Senior Fund Accountant

Ultimus LeverPoint Private Fund Solutions; Philadelphia (Philadelphia County); On-site; USD 70,000 - 95,000; Full time

Job summary

A financial services company in Philadelphia is seeking a Senior Accountant (Fund) to oversee client accounts and lead a team. Responsibilities include reviewing financial statements, managing client queries, and executing capital calls. Candidates should have a Bachelor’s degree in Accounting and 2-5 years of experience. The role offers a competitive salary range of $70,000 - $95,000 per year.

Qualifications

• 2 – 5+ years’ relevant experience in Accounting or Finance preferred.
• Ability to multitask and manage time effectively.
• Ability to communicate professionally with clients.

Responsibilities

• Coordinate and delegate client work as Team Lead.
• Review daily cash transactions and quarterly financial statements.
• Assist in onboarding new clients.

Skills

Accounting principles

Client service skills

Organizational skills

Advanced computer skills

Problem-solving abilities

Education

Bachelor’s Degree in Accounting or related field

Certified Public Accountant (CPA)

MBA or MSA in Accounting

Tools

Microsoft Office Suite

Investran or other partnership accounting software

Job description

Senior Accountant (Fund)

Senior Accountant (Fund) is responsible for coordinating and delegating the overall day-to-day work of their particular clients. This position acts as a “Team Lead” to ensure that the day-to-day work and deadlines are completed as scheduled. Senior Accountant (Fund) responsibilities consist of reviewing daily cash transactions, reviewing the general ledger for client funds, reviewing quarterly financial statements and related schedules, and responding to client and investor requests. This position will require regular interaction with clients, team members and management.

Essential Duties and Responsibilities

• Review of journal entries and maintenance of general ledger and/or preparation of entries where necessary;
• Review of quarterly and annual reporting packages prior to management approval;
• Review of quarterly and annual financial statements prior to management approval;
• Review of capital calls and distributions prior to management approval;
• Coordinate the delivery of capital call and distributions notices to clients and the investors;
• Review of correspondence with client investors to address inquiries as needed;
• Communicate with clients to establish deadlines for quarterly and annual deliverables in accordance with clients’ LPA requirements;
• Review all team wires/transfers prior to treasury approval and sign off;
• Prepare/review moderate to complex waterfall calculations and management fee calculations;
• Assist in the development and training of new team members as required;
• Coordination and completion of special projects as directed by the client or as directed by management as assigned;
• Assist with new client onboarding;

Knowledge and Skills

• Sound knowledge of accounting principles, methods, procedures, internal controls with the ability to exercise good judgement in selecting and interpreting information;
• Excellent client service skills with an aptitude to understand the clients’ business and maintain strong client relationships;
• Dedication and motivation to achieve high standards of client service and professional in the performance of duties;
• Ability to organize and prioritize work, assisting in the coordination of the work of other team members as needed;
• Advanced computer and technical skills, including the use of MS Office Suite and other financial systems;
• Ability to effectively provide team members and others with information, training, and assistance as needed;
• Ability to understand and carry out moderately complex accounting procedures and analysis; preparation of work papers; general knowledge of financial reporting;
• Demonstrate sound research, interpretive and problem-solving abilities.

Qualifications

• 2 – 5+ years’ (relevant) experience in Accounting, Finance, or related field preferred;
• Minimum of a Bachelor’s Degree in Accounting or related field;
• Advanced degree (MBA or MSA) in Accounting or related field strongly preferred;
• Certified Public Accountant (CPA) license is strongly preferred.
• Proficient in Microsoft Office Suite with knowledge of Investran or other partnership accounting software a plus;
• Ability to multitask, time management, attention to detail, planning and problem-solving skills required;
• Ability to communicate and interact professionally and effectively through written and oral communication with current and potential clients;
• Ability to work in a fast-paced environment and handle/manage multiple team and individual priorities and deadlines.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Accounting/Auditing

Industries

• Accounting, Banking, and Financial Services

Ultimus LeverPoint Private Fund Solutions provided pay range

This range is provided by Ultimus LeverPoint Private Fund Solutions. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$70,000.00/yr - $95,000.00/yr