Fund Accounting Analyst

Arrow Search Partners; New York (NY); On-site; USD 105,000 - 115,000; Full time

Job summary

A global leader in alternative asset management located in New York is seeking an entry-level accountant. Responsibilities include assisting with month-end closings, analyzing profit and loss, and reporting fund performance to investors. Candidates should have a Bachelor’s degree and ideally 2-3 years of accounting experience, along with strong U.S. GAAP expertise. The position offers a competitive salary range of $105,000-$115,000.

Qualifications

• Bachelor’s degree required.
• 2-3 years of public and/or private accounting experience.
• Strong U.S. GAAP technical accounting expertise.

Responsibilities

• Assist with month-end close including NAV packages review.
• Analyze profit/loss and rate of return on a daily, weekly, and monthly basis.
• Report fund performance to investors weekly and monthly.

Skills

U.S. GAAP technical accounting expertise

Public and/or private accounting experience

Education

Bachelor’s degree

Job description

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About The Company Our client is a global leader in alternative asset management specializing in private equity, credit, and real estate investments. With a focus on value-oriented and opportunistic investing, it has built a reputation for acquiring and transforming complex or undervalued assets.

Responsibilities

• Assist with the month-end close process including the review of NAV packages prepared by the fund administrators


• Analyze profit/loss and rate of return on a daily, weekly and monthly basis


• Report fund performance to investors on a weekly and monthly basis


• Calculate management fees and incentive fees on hedge and PE style structures


• Report quarterly and annual accounting information to corporate accounting


• Review portfolio valuation and profit/loss attribution reporting for the funds


• Maintain detailed summary tracking expenditures across funds


• Complete internal daily, weekly, and monthly fund reporting

Requirements

• Bachelor’s degree required


• 2-3 years of public and/or private accounting experience


• Strong U.S. GAAP technical accounting expertise


• CPA a plus


• Previous experience working with credit instruments preferred

Salary Range

$105,000-$115,000

Seniority level

• Entry level

Employment type

• Full-time

Job function

• Accounting/Auditing and Finance

Industries

• Staffing and Recruiting