Our Client
Our client is a leader among global investment managers specializing in alternative investments, with $122 billion in assets under management as of June 30, 2020.
The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in credit, private equity, real assets and listed equities.
The firm has over 950 employees and offices in 19 cities
worldwide.
Specific Responsibilities
The Accounting Manager will be responsible for maintaining the books and records for various private partnerships and accounts, as well as reporting to clients and the portfolio group.
Responsibilities will include:
Preparing and maintaining the books and records of pooled private investment funds organized as limited partnerships and/or separate accounts; Accounting for and reconciliation of cash, investments and real property; Recording and reconciling of purchase and sale transactions; Accounting for complex corporate actions; Estimating and posting of monthly closing accruals; Calculating of income and expense allocations to each partner, including updating of distribution waterfall based on the terms of the governing documents; Determining and preparing distributions and draw-downs; Preparing of monthly, quarterly, and annual financial reports to clients; Analyzing and calculating of performance metrics for partnerships/accounts as well as for each investment; Coordinating with funds independent auditors, custodians, prime brokers and fund administrators; Performing other tasks as required.
Key Qualifications
Minimum 5 years relevant accounting or audit experience within Big Four public accounting or a mix of public accounting and investment management industry experience; Strong knowledge of reconciliation and account analysis; Excellent understanding of accounting and the ability to apply relevant investment company accounting rules; Solid analytical skills and ability to understand and resolve complex problems; and Proficiency in Microsoft Excel, Word and PowerPoint.