Senior Fund Accountant

Abacus Group, LLC; Los Angeles (CA); Hybrid; USD 100,000 - 200,000; Full time

Job summary

An established industry player is seeking a Senior Fund Accountant to join their dynamic team in Los Angeles. This role offers a unique opportunity to work in investment management with a hybrid schedule, allowing for flexibility and work-life balance. The ideal candidate will have a strong accounting background, preferably with a CPA, and experience in managing financial records for private investment funds. You will be responsible for preparing financial reports, handling reconciliations, and collaborating with various stakeholders. This position not only offers competitive compensation but also a chance to grow in a thriving environment where your contributions will be valued.

Qualifications

• 3+ years of accounting experience with a strong preference for CPA certification.
• Experience with financial reporting and reconciliation for investment funds.

Responsibilities

• Prepare and manage the books and records of private investment funds.
• Produce financial reports and analyze performance metrics for partnerships.

Skills

Accounting Experience

Financial Reporting

Analytical Skills

Reconciliation Skills

Communication Skills

Education

Bachelor's Degree in Accounting

CPA Certification

Tools

Advent

Geneva

Job description

This range is provided by Abacus Group, LLC. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$100,000.00/yr - $200,000.00/yr

Our client is a leading investment management firm. They seek a Senior Fund Accountant to join their Los Angeles, CA office. This opportunity offers a hybrid work schedule and competitive salary and benefits.

Responsibilities

• Prepare the books and records of private investment funds
• Handle the accounting for and reconciliation of cash and investments
• Record and reconcile purchase and sale transactions
• Manage the accounting for complex corporate actions
• Estimate and post monthly closing accruals
• Calculate income and expense allocations to each partner
• Assess and prepare distributions and draw-downs
• Produce monthly, quarterly, and annual financial reports to clients
• Analyze performance metrics for partnerships and accounts
• Work with auditors, custodians, prime brokers, and fund administrators

Requirements

• 3+ years of accounting experience
• Combo with Big 4 accounting background
• CPA strongly preferred
• Skilled in Advent and Geneva preferred

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Accounting/Auditing

Industries

Investment Management