Senior Manager, Closed End Fund Accounting - Intrepidus Talent Solutions

Our client is a leader among global investment managers specializing in alternative investments, with $193 billion in assets under management. 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 1200 employees and offices in 23 cities worldwide.

They are committed to cultivating an environment that is collaborative, curious, inclusive and honors diversity of thought. Providing training and career development opportunities and emphasizing strong support for our local communities through philanthropic initiatives are essential to their culture.

The Senior 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:

• Preparation and maintenance of the books and records of pooled private investment funds organized as limited partnerships and/or separate accounts
• Preparation and/or review of complex management fee and waterfall calculations
• Recording and reconciliation of cash, investments and other balance sheet accounts
• Recording of purchase and sale transactions
• Accounting for complex corporate actions
• Estimating and posting of accruals
• Preparation and/or review of allocations 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 drawdowns
• Preparation monthly, quarterly, and annual financial reports
• Analyzing and calculating 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.

Qualifications

• Bachelor’s degree in accounting or finance.
• CPA preferred.
• Minimum 7 years relevant accounting or audit experience within 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.
• Self-motivated with strong attention to detail and excellent work ethic
• Great organizational skills and is able to handle complicated work efficiently and effectively
• Takes initiative to ask questions and detect problems
• Superior written and verbal communication skills with the ability to work effectively both individually and as a team; and
• Ability to understand and resolve complex problems.

Base Salary Range

$105,000 - $160,000

In addition to a competitive base salary, you will be eligible to receive discretionary bonus incentives, a comprehensive benefits package and a flexible work arrangement. The base salary offered will be commensurate with experience and/or qualifications, industry knowledge and expertise, as well as prior training and education.