Senior Fund Accountant

Larson Financial Group; Minneapolis (MN); Vor Ort; USD 90.000 - 120.000; Vollzeit

Benefits dieser Stelle

Profit Sharing Bonus Program

401(k) Employer Match up to 4%

Medical, Dental & Vision Insurance (HD

Zusammenfassung

Larson Capital Management, LLC is seeking a dynamic Senior Fund Accountant to join our private equity real estate fund team. The role covers daily reporting, valuations, and administration for multiple funds, with a focus on accuracy, controls, and timely deliverables.

You will prepare and review fund valuations, fee computations, and income allocations, coordinate annual audits, and liaise with fund managers, auditors, and service providers.

Qualifikationen

• Bachelor’s degree in accounting or finance.
• 5-7 years’ experience in PE fund accounting or administration.
• Knowledge of consolidations, eliminations, intercompany, investment, and fair value accounting.
• Experience with private equity funds and hedge funds structures.
• Strong communication and organizational skills with attention to detail.

Aufgaben

• Provide investment accounting support for a portfolio of private investment holdings.
• Prepare fund reconciliations of cash and investments and track fund level expenses and fees.
• Maintain Fund books and records in accordance with the Offering Memorandum and Constitutive Documents.
• Prepare draft of a fund’s annual financial statements with footnotes in accordance with GAAP and assist audits.
• Ongoing review and compliance with controls and procedures.
• Assist with business development, client reporting requests, and special projects.
• Assist internal development team with project invoicing and tracking equity provided.
• Prepare and review financial statements for development properties and reconcile with draw activity.

Kenntnisse

Strong communication skills

Organizational skills

Attention to detail

Ausbildung

Bachelor’s degree in accounting or finance

Tools

Yardi accounting software

Jobbeschreibung

Larson Capital Management, LLC, is seeking a dynamic fund accounting professional to perform daily reporting functions for multiple private equity real estate funds. The Senior Fund Accountant is responsible for the accounting, operations, and administration of assigned private investment funds managed by a premier Venture Capital firm. The firm also manages several asset classes, including private equity and growth equity. The Senior Fund Accountant position offers competitive pay, a generous bonus program and a comprehensive benefits package.

The Senior Fund Accountant is responsible for the preparation and review of hedge fund and private equity fund valuations, including portfolio valuation, fee computation, various accruals, and income allocations. In addition, the incumbent will be involved in the preparation and review of the annual audit reports, act as a direct liaison with the fund managers, auditors, and other related parties.

Responsibilities:

• Provide investment accounting support for a portfolio of private investment holdings.
• Prepare reconciliations of fund cash and investment positions to the prime broker/custodian accounts and track fund level expenses, accruals, management fees and incentive fees.
• Maintain Fund books and records in accordance with the Offering Memorandum and other Constitutive Documents.
• Prepare initial draft of a fund’s annual financial statements with footnotes in accordance with GAAP and provide audit assistance to independent audit firms during the fund’s annual review.
• Ongoing review and compliance with controls and procedures
• Assist with business development, client specific reporting/analysis requests, and special projects.
• Assist internal development team with development projects as needed (prepare invoices for fund reimbursements, provide total amount spent on projects as needed, track total equity provided).
• Prepare and review financial statements for development properties by working with internal development team as well as outside developer, reconciling developer TB with draw activity and incorporating into our financials.
• Review bank transactions before sending off for approval, including verifying wire/ACH instructions with outside parties.
• Calculate management fees billed to the funds and enter through AP system.

Requirements

• Bachelor’s degree in accounting or finance required
• 5-7 years’ experience in the PE fund accounting and / or administration
• Thorough knowledge of consolidations, eliminations, intercompany, investment, and fair value accounting.
• Experience with Yardi accounting software preferred but not required
• Background in accounting for various types of entities including private equity funds, hedge funds (Master Feeder Structures, Standalone Entities, Side by Side and Segregated Portfolios)
• Expertise in various investment instruments including equities, fixed income, options, futures, private equity, mutual fund investments and/or real estate
• Ability to excel in a fast paced, entrepreneurial environment
• Strong communication skills, organizational skills, and attention to details

Larson Capital Management offers a generous employee benefits & perks package:

• Profit Sharing Bonus Program
• 401(k) Employer Match up to 4%
• Medical, Dental & Vision Insurance (HDHP HSA plans are 100% paid for the employee)