Management Company Accountant

Private Equity; United States; On-site; USD 70,000 - 90,000; Full time

Job summary

Private Equity in Midtown Manhattan is seeking a Staff Accountant to own day-to-day transaction processing for the management company and related entities. You will be the go-to person for payables, employee expenses and core accounting, and help move the firm to cloud-based finance systems.

Responsibilities include full AP cycle, expense reviews, journal entries, month-end close, reconciliations and vendor master data upkeep.

Qualifications

• Bachelor's degree in Accounting or related field.
• 5+ years accounting experience, ideally in private equity, hedge fund, family office, asset manager or professional services.
• Hands-on experience with accounts payable, expense reporting and the month-end close.
• Experience with multiple entities and expense allocations.
• Familiarity with cloud ERP and spend management tools (NetSuite, Ramp, Concur, Bill.com or similar).
• Strong attention to detail and ownership; clear communicator with senior staff.

Responsibilities

• Manage the full accounts payable cycle for the management company and affiliated entities: invoice review, coding, approvals, and wire/ACH payments.
• Review employee expense reports and corporate card activity for policy compliance and accurate coding.
• Prepare journal entries and support month-end/year-end close, including accruals and allocations across entities.
• Perform bank and balance sheet reconciliations.
• Maintain controls over payments and vendor data; verify vendor banking changes.

Skills

Accounts payable

Month-end close

Financial reporting

Education

Bachelor's degree in Accounting

Tools

NetSuite

Ramp

Concur

Bill.com

Job description

A growing, multi-billion-dollar private equity firm based in Midtown Manhattan. As the firm adds new funds and team members, its finance team is expanding and modernizing how it works. This is a chance to join a lean, collaborative group at an important time in its growth, with visibility to the CFO and senior leadership.

The role

The firm is hiring a Staff Accountant to own day-to-day transaction processing for the management company and its related entities. You'll be the go-to person for payables, employee expenses and core accounting, and you'll play a central part in the firm's move to modern cloud-based finance systems. This role suits someone who likes owning a defined set of processes, running them well, and finding ways to improve them.

Responsibilities

• Manage the full accounts payable cycle for the management company and affiliated entities: invoice review, coding, approvals, and wire and ACH payment processing
• Serve as first-line reviewer of employee expense reports and corporate card activity, ensuring policy compliance, accurate GL and entity coding, and complete documentation
• Prepare journal entries and support month-end and year-end close, including accruals, prepaids, and expense allocations across multiple entities
• Perform bank and balance sheet reconciliations
• Maintain strong controls over payments, including callback verification for vendor banking changes and vendor master data upkeep
• Support the firm's migration to a new ERP and spend management platform, then administer those systems day to day
• Identify and implement process improvements and automation opportunities
• Manage 1099 reporting and vendor onboarding
• Support annual audits and tax preparation by providing schedules and documentation
• Partner with the CFO, finance team, deal professionals and administrative staff on ad hoc projects

Qualifications

• Bachelor's degree in Accounting or a related field
• 5+ years of accounting experience, ideally at a private equity firm, hedge fund, family office, asset manager or professional services firm
• Hands-on experience with accounts payable, expense reporting and the month-end close
• Experience with multiple entities and expense allocations strongly preferred
• Familiarity with cloud ERP and spend management tools (NetSuite, Ramp, Concur, Bill.com or similar) is a plus. Experience with a system implementation or conversion is a big plus.
• Strong attention to detail and a strong sense of ownership
• Clear communicator, comfortable working with senior people across the firm