Fund Services Plus Supervisor - Private Equity

RSM US LLP; Denver (CO); On-site; USD 81,000 - 154,000; Full time

Benefits offered by this job

Competitive benefits

Job summary

RSM US LLP's Fund Services+ practice seeks a Supervisor to lead private equity and real estate fund administration engagements in Denver. You will prepare quarterly and annual financial statements, investor reporting packages, and manage day-to-day fund operations.

You will become proficient in the firm’s fund administration technology, onboard new clients, handle capital calls and distributions, work with auditors and tax providers, and mentor junior staff in a fast-paced setting.

Qualifications

• 4+ years of fund accounting or fund administration experience.
• Experience with private equity, real estate, or other alternative investment funds.
• Undergraduate degree in Accounting/Finance.
• CPA, CA, or progress toward certification preferred.

Responsibilities

• Prepare quarterly and annual financial statements and investor reporting packages.
• Facilitate day-to-day operating activities for fund administration: cash management, capital calls, distributions, and fee calculations.
• Become an expert user in the firm’s fund administration technology platform.
• Assist with onboarding new clients, setting up investors, investments, and reports.
• Prepare/caclop capital calls and distribution calculations in the technology platform.
• Maintain and update investor data; respond to adhoc inquiries from clients and LPs.
• Coordinate with external auditors and tax providers for year-end audits and tax information.
• Train junior staff as needed.

Skills

Fund accounting

Private equity funds

Real estate funds

Excel

Communication skills

Education

Bachelor's degree in Accounting/Finance

CPA or CA preferred

Tools

Allvue

Yardi

Investran

eFront

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 Supervisor 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.

• 4+ 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 a related field
• CPA, CA, or progress toward a relevant professional certification preferred
• Proficiency in Microsoft Office, including advanced working knowledge of Excel
• Experience with Allvue, Yardi, 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; pre-disposing genetic characteristics or any other characteristic protected under applicable federal, state or local law.

RSM does not intend to hire entry level candidates who will require sponsorship now OR in the future (i.e. F-1 visa holders). If you are a recent U.S. college / university graduate possessing 1-2 years of progressive and relevant work experience in a same or similar role to the one for which you are applying, excluding internships, you may be eligible for hire as an experienced associate.

RSM will consider for employment qualified applicants with arrest or conviction records. For those living in California or applying to a position in California, please click here for additional information.

At RSM, an employee’s pay at any point in their career is intended to reflect their experiences, performance, and skills for their current role. The salary range (or starting rate for interns and associates) for this role represents numerous factors considered in the hiring decisions including, but not limited to, education, skills, work experience, certifications, location, etc. As such, pay for the successful candidate(s) could fall anywhere within the stated range.

Compensation Range: $81,400 - $153,500

Individuals selected for this role will be eligible for a discretionary bonus based on firm and individual performance.