AVP, Private Markets Technical Accounting

STP Investment Services; United States; Remote; USD 100.000 - 150.000; Vollzeit

Benefits dieser Stelle

Competitive compensation

Unlimited PTO

Strong 401k Matching

Comprehensive health benefits

Volunteer Time Off

Growth opportunities

Zusammenfassung

STP Investment Services, LLC is seeking a senior technical fund accounting SME to independently lead complex closed-end private equity and real estate fund relationships. You will interpret governing documents, translate bespoke economics into controlled operating processes, and serve as escalation point for clients, operations, audit and technology teams.

You will own the accounting model for fund structures, review closes, NAV packages, and investor reporting while collaborating with CFOs,

Qualifikationen

• Bachelor’s degree in accounting, finance or a closely related discipline; CPA or equivalent qualification strongly preferred.
• 8+ years of progressive fund accounting experience focused on closed-end private equity and real estate or similarly complex alternative-investment structures.
• At least 3 years operating as a product SME or implementation lead.
• Experience managing a global hybrid team.
• Demonstrated ownership of funds with bespoke waterfalls, multiple vehicles, investor-specific economics, leverage, foreign currency and complex valuation or consolidation considerations.
• Experience leading audits and responding directly to sophisticated client, auditor and legal-document questions.
• Excellent written and verbal communication; able to explain complicated economics and accounting conclusions clearly to both technical and non-technical audiences.

Aufgaben

• Own the technical accounting and administration model for complex funds including master-feeder, parallel, blocker, and SPVs.
• Lead review of quarterly and annual closes, NAV packages, capital activity, investor allocations, management fees and carried interest.
• Interpret agreements and documents; translate provisions into documented calculation logic, controls and review procedures.
• Validate complex distribution waterfalls and carried-interest models across structures (whole-fund, deal-by-deal).
• Act as final escalation point for allocation, valuation, currency, debt, fee, and reporting issues.
• Lead complex fund implementations and conversions with data migration, COA mapping and controls ownership.
• Collaborate with controllers, CFOs, auditors, legal counsel and technology providers.
• Coach fund-accounting teams; establish rigorous workpapers and control evidences.

Kenntnisse

Leadership

Communication

Client relations

Problem solving

Ausbildung

Bachelor’s degree in accounting or finance

CPA or equivalent qualification

Jobbeschreibung

Summary/Objective

STP is seeking a senior technical subject matter expert who can independently lead complex closed-end private equity & real estate fund relationships. The successful candidate must be able to interpret governing documents, translate bespoke economics into controlled operating processes, review sophisticated calculations, resolve technical accounting and allocation matters, and serve as the escalation point for clients, operations, implementation, audit and technology teams.

Essential Functions

• Own the technical accounting and administration model for complex closed-end private equity & real estate, including master-feeder, parallel, blocker, co-investment and SPVs.
• Lead review of quarterly and annual closes, NAV packages, capital activity, investor allocations, management fees, carried interest, financial statements and partner capital reporting.
• Interpret limited partnership agreements, side letters, subscription documents and fee letters; convert provisions into documented calculation logic, operational controls and review procedures.
• Validate complex distribution waterfalls and carried-interest models, including whole-fund/European and deal-by-deal/American structures, preferred returns, catch-ups, hurdles, escrows, clawbacks, recycling and recallable distributions.
• Act as final technical escalation point for allocation, valuation, consolidation, foreign currency, debt, fee, equalization, partner-capital and financial-reporting issues.
• Lead complex new-fund implementations and conversions by designing books-and-records architecture, chart of accounts, entity mapping, data migration, historical roll-forward, waterfall requirements and control ownership.
• Partner directly with controllers, CFOs, general partners, auditors, tax advisors, legal counsel, valuation specialists, lenders and technology providers.
• Coach reviewers and fund-accounting teams; establish technically rigorous workpapers, review standards, exception thresholds and evidence of control performance.

Work Environment

Employees may reside anywhere in the United States. Employees who reside within a 35-mile radius of the West Chester corporate office are expected to work from that office every Tuesday. Employees outside this radius may work remotely.

Travel

No travel is required

Required Education And Experience

• Bachelor’s degree in accounting, finance or a closely related discipline; CPA or equivalent professional accounting qualification strongly preferred.
• 8+ years of progressive fund accounting experience focused on closed-end private equity and real estate or similarly complex alternative-investment structures.
• At least 3 years operating as a product SME or implementation lead
• Experience managing a global hybrid team
• Demonstrated ownership of funds with bespoke waterfalls, multiple vehicles, investor-specific economics, leverage, foreign currency and complex valuation or consolidation considerations.
• Experience leading audits and responding directly to sophisticated client, auditor and legal-document questions.
• Excellent written and verbal communication; able to explain complicated economics and accounting conclusions clearly to both technical and non-technical audiences.

Work Authorization

Must be able to work in the United States without immigration support.

EEO Statement

STP is an equal opportunity employer and does not discriminate against any employee, applicant, or any other covered person on the basis of a person's race, color, religion, creed, national origin or ancestry, ethnicity, sex (including pregnancy), gender (including gender nonconformity and status as a transgender or transsexual individual), age (40 and over), citizenship, past, current or prospective service in the uniformed services, genetic information, having a diploma based on passing a general educational development test as compared to a high school diploma, physical or mental disability, non-job related handicap or disability, known relationship or association with a person who has a handicap or disability, use of a guide or support animal because of blindness, deafness or physical handicap, other protected characteristics recognized by applicable county or local law, or any other characteristic protected under federal, state or local law (“Protected Characteristic”).

Company Overview

STP Investment Services is a collaborative partner providing scalable and transparent front, middle, and back-office solutions to investment managers, funds, and plan sponsors giving them the technology, expertise and confidence needed to focus on core business objectives. STP Investment Services, an international company with fully owned offices in the United States and India, provides a broad range of services for the asset management industry with capabilities to process all asset classes and meet ever-evolving business requirements.

STP Employees Enjoy The Following Benefits

• Competitive compensation plus a performance bonus
• Unlimited PTO
• 10 Paid Holidays
• Strong 401k Matching program
• Competitive health benefits (Medical, Vision, Dental, Life, and Disability Insurance)
• Volunteer Time Off (VTO). We pay you to do good in your community!
• Strong growth and advancement opportunities
• Highly subsidized Medical/Dental/Vision/Disability Insurance benefits
• Employee Assistance Program

Salary Description

$100,000 - $150,000