Fund Accountant - Private Funds & Investor Reporting

Townsend Group; Cleveland (OH); On-site; USD 60,000 - 85,000; Full time

Job summary

Townsend Group is seeking a Fund Accountant to support accounting and reporting for our private funds, serving high-net-worth and institutional investors. The role reports to the Fund Controller and collaborates with the portfolio management team and consultants.

Responsibilities include reconciliations, cash activity, maintaining capital account balances, quarterly reporting to limited partners, producing capital statements in Investran, and assisting with quarterly and annual GAAP financial

Qualifications

• Bachelor's degree in accounting or finance.
• 1-2 years of experience.
• Strong analytic skills.
• Intermediate knowledge of Excel.
• Effective communication and ability to work with fund managers, outside accountants and attorneys.
• Experience with partnership capital accounting a plus.
• Experience with private fund management and/or real estate investments a plus.
• Experience with Investran software a plus.

Responsibilities

• Reconciling accounts, including bank reconciliations.
• Managing cash activity.
• Maintaining capital account balances under supervision of Fund Controller.
• Assist fund administrators with quarterly financial reporting to the limited partners.
• Produce limited partner capital account statements on Investran software.
• Assist in the preparation of quarterly reports and annual GAAP financial statements for Townsend’s funds.
• Working with outside accountants to assist the audit process and production of tax reports for investors.

Skills

Analytical skills

Excel proficiency

Communication skills

Collaboration with managers/investors

Education

Bachelor's degree in accounting or finance

Tools

Investran

Job description

Townsend Group is seeking a Fund Accountant to support accounting and reporting for our private funds, serving high-net-worth and institutional investors. The role reports to the Fund Controller and collaborates with the portfolio management team and consultants.

Responsibilities include reconciliations, cash activity, maintaining capital account balances, quarterly reporting to limited partners, producing capital statements in Investran, and assisting with quarterly and annual GAAP financial