Senior Fund Accountant

Green Key Resources; Los Angeles (CA); On-site; USD 110,000 - 170,000; Full time

Job summary

Green Key Resources is seeking a Senior Fund Accountant for a large alternative asset manager in Los Angeles. The role supports accounting, financial reporting, and operations for private investment funds, partnering with treasury, investment operations, external fund administrators, auditors, and tax professionals to ensure accurate fund accounting and investor reporting.

Key duties include reviewing capital activity and fee calculations, preparing quarterly unaudited and annual financial

Responsibilities

• Review investor capital activity, including capital call calculations, distribution allocations, and related investor notices.

Job description

Hiring for a Senior Fund Accountant at a large alternative asset manager:

The Senior Fund Accountant is responsible for supporting the accounting, financial reporting, and operational activities of the firm's private investment funds. This role partners closely with Fund Accounting, Treasury, Investment Operations, Corporate Accounting, external fund administrators, auditors, and tax professionals to ensure the accurate and timely execution of fund accounting processes, investor reporting, and financial statement preparation.

Key Responsibilities

Fund Accounting & Financial Reporting

• Review investor capital activity, including capital call calculations, distribution allocations, and related investor notices.
• Review management fee, incentive fee, and performance fee calculations.
• Assist in the preparation and review of quarterly unaudited and annual audited financial statements in accordance with U.S. GAAP and/or IFRS.
• Review quarterly investor performance reporting and supporting schedules.
• Review partner allocations, capital account statements, and investor reporting packages.
• Review audit workpapers and supporting documentation while coordinating with external auditors throughout the annual audit process.
• Analyze partnership agreements to ensure accurate accounting treatment, investor allocations, and reporting requirements.
• Review carried interest calculations and distribution waterfalls to ensure compliance with governing agreements.

Cash Management & Fund Operations

• Monitor daily fund cash activity, including cash reconciliations, wire transfers, and liquidity forecasting.
• Prepare and review daily cash projections to support fund operations and investment activity.
• Coordinate with Treasury and Investment Operations to support funding requirements, capital deployments, and transaction settlements.
• Assist the investment team during transaction closings by reviewing allocations, responding to information requests, and supporting investment-related reporting requirements.

Fund Administration & Cross-Functional Collaboration

• Serve as a primary liaison with third-party fund administrators to ensure timely and accurate delivery of accounting records, financial reporting, and investor communications.
• Partner with Corporate Accounting, General Partners, and internal stakeholders to resolve accounting and reporting inquiries.
• Support the Tax team by reviewing fund and investor Schedule K-1 information and assisting with tax-related payments and reporting requirements.
• Respond to investor inquiries professionally and efficiently, providing exceptional client service.

Additional Responsibilities

• Identify opportunities to improve accounting processes, reporting accuracy, and operational efficiency.
• Maintain compliance with internal controls, accounting policies, and partnership agreements.
• Participate in special projects and perform additional responsibilities as assigned.