Senior Manager - Fund Accounting

The Senior Manager, Fund Team is responsible for overseeing the day-to-day operations of client Funds and communicate directly with the General Partners of the Funds. This position will require regular interaction with clients, team members and management. This position requires a mastery of complex private equity accounting skills, the ability to oversee the complete financial reporting and capital call/distribution process and direct oversight of associates. This position serves as a resource to other members of the team, in addition to Senior Management, providing guidance, coaching, training and additional support as needed.

ESSENTIAL DUTIES AND RESPONSIBILTIES

• Proven ability to develop strong relationships on a global level (i.e., Executive, HR, Recruitment and Finance);
• High degree of client satisfaction including with work quality and overall client satisfaction;
• Assist in business development and marketing efforts including conferences, marketing calls and marketing meetings;
• Involvement in company-wide technical training initiatives and a demonstrated ability of this at the team level required;
• Partner with Director on additional work for existing contracts or on new pricing contracts and proactively provide suggestions on client pricing when applicable;
• Oversee the preparation and distribution of quarterly financial statements to the Limited Partners to report information regarding the performance of the Fund;
• Oversee the preparation of schedules to support the general ledger balances reported in the financial statements;
• Calculate, prepare, and distribute capital call notices to the Limited Partners to notify them when contributions are due;
• Understand and interpret terms set forth within the Limited Partnership Agreement;
• Calculate and review complex waterfall structures;
• Complete required regulatory forms to ensure the Fund complies with specific regulation requirements;
• Calculate and distribute proceeds to Limited Partners to return capital owed to them;
• Communicate directly with the General Partners and respond promptly to their requests to provide them with the information they require;
• Review investment packages to confirm the securities purchased are wired to the correct beneficiary and are for the appropriate amounts;
• Calculate management fees owed to the Management Company for the investment and portfolio management services they provide to the Fund;
• Interact with auditors and provide them with reports/support to assist them during the audit;
• Complete audit confirmations to satisfy procedures performed for the audits of the Limited Partners;
• Ability to multi-task between different tasks, client deliverables and internal demands throughout the day;
• Provide supervision, guidance and coaching to the team, including regular training support as needed;

KNOWLEDGE AND SKILLS

• Advanced 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;
• Preferred experience with budgeting, allocations, capacity and gross profit files;
• Demonstrated networking ability with potential and/or current clients;
• Ability to train and retain management (Associate Management, Management) and oversee several teams with various client profiles;
• 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

• 8 years’ (relevant) experience in PE, Accounting or related field;
• 8 years’ supervisory experience in the following: performance management (including coaching, progressive discipline, performance review delivery etc.), training, talent acquisition and retention;
• 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;
• Experience in forecasting and budgeting during an accelerated growth period;
• 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 and;
• Ability to work in a fast-paced environment and handle/manage multiple team and individual priorities and deadlines.