Finance Associate, Private Equity Growth (NY)

Bessemer Trust; New York (NY); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

401(k) program with profit-sharing

Medical, prescription, dental and vis

Life insurance

Disability coverage

Paid holidays

Vacation

Sick time

Job summary

Bessemer Investors in New York is seeking a Finance Associate to join its growing finance team. The Finance Associate will work closely with the Senior Finance Associate and CFO, gaining exposure to fund and investment accounting, investor reporting, portfolio valuation, and firm-level finance.

This hands-on role on a lean team offers broader exposure than a traditional fund accounting position. You will develop across treasury, tax, budgeting, and investment-related matters while collaborating

Qualifications

• Bachelor’s degree in accounting, finance, economics, or a related field.
• Approximately 2-4 years of relevant professional experience, including public accounting, private equity or venture capital finance, or fund administration.
• Experience with private equity, venture capital or other alternative investment fund accounting is strongly preferred.
• Exposure to general ledger accounting, fund accounting, management company accounting, financial reporting, investment performance reporting, tax, or valuation is beneficial.
• CPA designation or meaningful progress toward a CPA is beneficial but not required.
• Strong Microsoft Excel skills and comfort working with financial reporting systems and AI large language models.

Responsibilities

• Prepare and maintain S. GAAP financial statements, partners’ capital accounts, and related records for fund, GP, and investment entities.
• Support capital call and distribution processes, including investor allocations, carried interest calculations and waterfalls, and preparation of investor communications.
• Assist with quarterly and other investor reporting, including investor letters, portfolio company data, investment performance metrics, and investor-level portfolio reporting.
• Support treasury activities, including recording cash receipts and disbursements, wires and internal transfers, and maintaining documentation.
• Coordinate accounts payable and expense processes, including vendor onboarding and invoice review and payment.
• Participate in quarterly portfolio valuation process, including supporting valuations and memos.
• Support carried interest realization activities and tax coordination with partners.
• Coordinate with tax team and advisor on partnership tax compliance, including review of tax returns and Schedule K-1s.
• Support budgeting, forecasting, management reporting, and other financial analyses and information sharing.
• Assist with annual audits and other financial/compliance tasks.
• Support investment professionals on transaction-related matters including structuring, diligence, closings, and regulatory.
• Help enhance finance processes, systems, reporting, and internal controls.

Skills

Excel

Analytical skills

Financial reporting systems

AI language models

Education

Bachelor’s degree in accounting, finance, economics, or related field

Tools

Financial reporting systems

AI language models

Job description

Bessemer Investors in New York is seeking a Finance Associate to join its growing finance team. The Finance Associate will work closely with the Senior Finance Associate and CFO, gaining exposure to fund and investment accounting, investor reporting, portfolio valuation, and firm-level finance.

This hands-on role on a lean team offers broader exposure than a traditional fund accounting position. You will develop across treasury, tax, budgeting, and investment-related matters while collaborating