation, genetic information or any other protected characteristic under applicable law and see employee diversity as a key contributor to Company success.