Senior Fund Accountant

Gen II Fund Services; Dallas (TX); Hybrid; USD 80,000 - 100,000; Full time

Benefits offered by this job

Comprehensive benefits package

Discretionary bonus

Job summary

Gen II Fund Services is looking for a qualified individual for a fund accounting position in Dallas, Texas. The role involves examining accounting records, preparing financial statements, and analyzing investment documents. Candidates should have a bachelor's degree in Accountancy or Finance and at least 2 years of relevant experience.

The position offers a hybrid work schedule, combining in-office and remote work. The salary range is $80,000-$100,000, alongside a discretionary bonus and a comprehensive benefits package.

Qualifications

• 2+ years of experience in a private equity fund accounting position.
• Working knowledge of consolidations and allocation methods.

Responsibilities

• Examine and analyze accounting records for accuracy and reporting standards.
• Prepare and review financial statements with proper documentation.
• Analyze investment documents and set up necessary structures.

Skills

Knowledge of consolidations with non-controlling interest

Experience with realized and unrealized waterfall allocations

Ability to train new employees

Education

Bachelor’s degree in Accountancy, Economics and/or Finance

Job description

Primary Responsibilities

• Examine and analyze accounting records to assess accuracy, completeness, and conformance to reporting standards
• Review work-papers, prepare call and distribution letters, calculate carried interest, and allocate profits and losses in accordance with Fund Governing Agreement with special allocations for blocked or tax-exempt Partners
• Prepare Consolidated Financial Statements with footnotes
• Analyze investment documents and properly set up investment structures including holding companies, AIV’s and blockers
• Calculate current and deferred tax expense/benefit and related deferred tax assets/liabilities
• Train new employees and assist with new fund transition and/or set up

Job Requirements, Skills, Education and Experience

• Bachelor’s degree in Accountancy, Economics and/or Finance
• Must have working knowledge of consolidations with non-controlling interest
• Must have working knowledge of realized and unrealized waterfall allocations
• Must have 2+ years of experience in a private equity fund accounting position

The salary range for this position is $80,000-$100,000, in addition to a discretionary bonus and 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) day remotely.