Financial Accounting Associate – Private Investments

Northbound Executive Search; New York (NY); On-site; USD 27,000 - 33,000; Full time

Benefits offered by this job

Annual Bonus

Catered daily lunch

On-site gym

Modern office amenities

Generous PTO

Professional development support

Job summary

A specialist alternative investment firm in New York is seeking a Fund Accountant to manage financial reporting and capital call preparations. The ideal candidate will have a Bachelor's in Accounting or Finance and 2-6 years of experience in related fields. Offered benefits include up to $30,000 in annual bonuses, catered lunches, and generous PTO. This role provides a dynamic, team-oriented environment with opportunities for professional development.

Qualifications

• 2-6+ years of relevant experience in public accounting, fund accounting, or financial services.
• Strong understanding of journal entries and financial reporting processes.
• Proactive mindset with the ability to thrive in a fast-paced environment.

Responsibilities

• Review and prepare quarterly financial statements and fund reporting.
• Oversee the preparation of capital call and distribution notices.
• Support subscription line financing processes and quarterly compliance.
• Assist with regulatory filings and annual audits.

Skills

Financial statements preparation

Proficiency in Microsoft Excel

Analytical skills

Communication skills

Organizational skills

Education

Bachelor’s Degree in Accounting, Finance, or related field

Tools

Microsoft Excel

Investran

Hazeltree

Sage

Job description

Overview

Company Overview: A specialist alternative investment firm focused on the financial technology sector. With billions in assets under management and a growing global presence, the firm invests across software, information, and investment services companies that provide mission-critical products and solutions. Known for its collaborative culture and emphasis on innovation, the firm offers employees the opportunity to gain exposure to both private equity investing and operational value creation. Professionals here enjoy a dynamic environment, mentorship from industry leaders, and the ability to contribute meaningfully to a high-growth platform.

Location

New York, NY (Hybrid)

Key Responsibilities

• Review and prepare quarterly financial statements, PCAPs, and fund reporting for multiple private equity vehicles, including growth, venture, early-stage, and co-investment funds.
• Oversee the preparation and review of capital call and distribution notices in coordination with third-party administrators.
• Support subscription line financing processes, including borrowings, repayments, and quarterly covenant compliance.
• Prepare fund rebalancing calculations and monthly expense allocations.
• Assist with regulatory filings such as Form PF and Cayman Islands Monetary Authority (CIMA) submissions.
• Collaborate on annual audits, investor K-1s, and tax estimates with administrators and external auditors.
• Draft quarterly investor letters, compile performance metrics, and support investor relations with ad hoc inquiries.
• Partner with deal and valuation teams to review fund projections and performance analyses.
• Contribute to process improvement initiatives and cross-functional projects within finance and operations.

Qualifications

• Bachelor’s Degree in Accounting, Finance, or a related field.
• 2-6+ years of relevant experience in public accounting, fund accounting, fund administration, or related financial services.
• Strong understanding of journal entries, financial statements, and financial reporting processes.
• Proficiency in Microsoft Excel; experience with Investran, Hazeltree, or Sage is a plus.
• Exceptional organizational, communication, and analytical skills.
• Proactive mindset with the ability to thrive in a fast-paced, team-oriented environment.
• Strong attention to detail and ability to handle confidential information with discretion.
• CPA preferred but not required.

Compensation

• Annual Bonus: Up to $30,000
• Catered daily lunch, on-site gym, and modern office amenities
• Generous PTO and professional development support