Senior Associate, Asset Management Accounting

Cohen & Co; Cleveland (OH); On-site; USD 65,000 - 110,000; Full time

Benefits offered by this job

Total Rewards package

Bonuses

Job summary

Cohen & Co is seeking a skilled Fund Accountant to join our Client Delivery & Fund Operations team in Cleveland. You will provide outsourced fund accounting services to private equity funds and registered funds, maintaining books, calculating NAV, and allocating investor charges with precision.

Your work will involve collaborating with auditors, fund administrators, and clients, supporting new accounting standards, and mentoring junior staff in a fast-paced, client-facing environment that values

Qualifications

• Experience performing fund accounting functions including NAV calculations and investor reporting.
• Strong understanding of fund structures (private equity, registered funds).
• Proficiency in Microsoft Excel and fund accounting software; comfortable adopting new tools.

Responsibilities

• Maintain books and records for funds and management entities.
• Prepare NAV calculations, capital and investor allocations.
• Process and reconcile investment transactions, cash activity and positions.
• Prepare capital call and distribution notices and investor reporting.
• Perform monthly, quarterly and annual reconciliations and GL maintenance.
• Prepare fund financial statements per US GAAP.
• Assist with investor and management reporting; support audits.

Skills

Fund accounting

Fund structures knowledge

Excel proficiency

Technology adaptability

Education

Bachelor's degree in Accounting or related field

Tools

Fund accounting software

Job description

What You'll Do

Are you a detail-driven accounting professional ready to take your expertise to the next level with private equity funds, registered funds, and their management entities? At Cohen & Co, we prioritize a people-first culture and professional growth, giving you the opportunity to work directly with clients on meaningful, high-impact engagements.

What You'll Do

Are you a detail-driven accounting professional ready to take your expertise to the next level with private equity funds, registered funds, and their management entities? At Cohen & Co, we prioritize a people-first culture and professional growth, giving you the opportunity to work directly with clients on meaningful, high-impact engagements.

As a Fund Accountant on our Client Delivery & Fund Operations team, you will provide outsourced fund accounting services to funds and management entities, managing books and records, NAV calculations, and investor allocations with precision and compliance. This role offers exposure to complex fund structures, the chance to support audit and investor reporting processes, and the opportunity to grow your career within a collaborative, learning-focused environment where your contributions truly make an impact.

Client Delivery & Fund Operations

• Perform outsourced fund accounting functions, including maintaining books and records for funds and management entities.
• Prepare periodic net asset value (NAV) calculations, capital account allocations, and investor allocations (management fees, carried interest/incentive allocations).
• Process and reconcile investment transactions, cash activity, and portfolio positions.
• Prepare capital call and distribution notices and support investor/limited partner reporting.
• Perform monthly, quarterly, and annual reconciliations and general ledger maintenance.
• Prepare fund financial statements and related schedules in accordance with U.S. GAAP.
• Assist with the preparation of investor reporting packages and management reporting.
• Support the implementation of new accounting standards and internal accounting policies.
• Assist with audit processes by preparing schedules and responding to auditor inquiries.
  
  

Client Experience

• Serve as a day-to-day point of contact for assigned clients, ensuring timely and accurate delivery.
• Coordinate with client teams, fund administrators, custodians, and auditors.
• Build strong relationships with clients and internal stakeholders to foster trust, collaboration, and long-term partnerships.
• Manage timelines, deliverables, and client expectations to ensure high-quality service and satisfaction.
  
  

Team Leadership

• Support and mentor junior staff, contributing to a collaborative, knowledge-sharing culture.
• Identify process improvement and automation opportunities to increase efficiency.
• Promote collaboration, accountability, and professionalism across engagements in a fast-paced, client-facing environment.
  
  

Qualifications

Who You Are

• Bachelor's degree in Accounting or related field.
• Experience performing fund accounting functions, including NAV calculations, capital allocations, and investor reporting.
• Strong understanding of fund structures, including private equity and registered funds.
• Proficiency in Microsoft Excel and fund accounting software; comfort adopting new technology tools.
  
  

Preferred Experience

• CPA license or progress toward CPA.
• Experience with capital call and distribution notice preparation.
• Exposure to U.S. GAAP financial statement preparation for funds.
• Experience coordinating with fund administrators, custodians, and auditors.
  
  

Who We Are



Sure, we like numbers. (But we’ll never treat you like one.)

At Cohen & Co Our Foundational Principles Offer Insight Into How We Achieve An Inclusive, Growth-oriented Culture That Fuels The Success Of Our Firm, Our Clients And Our People. In Particular, We Honor Our Foundational Principle Of “great People First” By

• Championing the importance of diversity, equity and inclusion by embracing the unique stories, backgrounds, perspectives and ideas that come from our people; and
• Offering a comprehensive and competitive Total Rewardspackage, which allows each employee to use the benefits that best suits their needs. Our offerings go beyond standard options, including time off outside of your standard PTO to give back to the community, annual discretionary merit increases and bonuses, talent development resources to tap into growth opportunities, and so much more!
  
  

Learn More About Us!

• Discover our Passion, Purpose & Expertise
• Learn more about our Firm's culture
  
  

Estimated Base Range: $65,000-$110,000*

• Base compensation offered to candidates are determined based on factors such as candidate's relevant skillset, experience, licensure, and certifications, as well as job responsibilities, geography, market considerations, and organizational needs. At Cohen & Co, we don't stop at setting ourselves apart by offering competitive base compensation. As part of our 'great people first' foundational principle, our firm offers a comprehensive and competitive Total Rewards package that allows each employee to design a package that best suits their needs and goes beyond standard options, including time off outside of your standard PTO to recharge and give back to the community, annual discretionary merit increases and bonuses, talent development resources to tap into growth opportunities.
  
  

We are an equal opportunity employer and value diversity of thought and background to build an inclusive and energized culture and better meet the needs of our clients.

Here.