Private Equity Fund Accountant - 100% Remote - Daley and Associates
New York, NY
About the Job
Private Equity Fund Accountant - 100% Remote
We are currently seeking an experienced Private Equity Fund Accountant with over 10 years of experience in managing accounting functions related to private equity funds. This role will require a strong understanding of fund structures, financial reporting, and regulatory compliance within the private equity sector. You will play a critical role in ensuring accurate financial statements, overseeing capital call processes, investor reporting, and liaising with auditors and other stakeholders.
This is a 6+ month contract opportunity, paying up to $85/hour.
Key Responsibilities:
Qualifications:
If you are interested in this opportunity, please send your resume to Allie at aross@daleyaa.com.
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IND123
We are currently seeking an experienced Private Equity Fund Accountant with over 10 years of experience in managing accounting functions related to private equity funds. This role will require a strong understanding of fund structures, financial reporting, and regulatory compliance within the private equity sector. You will play a critical role in ensuring accurate financial statements, overseeing capital call processes, investor reporting, and liaising with auditors and other stakeholders.
This is a 6+ month contract opportunity, paying up to $85/hour.
Key Responsibilities:
- Fund Accounting: Maintain the general ledger, reconcile accounts, and manage the accounting process for multiple private equity funds.
- Financial Reporting: Prepare and review quarterly and annual financial statements in accordance with US GAAP or IFRS, ensuring compliance with all applicable standards.
- Capital Calls & Distributions: Oversee the capital call and distribution process, ensuring accuracy and timeliness.
- Valuation: Work with the investment team and external valuation experts to ensure proper valuation of portfolio assets.
- Investor Relations: Prepare investor capital account statements, and assist with investor queries, providing them with timely and accurate financial information.
- Compliance & Tax: Ensure compliance with relevant accounting standards, tax regulations, and fund documentation. Work closely with tax professionals on fund tax matters.
- Audits: Coordinate with external auditors, preparing necessary documentation and financial information to facilitate smooth and timely audits.
- Process Improvement: Lead process improvements and system enhancements to increase efficiency and accuracy within the fund accounting function.
- Team Leadership: Mentor junior fund accountants and assist in their professional development.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or related field; CPA or CFA preferred.
- Minimum 10 years of experience in private equity fund accounting, or within a similar alternative investment environment.
- Strong knowledge of private equity fund structures, including limited partnerships, SPVs, and other investment vehicles.
- Expertise in US GAAP, IFRS, and other relevant accounting standards.
- Proficiency in fund accounting software (e.g., Investran, eFront, Yardi, or similar).
- Advanced Excel skills, including financial modeling.
- Strong analytical and problem-solving skills with a high attention to detail.
- Excellent communication and interpersonal skills.
- Ability to manage multiple funds and tasks simultaneously in a fast-paced environment.
- Experience working with large institutional investors and complex fund structures.
- Knowledge of carried interest calculations and waterfall models.
- Familiarity with SEC and other regulatory bodies' requirements for private equity funds.
- Experience with fund migrations and system integrations.
If you are interested in this opportunity, please send your resume to Allie at aross@daleyaa.com.
#LI-AR1
#LI-REMOTE
IND123
Source : Daley and Associates