Fund Accounting Associate

LHH; Washington (District of Columbia); On-site; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a finance team member to enhance their investment accounting initiatives. This role offers a fantastic opportunity for growth within a global organization, where you will engage in diverse tasks such as preparing capital calls, managing financial reporting, and collaborating with various stakeholders. If you have a strong foundation in investment accounting and a desire to thrive in a dynamic environment, this position is perfect for you. Join a team that values your expertise and fosters professional development while contributing to impactful financial projects.

Qualifications

• 3-5+ years of experience in investment accounting or public accounting.
• Strong knowledge of GAAP and analytical skills are essential.

Responsibilities

• Prepare data flow, capital calls, and investment funding notices.
• Assist in preparing transaction memoranda and financial reporting.
• Support compliance with regulatory reports and client service needs.

Skills

Investment Accounting

Analytical Skills

Problem-Solving Skills

Communication Skills

Relationship Management

Education

Bachelor's degree in Business

Bachelor's degree in Finance

Bachelor's degree in Accounting

Bachelor's degree in Economics

CPA License

Job description

LHH is supporting a global private equity firm, headquartered in Washington DC, in their search for a finance team member to support initiatives across portfolio administration, fund accounting, and other special projects.

The role is a great professional opportunity for someone with a keen understanding of investment accounting, and a desire to grow in a global organization.

Key Responsibilities:

• Prepare data flow, capital calls, distributions, payments, and investment funding notices.
• Develop fund cash forecasts and coordinate the capital call process.
• Track fund-level utilization rates and prepare related reconciliations.
• Assist in preparing transaction memoranda and analyzing deal documentation.
• Prepare monthly, quarterly, and annual close packages for assigned funds across mandates.
• Reconcile and track investment activity, expenses, budgets, and management fees.
• Oversee financial reporting and draft footnote disclosures.
• Manage audit requests and prepare technical research papers.
• Collaborate with back-office functions and custody service providers.
• Support compliance with regulatory reports/filings.
• Assist in client service needs and the preparation of performance reports.
• Support internal controls processes and provide ad-hoc financial analysis.

Qualifications:

• Bachelor's degree in Business, Finance, Accounting, or Economics
• CPA license is preferred
• 3-5+ years of experience in investment accounting, or national public accounting experience supporting alternative asset management clients.
• Strong knowledge of GAAP; IFRS knowledge is a plus.
• Excellent mathematical, analytical, and problem-solving skills.
• Outstanding communication and relationship management skills.

For immediate consideration, please email your resume to [e-mail]

Equal Opportunity Employer/Veterans/Disabled.