Management Company Accountant

Gen II Fund Services; New York (NY); Hybrid; USD 65,000 - 75,000; Full time

Job summary

Gen II Fund Services, LLC is seeking an Accountant to support its Management Company services department in New York. The role handles banking reconciliations, fixed assets, payroll, and accounts payable activities while assisting monthly close and financial statements.

The ideal candidate holds a Bachelor's degree in Accounting and has 1–3 years of experience, preferably in public accounting or financial services, with strong Excel and Office skills.

Qualifications

• Bachelor’s degree in Accounting or related field.
• 1-3 years of experience, preferably in public accounting and/or in the financial services sector.
• Proficiency with Microsoft Office Suite and the ability to design spreadsheets. Possess solid Excel skills.

Responsibilities

• Perform cash transaction processing and accounting including bank reconciliations
• Perform fixed asset and prepaid expense accounting
• Perform payroll accounting including reconciliations to payroll provider records
• Participate in the accounts payable process in including invoice and journal entry review in partnership with accounts payable team
• Assist senior team members with the completion of the monthly accounting cycle including journal entry preparation for expense accruals, equity-related activities and other transactions
• Assist with the preparation of financial statements, footnote disclosures and workpaper creation
• Assist with the annual Form 1099 process
• Assist with new client set-up
• Complete “ad-hoc” and special projects as needed
• Liaise with client’s third-party auditors and tax accountants

Skills

Detail-oriented

Multi-tasking

Analytical thinking

Communication skills

Time management

Education

Bachelor’s degree in Accounting or related field

Tools

Sage Intacct

Microsoft Excel

Microsoft Office Suite

Payroll systems

Job description

Gen II is seeking an Accountant to join its Management Company services department. This role requires a detailed and organized individual with the ability to manage several accounting projects simultaneously in a timely manner. The role will be assigned to multiple private equity sponsors supporting the financial accounting and reporting requirements of their management companies.

Primary Responsibilities Will Include:

• Perform cash transaction processing and accounting including bank reconciliations
• Perform fixed asset and prepaid expense accounting
• Perform payroll accounting including reconciliations to payroll provider records
• Participate in the accounts payable process in including invoice and journal entry review in partnership with accounts payable team
• Assist senior team members with the completion of the monthly accounting cycle including journal entry preparation for expense accruals, equity-related activities and other transactions
• Assist with the preparation of financial statements, footnote disclosures and workpaper creation
• Assist with the annual Form 1099 process
• Assist with new client set-up
• Complete “ad-hoc” and special projects as needed
• Liaise with client’s third-party auditors and tax accountants

Job Requirements, Skills, Education and Experience:

• Bachelor’s degree in Accounting or related field
• 1-3 years of experience, preferably in public accounting and/or in the financial services sector
• Proficiency with Microsoft Office Suite and the ability to design spreadsheets. Possess solid Excel skills
• Ensure accuracy of financial books and records
• Analytic thinker and problem solver. Offer solutions and recommendations to management team
• Ability to thrive in a fast-paced environment and manage multiple priorities
• Experience with Sage Intacct a plus
• Heightened attention to detail, highly organized and efficient
• Strong written and oral communication skills
• Self-motivated individual with excellent inter-personal skills
• Solid understanding of accounting theory and willingness to learn
• Works well in a collaborative environment

The salary range for this position is $65,000-$75,000, in addition to a comprehensive benefits package. Please note that the actual salary offered within that range will depend on the candidate’s experience level.

Work Arrangement

All applicants applying to Gen II Fund Services, LLC must be legally authorized to work in the United States. Please note that all US employees are required to work a hybrid schedule, comprised of three (3) days a week in our office and two (2) days remotely.

About The Company

Gen II Fund Services, LLC is one of the largest global independent private equity fund administrators, administering over $1 trillion of private capital on behalf of its clients with 14 offices across the US, Canada and Europe. Gen II offers private fund sponsors a best-in-class combination of people, process, and technology, enabling fund sponsors to effectively manage their operational infrastructure, financial reporting, and investor communications. The Gen II team is the most experienced and longest tenured team in the private equity fund administration industry, with broad expertise across buyout, funds of funds, real estate, energy, infrastructure, credit, co-investment, hybrid funds, feeder funds, venture capital, retail, and managed accounts.

Key Facts

• Administering over $1T in assets
• Servicing nearly every significant investor in the asset class
• Institutional grade infrastructure and SSAE 18 (SOC-1, Type 2) certification, ensuring confidence in our processes and operating model
• The most experienced and best performing team in the industry