Fund Services Leader: Private Equity & Onboarding

RSM US LLP; Irvine (CA); On-site; USD 119,000 - 239,000; Full time

Job summary

RSM US LLP in Irvine, CA, seeks a Manager to join our Fund Services Plus practice. You will act as day-to-day engagement manager for private equity fund administrations, leading capital calls, distributions, and reporting while developing the team and coordinating with offshore colleagues.

You’ll work with senior leaders to ensure quality, implement policies, and liaise with auditors and clients, shaping onboarding for Advisors/Funds and enhancing fund accounting operations.

Qualifications

• 7+ years of fund accounting experience in the private equity industry.
• Well versed in interpreting /applying the financial and operational terms of Limited Partnership Agreements for private equity funds.
• Undergraduate degree in Accounting.
• Graduate degree, CPA and/or CA are preferred.
• Proficient knowledge of Microsoft Office Suite (Excel, Word, PowerPoint).
• Proficient knowledge of fund accounting software, Allvue.
• Strong analytical skills, detail oriented and highly organized.
• Possesses a strong work ethic, personal and professional integrity, and a positive attitude.
• Strong oral and written communication and influencing skills.

Responsibilities

• Serve as the day-to-day engagement manager for fund administration engagements with a strong focus on private equity clients.
• Manage all aspects of the engagements including, capital calls, distributions, wires/cash management, quarterly reporting, and year end reporting.
• Manage, train and develop the Fund Services Plus team to assist with fund accounting, operational, and reporting deliverables.
• Liaise with leadership from our offshore affiliates and help coordinate the activities of the offshore team relating to Fund Services Plus fund administration engagements.
• Educate the US team on the various critical aspects in servicing fund administration clients.
• Heavy interaction with the clients to ensure all deliverables are met.
• Become an expert user in the firm’s fund administration technology platforms.
• Play an important role in quality control and ensure the implementation/adherence to policies and procedures for fund administration.
• Manage/assist in the review and preparation of the work paper supporting schedules for financial statement accounts.
• Coordinate fund level operating activities subsequent closes, fee calculations, including credit facility maintenance, deal funding, and investor funding.
• Coordinate with both internal and external auditors with all aspects of the annual audit.
• Manage/assist in the maintenance and review of the waterfall data and the development of carried interest calculations/models.
• Work with Legal and Compliance team to ensure compliance with various fund policies and procedures.
• Responsible for the prompt response to investors’ requests.
• Play a significant role in the onboarding process, including the design for client onboarding ‘center of excellence’ for onboarding new Advisors/Funds
• Assist with the testing and implementation of initiatives to improve and streamline fund accounting functions

Skills

Analytical skills

Detail oriented

Communication skills

Team leadership

Problem solving

Education

Undergraduate degree in Accounting

Graduate degree or CPA/CA preferred

Tools

Allvue

Microsoft Office

Job description

RSM US LLP in Irvine, CA, seeks a Manager to join our Fund Services Plus practice. You will act as day-to-day engagement manager for private equity fund administrations, leading capital calls, distributions, and reporting while developing the team and coordinating with offshore colleagues.

You’ll work with senior leaders to ensure quality, implement policies, and liaise with auditors and clients, shaping onboarding for Advisors/Funds and enhancing fund accounting operations.