Senior Fund Accountant

Tolleson Wealth Management; Dallas (TX); On-site; USD 70,000 - 110,000; Full time

Job summary

Tolleson Wealth Management in Dallas seeks an experienced fund accountant to support the accounting and administration of about 21 investment and private equity partnerships, including financial, tax, and regulatory reporting. You will reconcile fund cash and positions, track expenses and fees, and help prepare GAAP financial statements.

The role requires 3–5 years of general accounting experience, a BA/BS in Accounting, and strong Excel skills; CPA is preferred.

Qualifications

• Fund accounting experience including private equity funds or fund-of-funds preferred.
• Bachelor's degree in Accounting; CPA credentials are preferred.
• 3–5 years of general accounting experience; public accounting background a plus.
• Experience with Archway or similar fund accounting software is a plus.
• Strong Excel skills and deep knowledge of investment instruments.
• Excellent organizational, communication, and confidentiality abilities.

Responsibilities

• Assist Director, Fund Accounting in accounting and administration of ~21 partnerships with financial, tax and regulatory reporting.
• Prepare reconciliations of fund cash and positions; track expenses, accruals, and fees.
• Review fund valuations and calculate monthly and quarterly NAVs.
• Record transactions in the general ledger and reconcile key accounts.
• Prepare GAAP partnership financial statements and regulatory filings.
• Support capital activity cash management for PE funds; handle contributions and distributions.

Skills

Fund accounting

Excel proficiency

Attention to detail

Communication skills

Education

BA/BS in Accounting

CPA credentials preferred

Tools

Archway

Excel

Job description

• Work with Director, Fund Accounting on the accounting and administration of ~21 investment and private equity partnerships including financial, tax and regulatory reporting
• Prepare reconciliations of fund cash and investment positions to the prime broker/custodian accounts and track fund level expenses, accruals, management fees, and advisory service fee
• Review the fund portfolios valuation and calculate fund NAVs on monthly and quarterly basis
• Input transactions into the general ledger and reconciliation of key accounts on a monthly/quarterly basis
• Prepare Partnership GAAP basis financial statements
• Work with on preparation of various partnership related regulatory filings
• Assist with capital activity cash management for the ~17 private equity funds including contributions, distributions, capital calls and redemptions
• Respond to investor communications and requests
• Coordinate with and prepare supporting documentation for third party service providers, including audit and tax firms and internal tax team
• Assist with the evaluation and implementation of process efficiencies and improvements
• Other administrative duties as assigned by management
  
• Fund accounting experience including private equity fund of funds (FOF) and /or hedge funds preferred
• BA/BS in Accounting, CPA credentials are preferred
• 3-5 years of overall general accounting experience ideally with public accounting experience
• Experience in accounting software programs such as Archway preferred but not required
• High proficiency in Excel
• Accounting experience in various investment instruments including equities, fixed income, futures, private equity, mutual fund investments and/or derivative products
• Strong organizational skills with attention to detail and deadlines
• Excellent interpersonal/communication skills and ability to work with multiple departments within the firm and external service providers
• Ability to maintain extreme confidentiality in dealing with client matters
• Must consent to and have favorable consumer report and background check
  

DUTIES And RESPONSIBILITIES

• Work with Director, Fund Accounting on the accounting and administration of ~21 investment and private equity partnerships including financial, tax and regulatory reporting
• Prepare reconciliations of fund cash and investment positions to the prime broker/custodian accounts and track fund level expenses, accruals, management fees, and advisory service fee
• Review the fund portfolios valuation and calculate fund NAVs on monthly and quarterly basis
• Input transactions into the general ledger and reconciliation of key accounts on a monthly/quarterly basis
• Prepare Partnership GAAP basis financial statements
• Work with on preparation of various partnership related regulatory filings
• Assist with capital activity cash management for the ~17 private equity funds including contributions, distributions, capital calls and redemptions
• Respond to investor communications and requests
• Coordinate with and prepare supporting documentation for third party service providers, including audit and tax firms and internal tax team
• Assist with the evaluation and implementation of process efficiencies and improvements
• Other administrative duties as assigned by management

Minimum Position Requirements

• Fund accounting experience including private equity fund of funds (FOF) and /or hedge funds preferred
• BA/BS in Accounting, CPA credentials are preferred
• 3-5 years of overall general accounting experience ideally with public accounting experience
• Experience in accounting software programs such as Archway preferred but not required
• High proficiency in Excel
• Accounting experience in various investment instruments including equities, fixed income, futures, private equity, mutual fund investments and/or derivative products
• Strong organizational skills with attention to detail and deadlines
• Excellent interpersonal/communication skills and ability to work with multiple departments within the firm and external service providers
• Ability to maintain extreme confidentiality in dealing with client matters
• Must consent to and have favorable consumer report and background check

Other Essential Candidate Traits

• Willingness to learn and expand responsibility
• Detail-oriented and organized, with strong written/verbal communication skills
• Ability to meet a constant stream of deadlines
• Strong organization skills and ability to communicate upwards when competing priorities arise
• Ability to be proactive and anticipate issues; works quickly and proactively to solve them
• Willingness to learn, expand responsibility

Tolleson Wealth Management is an Equal Opportunity Employer