Fund Accounting Associate – Fund Administration

Jobtailor; Illinois; On-site; USD 65,000 - 90,000; Full time

Job summary

Jobtailor in the United States is seeking a fund accounting professional to maintain fund records and GL activity for investment funds. You will prepare bank reconciliations, assist with monthly and quarterly financial statements, and handle AP/Cash disbursements and investor communications.

The role involves maintaining investor capital accounts, assisting with management fees, and supporting audits. Candidates should have a Bachelor's degree and solid knowledge of fund structures and

Qualifications

• Bachelor's degree is required.
• Combination of related experience, education, and training may be accepted in lieu of degree
• Knowledge of investment fund structures, accounting principles, and industry technology platforms
• Ability to ensure compliance with applicable accounting standards
• Accounting and financial experience is preferred

Responsibilities

• Maintain fund accounting records and general ledger activity for investment funds
• Prepare bank, cash, and balance sheet reconciliations
• Assist with monthly, quarterly, and annual financial statement preparation
• Process accounts payable, cash disbursements, cash receipts, and other fund transactions
• Support capital call and distribution activities, including investor communications
• Prepare investor capital account statements and reporting packages
• Assist with management fee calculations and expense allocations
• Help coordinate audit support requests and prepare workpapers
• Research and resolve accounting issues while ensuring compliance with applicable accounting standards
• Build and maintain relationships with clients, investors, and internal team members
• Continuously develop knowledge of investment fund structures, accounting principles, and industry technology platforms

Skills

Fund Accounting

Financial Statement Preparation

Investment Fund Structures

Accounting Principles

Compliance with Accounting Standards

Accounts Payable Processing

Cash Reconciliation

General Ledger Activity

Audit Support

Relationship Building

Communication

Education

Bachelor's degree

Tools

Industry Technology Platforms

Job description

• Maintain fund accounting records and general ledger activity for investment funds
• Prepare bank, cash, and balance sheet reconciliations
• Assist with monthly, quarterly, and annual financial statement preparation
• Process accounts payable, cash disbursements, cash receipts, and other fund transactions
• Support capital call and distribution activities, including investor communications
• Prepare investor capital account statements and reporting packages
• Assist with management fee calculations and expense allocations
• Help coordinate audit support requests and prepare workpapers
• Research and resolve accounting issues while ensuring compliance with applicable accounting standards
• Build and maintain relationships with clients, investors, and internal team members
• Continuously develop knowledge of investment fund structures, accounting principles, and industry technology platforms

Requirements

• Accounting and financial experience is preferred
• Bachelor's degree is required
• Combination of related experience, education, and training may be accepted in lieu of degree
• Knowledge of investment fund structures, accounting principles, and industry technology platforms
• Ability to ensure compliance with applicable accounting standards

Core Competencies

Demonstrates expertise in fund accounting, financial statement preparation, and compliance with accounting standards. Proficient in managing investor communications and maintaining relationships with clients and internal teams.

Highest-signal resume keywords

• Fund Accounting
• Financial Statement Preparation
• Investment Fund Structures
• Accounting Principles
• Compliance with Accounting Standards

ATS Optimization Keywords

Hard Skills

• General Ledger Activity
• Bank Reconciliation
• Cash Reconciliation
• Accounts Payable Processing
• Cash Disbursements
• Cash Receipts
• Management Fee Calculations
• Expense Allocations
• Audit Support
• Accounting Issue Resolution

Soft Skills

• Relationship Building
• Communication

Industry Keywords

• Investment Funds
• Accounting Standards

Tools & Technologies

• Industry Technology Platforms