Senior Associate - Private Equity and Hedge Fund Accounting (CFO Services)

IQ-EQ; Los Angeles (CA); On-site; USD 80,000 - 100,000; Full time

Job summary

An established industry player is seeking a dedicated professional to join their Client Services team. In this dynamic role, you will collaborate with clients and service providers to deliver top-notch outsourced CFO services tailored for Hedge Funds and Private Equity Funds. Your responsibilities will include preparing financial statements, maintaining accounting practices, and providing operational support. This innovative firm offers a remote work opportunity, allowing you to thrive in a flexible environment while contributing to impactful financial projects. If you are passionate about accounting and eager to make a difference, this is the perfect opportunity for you.

Qualifications

• 4+ years in alternative investment management industry required.
• Experience in public accounting is a plus.

Responsibilities

• Liaise with clients and external auditors to deliver CFO services.
• Prepare financial statements and maintain accounting practices.

Skills

Accounting

Analytical Skills

Communication Skills

Organizational Skills

Attention to Detail

Multitasking

Education

Bachelor's Degree in Accounting

CPA

Tools

Microsoft Office Suite

QuickBooks

OpenAir

Expensify

Job description

Job Responsibilities:

1. Liaise with clients, external auditors, administrators, HR/payroll, and other service providers.
2. Work with clients to deliver outsourced CFO and related services to Hedge Funds and Private Equity Funds.
3. Collaborate with team members and clients, providing daily operational support.
4. Assist with the creation of financial models, budgets to actuals, provide ad hoc financial analysis, and participate in projects.
5. Review NAVs, allocations, investor statements, and reconciliations.
6. Review and/or prepare expense and accrual schedules, management fee calculations, and incentive allocations.
7. Prepare financial statements for funds and management companies.
8. Maintain accounting practices for assigned clients.
9. Research accounting principles and advise teams or clients as needed.
10. Assist in evaluating current financial and accounting processes for new clients, propose improvements, and help coordinate implementation.
11. Assist in opening clients' brokerage and bank accounts.
12. Arrange, coordinate, and participate in weekly, monthly, or as-needed conference calls.

Qualifications:

• Bachelor's Degree in Accounting; CPA preferred.
• At least 4 years of experience in the alternative investment management industry (hedge fund, private equity, venture capital, real estate).
• Public accounting experience is a plus.
• Excellent organizational, interpersonal, and communication skills.
• Attention to detail and ability to multitask.
• Passionate about working in a dynamic, entrepreneurial environment.
• Hardworking, self-starter, dedicated, punctual, and personable.
• Strong accounting and analytical skills.
• Ability to define problems, collect data, establish facts, and draw valid conclusions quickly and competently.
• Proficiency in Microsoft Office Suite; familiarity with QuickBooks, OpenAir, Expensify is a plus.

Additional Information:

Salary based on experience and location: $80,000 - $100,000, with a full benefits package offered.

Remote work opportunity available.

Employment Type: Full-time

Department / Functional Area: Client Services