Fund Accounting Manager

Beyer & Kelley LLC; Palo Alto (CA); On-site; USD 100,000 - 150,000; Full time

Job summary

A reputable Private Equity Firm in Palo Alto is hiring a Fund Accounting Manager to oversee fund reporting and accounting processes. The successful candidate will have a background in VC/PE firms, strong attention to detail, and proficiency in Excel. Responsibilities include preparing financial statements, managing audits, and collaborating with various teams on investor inquiries. This position requires 4 to 6 years of relevant experience and offers a dynamic work environment.

Qualifications

• 4 to 6 years of experience in VC/PE or alternative investment firms.
• Understanding of partnership accounting is required.
• Experience in reviewing and preparing financial statements is required.

Responsibilities

• Review trial balances and workpapers.
• Assist in financial statement preparation for quarterly and annual reporting.
• Oversee annual audit and tax preparation work.

Skills

Strong attention to detail

Organizational skills

Strong communication skills

Proficiency in Excel

Ability to work under tight deadlines

Education

Bachelor’s degree in accounting

Tools

Excel

Word

Job description

Overview

Fund Accounting Manager with reputable Private Equity Firm.

Job Description

In this role, you will be responsible for the Fund reporting function in the Finance department. You will manage the day-to-day review and maintenance of accounting records for the investment funds (including affiliated funds and non-fee paying funds) financial reporting, implementation of process, procedures and controls for the fund close process, and assist with other ad hoc projects and tasks. You will work closely with the entire Finance team as well as our Fund Administrator. In addition, you will coordinate with various functional units, including investment team professionals, investor relations and compliance team, associated with investment process, investor inquiries and regulatory filings.

Responsibilities

• Review trial balances and workpapers
• Review and assist in financial statement preparation for Quarterly and Annual reporting to investors
• Review quarterly investor capital account statements
• Review and assist in preparation of capital call/distribution allocations and monitor related receipt and disbursements along with distribution waterfalls
• Review cash and portfolio reconciliations
• Oversee annual audit and tax preparation work
• Handle related annual compliance reporting items (CRS, FATCA, FAR, AIFMD, etc.)
• Assist in Investor related inquiries
• Collaborate with investment teams as needed regarding portfolio company investments
• Develop and implement accounting policies and procedures to enhance operational efficiency
• Working closely with our fund administrator on all fund related workstreams
• Fulfill a variety of projects to support the VP of Finance and CFO

Qualifications

• Bachelor’s degree with concentration in accounting - Certified Public Accountant preferred, but not required.
• 4 to 6 years of combined experience having worked within a VC/PE or other alternative investment firm, as well as audit experience at a public accounting firm with a focus on VC/PE clients.
• Understanding of partnership accounting is required
• Experience in reviewing and preparing general ledgers and financial statements is required
• Strong computer skills including proficiency in Excel and Word
• Strong attention to detail and organizational skills
• Ability to work under tight deadlines and handle multiple tasks simultaneously
• Strong communication and interpersonal skills