Senior Fund Accounting Analyst – Private Equity (On-site NY)

Wafra; New York (NY); On-site; USD 90,000 - 120,000; Full time

Job summary

Wafra is seeking a Senior Associate of Fund Accounting to join the Operations team in New York. You will oversee daily fund operations and the accounting and financial reporting for a portfolio of complex Private Funds, including private equity funds and funds of hedge funds.

You will work with external fund administrators and analyze financial data. The role requires reviewing NAVs, fund documents, and fee calculations, ensuring accuracy and compliance with governing documents.

Qualifications

• CPA/CA is required.
• BA/BS in Accounting or Finance.
• Minimum 3-7 years of fund accounting experience/audit experience in private equity.
• BS/MS degree in Accounting or Finance.
• Detail-oriented, strong organization and communication skills.
• Solutions based mentality and approach to problem solving.
• Ability to thrive in a fast-paced, growing environment.
• Proficient with Microsoft suite of applications (Excel, Word, PowerPoint).
• Knowledge of private equity/hedge fund industry required.

Responsibilities

• Perform reviews over NAVs prepared by external fund administrators and verify investment positions and accuracy of transactions for a portfolio of complex private equity funds.
• Review fund governing documents, offering documents, subscription documents, side letters, and investment management agreements to ensure proper application of fund terms.
• Assist with review and validation of management fees and waterfall calculations to ensure their accuracy and compliance with fund governing documents.
• Monitoring of investment transactions, preparation of portfolio track record and analysis.
• Review ILPA compliant capital call and distribution notices, investor capital statements, and quarterly reports to investors.
• Perform review of financial statements and footnotes, ensuring consistency with relevant reporting framework.
• Perform carried interest allocation, analytics on carried interest movement, understand carried interest terms such as distribution waterfall and GP clawback.
• Ad-hoc reporting and deliverables.

Skills

Fund accounting

Private equity

Analytical skills

Communication

Attention to detail

Education

BA/BS in Accounting or Finance

BS/MS in Accounting or Finance

Tools

Excel

Word

PowerPoint

Job description

Wafra is seeking a Senior Associate of Fund Accounting to join the Operations team in New York. You will oversee daily fund operations and the accounting and financial reporting for a portfolio of complex Private Funds, including private equity funds and funds of hedge funds.

You will work with external fund administrators and analyze financial data. The role requires reviewing NAVs, fund documents, and fee calculations, ensuring accuracy and compliance with governing documents.