Fund Services Plus Senior Associate - Private Equity

rsm; Denver (CO); On-site; USD 120,000 - 170,000; Full time

Job summary

RSM is seeking a Senior to join our RSM Fund Services+ practice. You will prepare financial statements and investor reporting for private equity and real estate funds, and help manage daily fund administration activities.

You will work with cross-functional teams, onboard new clients, perform capital calls and distributions, and collaborate with auditors and tax professionals. CPA or progress toward certification is preferred.

Qualifications

• 2+ years of fund accounting or fund administration experience.
• Ability to interpret/apply the financial and operational terms of Limited Partnership Agreements for private equity funds.
• Undergraduate degree in Accounting, Finance, or related field.
• CPA, CA, or progress toward a relevant professional certification preferred.
• Proficiency in Microsoft Office, including strong working knowledge of Excel. Experience with fund administration platforms preferred.

Responsibilities

• Prepare quarterly and annual financial statements, financial statement footnotes, quarterly accounting workpaper packages and investor reporting packages.
• Prepare/facilitate the day-to-day operating activities for private equity and real estate fund administration clients, including cash management, wire setup, management fees, carried interest/waterfall calculations, subsequent closes, credit facility maintenance, deal funding, and expense payments.
• Become an expert user in the firm's fund administration technology platform.
• Assist with onboarding new clients, setting up the firm's investors, investments, new reports, LP reporting portal, etc.
• Prepare / facilitate capital calls and distribution calculations and execute these processes in the technology platform.
• Maintain and update investor data as needed.
• Respond to adhoc inquiries from clients and limited partners.
• Coordinate with the clients' external auditors and tax providers to assist with the year end audits and tax return information that is needed.
• Once established help to train other new/junior level staff members

Skills

Fund accounting

Financial analysis

Attention to detail

Communication skills

Time management

Education

Bachelor's degree in Accounting or Finance

Tools

Allvue

Investran

eFront

Yardi

Job description

We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, culture and talent experience and our ability to be compelling to our clients. You'll find an environment that inspires and empowers you to thrive both personally and professionally. There's no one like you and that's why there's nowhere like RSM.

Are you interested in joining an in-demand rapidly growing practice with experienced professionals of diverse backgrounds?

Do you enjoy serving and working collaboratively with your clients, and would you look forward to playing a vital role in supporting their businesses from an operational and financial reporting perspective?

Are you looking to enhance your technical knowledge of complex fund terms, technical accounting issues and fund structures in the private equity industry?

Are you looking for a career that will provide you with interesting and varied professional growth opportunities?

If so, RSM's Fund Services + is the right fit for you!

RSM is looking for a Senior to join our RSM Fund Services + practice. Changing economies, new accounting policies and evolving tax regulations mean that business and professional services firms face an ever-changing business landscape. With more than 80 years of industry expertise, RSM has helped thousands of firms to achieve their business objectives. At RSM, our deep industry experience and focus, as well as our competitive advantage through our cutting edge technology and innovation, defines our commitment to quality, making RSM a First Choice Advisor to our clients serving the financial services, technology, life sciences, and manufacturing industries.

Responsibilities:

• Prepare quarterly and annual financial statements, financial statement footnotes, quarterly accounting workpaper packages and investor reporting packages
• Prepare/facilitate the day-to-day operating activities for private equity and real estate fund administration clients, including cash management, wire setup, management fees, carried interest/waterfall calculations, subsequent closes, credit facility maintenance, deal funding, and expense payments
• Become an expert user in the firm's fund administration technology platform
• Assist with onboarding new clients, setting up the firm's investors, investments, new reports, LP reporting portal, etc.
• Prepare / facilitate capital calls and distribution calculations and execute these processes in the technology platform
• Maintain and update investor data as needed
• Respond to adhoc inquiries from clients and limited partners
• Coordinate with the clients' external auditors and tax providers to assist with the year end audits and tax return information that is needed
• Once established help to train other new/junior level staff members

Qualifications:

• RSM seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors.
• 2+ years of relevant fund accounting or fund administration experience, preferably supporting private equity, real estate, or other alternative investment funds
• Ability to interpret/applying the financial and operational terms of Limited Partnership Agreements for private equity funds
• Undergraduate degree in Accounting, Finance, or related field
• CPA, CA, or progress toward a relevant professional certification preferred
• Proficiency in Microsoft Office, including strong working knowledge of Excel Experience with Allvue or a comparable fund administration platform preferred
• Experience with fund accounting software such as Allvue, Investran, eFront, Yardi, or similar platforms preferred
• 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
• Ability to work in a dynamic, fast-paced environment and handle multiple projects

At RSM, we offer a competitive benefits and compensation package for all our people. We offer flexibility in your schedule, empowering you to balance life's demands, while also maintaining your ability to serve clients. Learn more about our total rewards at https://rsmus.com/careers/working-at-rsm/benefits.

All applicants will receive consideration for employment as RSM does not tolerate discrimination and/or harassment based on race; color; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender; sexual orientation; HIV Status; national origin; ancestry; familial or marital status; age; physical or mental disability; citizenship; political affiliation; medical condition (including family and medical leave); domestic violence victim status; past, current or prospective service in the US uniformed service; US Military/Veteran status; pr