Fund Accounting Associate

Arrow Search Partners; Los Angeles (CA); On-site; USD 95,000 - 110,000; Full time

Job summary

A financial services firm is seeking an Accounting Associate in Los Angeles, CA. This entry-level position involves preparing fund financial statements, reconciling cash and transactions, and maintaining the general ledgers. Candidates should possess a Bachelor's degree in accounting and have 1-2 years of experience in public audit or tax. The salary range is competitive at $95,000-$110,000, offering an excellent opportunity for recent graduates looking to launch their careers in accounting.

Qualifications

• Bachelor’s degree in accounting required.
• 1-2 years of experience in public audit or tax partnerships.
• Strong understanding of GAAP and fund structures.

Responsibilities

• Assist in the preparation of monthly, quarterly, and annual fund financial statements.
• Reconcile cash, positions, and transactions across internal systems.
• Prepare supporting schedules for audits and tax filings.

Skills

Accounting principles

GAAP understanding

Excel proficiency

Education

Bachelor’s degree in accounting

Job description

Accounting Associate

About the Company

Our client is a privately held family office that manages a diversified portfolio of investments across public and private markets. The firm oversees long-term capital allocation, financial planning, and operational support for the family’s assets, with a focus on risk management and sustainable growth.

Responsibilities

• Assist in the preparation of monthly, quarterly, and annual fund financial statements
• Reconcile cash, positions, and transactions across internal systems and custodian records
• Support the calculation of NAVs, investor allocations, management fees, and performance fees
• Maintain general ledgers and support journal entry preparation and review
• Prepare supporting schedules for audits, tax filings, and regulatory reporting
• Coordinate with administrators, auditors, and other third-party service providers
• Assist with investor reporting, capital activity processing, and maintaining investor records
• Participate in process improvements, systems enhancements, and ad-hoc projects

Requirements

• Bachelor’s degree in accounting required
• 1-2 years of experience in public audit or tax partnerships
• CPA or parts passed
• Strong understanding of GAAP and fund structures
• Proficiency in Excel

Salary Range

$95,000-$110,000

Seniority Level

Entry level

Employment Type

Full-time

Job Function

Accounting/Auditing and Finance

Industries

Staffing and Recruiting

Location

Los Angeles, CA