Fund Accounting Associate | PE & Alternative Assets

Arrow Search Partners; New York (NY); On-site; USD 115,000 - 135,000; Full time

Job summary

A global leader in asset management is seeking an Accounting professional in New York. This role involves monthly fund performance analysis, maintaining detailed expenditure summaries, and ensuring accurate financial reporting. The ideal candidate holds a bachelor's degree and has 3-5 years of relevant experience, with strong U.S. GAAP expertise and Excel skills. This full-time position offers a salary range of $115,000 to $135,000.

Qualifications

• Bachelor’s degree required.
• 3-5 years of public and private experience.
• Strong U.S. GAAP technical accounting expertise.

Responsibilities

• Assist with the month-end close process.
• Calculate management fees & incentive fees.
• Analyze the profit/loss and fund performance monthly.
• Report quarterly and annual accounting information.
• Maintain detailed summary tracking expenditures across funds.
• Prepare fund expenditures packages and wire transfer requests.
• Identify and analyze daily cash activity.
• Responsible for portfolio valuation review and P&L attribution.
• Coordinate the year-end audits.

Skills

Strong U.S. GAAP technical accounting expertise

Strong Excel skills

Experience working with asset-backed finance credit instruments

Big4 experience preferred

Experience with Investran

Experience with Altyrex

Experience with Anaplan

Experience with Power BI

Education

Bachelor’s degree

Job description

A global leader in asset management is seeking an Accounting professional in New York. This role involves monthly fund performance analysis, maintaining detailed expenditure summaries, and ensuring accurate financial reporting. The ideal candidate holds a bachelor's degree and has 3-5 years of relevant experience, with strong U.S. GAAP expertise and Excel skills. This full-time position offers a salary range of $115,000 to $135,000.