Fund Accountant - Lazard Wealth

Lazard Asset Management; New York (NY); On-site; USD 70,000 - 75,000; Full time

Benefits offered by this job

Competitive benefits

Salary range transparency

Job summary

Lazard Asset Management in New York, NY is seeking a Fund Accountant for marketable funds and private equity vehicles. The role reports to the VP and Co-Head of Family Office Services, with responsibilities across NAV validation, data maintenance, and investor reporting.

The candidate will support audits, tax filings, cash management, and regulatory filings, requiring a bachelor’s in accounting and internship experience in financial services, plus Excel proficiency and familiarity with Addepar.

Qualifications

• Bachelor's degree in accounting.
• Relevant internship experience in accounting/financial services.
• Proficient in Microsoft Office (Excel emphasized).
• Knowledge of Addepar is a plus; experience with AI is mentioned.
• Ability to multitask with good time management and meet deadlines.
• Ability to work independently and in a team; meticulous with details.

Responsibilities

• Review NAV calculations and trial balances for funds for accuracy and completeness.
• Enter and maintain investment and investor data in the data warehouse.
• Prepare quarterly investment-overview materials and capital-account reporting for private equity funds.
• Oversee preparation and review of fund financial statements and capital accounts.
• Oversee fund treasury operations including capital calls and distributions.
• Assist with annual fund audits and liaise with external auditors.
• Manage relationships with external tax preparers and monitor tax filings.
• Review investor Schedule K-1s and tax estimates for accuracy.
• Assist with fund forecasts, budgets, and management reporting.
• Respond to internal inquiries with accurate data and documentation.
• Assist with regulatory filings and internal initiatives.

Skills

Excel

Microsoft Office

Addepar

AI

Time management

Independence

Teamwork

Attention to detail

Education

Bachelor's degree in accounting

Tools

Addepar

Job description

Job Description

Lazard is one of the world’s preeminent financial advisory and asset management firms.

Job Description

Lazard is one of the world’s preeminent financial advisory and asset management firms. Our people and culture make the difference. While global in presence and reach, ours is a close, collaborativecommunity of just over 3,000 professionals. Lazard is a place of continuous knowledge sharing, skill development and relationship building, where professionals grow and succeed together. Our entrepreneurial culture, flat structure and embrace of individual differences, allow creative ideas, original concepts, and unique perspectives to drive our business forward — and for careers to take flight.

Many of the world’s leading investors — from individuals to institutions across the globe — have entrusted Lazard Asset Management. We pride ourselves on uncovering the best investment opportunities for our clients. The purpose of our asset management business is to help our clients invest for the future — whether it’s for retirement, to grow and preserve inter-generational wealth, or to benefit the organizations that make our world smarter, healthier and more sustainable.

Lazard Wealth has experienced significant growth over the last several years. As growth continues, we are looking for someone to step into the role of fund accountant for the marketable funds and private equity vehicles. The position has meaningful exposure to many aspects of the business and will report directly to the Vice President and Co-Head of Family Office Services.

We’ll Trust You To

• Review monthly and quarterly NAV calculations and trial balances for multiple funds prepared by a third-party fund administrator, validating accuracy, completeness, and adherence to established reporting procedures.
• Enter and maintain underlying investment and investor data within the firm's data warehouse, supporting accurate portfolio reporting, analytics, and recordkeeping.
• Prepare quarterly investment-overview materials and capital-account reporting for a multi-tier private equity fund structure, supporting investor reporting and portfolio monitoring.
• Oversee the preparation and review of fund financial statements and capital accounts, helping ensure timely, accurate, and consistent financial and investor reporting.
• Oversee fund treasury operations, including the preparation and execution of capital calls and investor distributions, cash management, and related reporting.
• Assist with annual fund audits by coordinating requested documentation, supporting audit testing, and liaising with external auditors to facilitate a timely and efficient audit process.
• Manage relationships with external tax preparers, coordinating information requests and monitoring deliverables to support the timely completion of fund tax filings and investor tax reporting.
• Review investor Schedule K-1s, tax estimates, and annual fund tax returns for accuracy, completeness, and alignment with underlying financial and partnership records.
• Assist with fund forecasts and expense analyses, providing financial insights to support budgeting, cash planning, and management reporting.
• Respond to ad hoc information requests from internal stakeholders, service providers, and investors, delivering accurate and timely data, analyses, and supporting documentation.
• Assist with compliance and regulatory filings by preparing supporting schedules, coordinating data collection, and helping ensure submissions were complete and timely.
• Participate in internal initiatives.

You’ll Need To Have

• Bachelor's degree in accounting.
• Relevant internship experience in accounting/financial services.
• Proficient in Microsoft Office (particularly Excel).
• Knowledge of Addepar (a plus).
• Experience with AI.
• Ability to multitask with good time management skills to meet multiple reporting deadlines.
• Ability to work independently and in a team environment.
• Thorough and meticulous with extreme focus on details.

What We Offer

We strive to enhance the total health and well-being of our employees through comprehensive, competitive benefits. Our goal is to offer a highly individualized employee experience that enables you to balance your commitments to career, family, and community. When you work for Lazard, you are working for an organization that cares about your unique talents and passions and will continue to invest in the development of your career.

We expect the base salary range for this role to be approximately $70,000-$75,000 USD. Various factors contribute to determining the actual base compensation offered, including but not limited to the applicant’s years of relevant experience, career tenure, qualifications, level of education attained, certifications or other professional licenses held, relevant skills for the role. Base salary is one component of Lazard Asset Management’s compensation package, which also includes comprehensive benefits and may include incentive compensation.

Does this sound like you?

Representation at Lazard

Lazard is an intellectual capital business committed to delivering the best advice and solutions to clients. To achieve these objectives, we focus on attracting, developing and retaining the best talent. We believe that a workforce comprised of people who represent a wide array of backgrounds, experiences and perspectives creates a rich variety of thought that empowers us to challenge conventional wisdom, solve problems creatively and make better decisions. Lazard was built on the premise that a multicultural firm can best serve a global clientele. As a global firm that has grown organically from local roots in different countries, we have a deep tradition of respecting and appreciating individual differences. Doing so has been core to our success for over 175 years. We are committed to sustaining an environment where every colleague is supported in their professional pursuits, can maximize their individual potential and contribute to our collective success.

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