What are the responsibilities and job description for the Fund Accountant position at Abacus Group, LLC?
Our client is a global investment firm. They seek a Fund Accountant to join their Manhattan, NY office.
Responsibilities
- Collaborate with internal teams to calculate period-end net asset values for investment vehicles
- Allocate returns and balances for investors across domestic, international, and specialized fund structures
- Compile and review periodic financial statements and support external audit activities
- Calculate management and performance-based fees, including waterfall models for alternative investments
- Coordinate with valuation specialists to assess private equity holdings and portfolio pricing
- Reconcile investment positions, cash accounts, and related ledger activity for accuracy
- Process investor transactions, including contributions, distributions, subscriptions, and redemptions
- Engage with external service providers globally, including administrators, auditors, and legal counsel
- Support regulatory filings, compliance obligations, and investor reporting requests
- Participate in implementing and enhancing accounting systems, processes, and internal policies
Requirements
- 2-4 years of fund accounting experience
- Private equity, real estate fund, or hedge fund experience
- Strong understanding of fund structures
- Experience with NAV calculation, investor allocation, and financial statement preparation
- Understanding of regulatory reporting requirements
- Excellent communication skills
- CPA is preferred
JobID: 47997
Salary : $105,000 - $120,000