Senior Fund Services Associate — Private Equity

RSM US LLP; Philadelphia (Philadelphia County); On-site; USD 70,000 - 132,000; Full time

Job summary

RSM is seeking a Senior to join our Fund Services+ practice in Philadelphia. You will prepare quarterly and annual financial statements, footnotes, and investor reporting packages for private equity and real estate funds, and support day-to-day operating activities such as cash management, capital calls, and distributions.

The role requires 2+ years of fund accounting experience in top firms, an undergraduate degree in accounting, and CPA/CA preferred.

Qualifications

• 2+ years of Big 4 or national accounting firms fund accounting experience in the private equity industry
• Ability to interpret/apply the financial and operational terms of Limited Partnership Agreements for private equity funds
• Undergraduate degree in Accounting
• CPA and/or CA preferred
• Proficient knowledge of Microsoft Office Suite (Excel, Word, PowerPoint)
• Allvue knowledge a large PLUS!
• Proficient knowledge of fund accounting software (Investran, E-Front, etc.)
• Strong analytical skills, detail oriented and highly organized
• Possesses a strong work ethic, personal and professional integrity, and a positive attitude
• Strong oral and written communication and influencing skills
• Ability to work in a dynamic, fast-paced environment and handle multiple projects

Responsibilities

• Prepare quarterly and annual financial statements, financial statement footnotes, quarterly accounting workpaper packages and investor reporting packages
• Prepare/facilitate the day-to-day operating activities for private equity and real estate fund administration clients, including cash management, wire setup, management fees, carried interest/waterfall calculations, subsequent closes, credit facility maintenance, deal funding, and expense payments
• Become an expert user in the firm's fund administration technology platform
• Assist with onboarding new clients, setting up the firm's investors, investments, new reports, LP reporting portal, etc.
• Prepare / facilitate capital calls and distribution calculations and execute these processes in the technology platform
• Maintain and update investor data as needed
• Respond to adhoc inquiries from clients and limited partners
• Coordinate with the clients' external auditors and tax providers to assist with the year end audits and tax return information that is needed
• Once established help to train other new/junior level staff members

Skills

Fund accounting experience (Big 4)

Analytical skills

Communication skills

Multi-project handling

Education

Undergraduate degree in Accounting

CPA/CA preferred

Tools

Allvue

Investran

E-Front

Microsoft Office

Job description

RSM is seeking a Senior to join our Fund Services+ practice in Philadelphia. You will prepare quarterly and annual financial statements, footnotes, and investor reporting packages for private equity and real estate funds, and support day-to-day operating activities such as cash management, capital calls, and distributions.

The role requires 2+ years of fund accounting experience in top firms, an undergraduate degree in accounting, and CPA/CA preferred.