What are the responsibilities and job description for the Manager, Private Equity Fund Accounting position at KNM Resources?
Our client is looking for a dynamic individual to manage client accounting and support the growing private equity fund administration business. As a member of the team, this person may also play a role in training, system testing, fund onboarding and report development and maintenance. This position will interface with clients as well as the company’s investor services, operations management, client service and business analysts to service new and existing private equity funds and provide joint solutions to complex client issues.
Responsibilities:
• Manage the reporting process for the assigned clients ensuring accuracy and timeliness.
• Maintain and control the general ledger and various sub-ledgers
• Prepare and review partner capital statements
• Prepare and review limited partner and general partner allocations
• Prepare and review trial balances and supporting work papers
• Review capital activity that pertains to the funds including capital calls, distributions, and transfers
• Prepare and review fee calculations including (but not limited to) management fees, admin fees, waterfall clawback, and carried interest calculations
• Manage and monitor the timing and quality of client deliverables
• Interact with senior management and manage relationships for high profile clients
• Provide technical accounting/industry knowledge to clients
• Coordinate, manage, and monitor external audit process
• Review and interpret private equity fund client s partnership agreements and other materials
• Implementation and proper set up of fund structures on accounting system
• Identify system enhancements and reports to improve operational efficiency or client service, and reduce operational risk.
Salary : $120