Private Equity Senior Accountant II - Mitchell Martin
Clifton Park, NY
About the Job
Our client, an Fund Solutions provides investment firms with customizable, full-service administration, accounting, is seeking a Private Equity Senior Accountant II
Location : Clifton Park, NY
Position Type: Full Time
Job Summary:
ESSENTIAL DUTIES AND RESPONSIBILITIES:
PROBLEM RESOLUTION AND ADMINISTRATION:
KNOWLEDGE AND SKILLS:
QUALIFICATIONS:
Salary/Rate : TBD based on location
*M
Location : Clifton Park, NY
Position Type: Full Time
Job Summary:
- 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 Staff
- Accountant I, II (Fund) and Senior Accountant I (Fund) associates. This position serves as a resource
- to other members of the team, in addition to Management, providing guidance, training and additional
- support as needed.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Review and oversee journal entries and maintenance of general ledger;
- Review and oversee quarterly and annual reporting packages prior to management approval;
- Review and oversee quarterly and annual financial statements prior to management approval;
- Review and oversee capital calls and distributions prior to management approval;
- Coordinate the delivery of capital call and distributions notices to clients and the investors;
- Review and oversee correspondence with client investors to address inquires as needed;
- Communicate with clients to establish deadlines for quarterly and annual deliverables in
- accordance with clients' LPA requirements;
- Review team wires/transfers prior to treasury approval and sign off (as necessary);
- Prepare/review complex waterfall calculations and management fee calculations;
- Assist in the development and training of new team members as required;
- Coordination and completion of special projects as directed by the client requests and as
- directed by management;
- Assist and oversee new client onboarding;
- Manage client's expectations and oversee deliverable deadlines;
PROBLEM RESOLUTION AND ADMINISTRATION:
- Ability to multi-task between different tasks, clients and internal demands throughout the day;
- Continually updates job knowledge by participating in educational opportunities; internal
- company and team trainings; maintains personal networks; participates in professional
- development opportunities and;
- Demonstrate proficiency in technical skillset including use of Excel and other software utilized by the Fund Team;
- Demonstrate mastery of subject matter when advising clients on various client questions or concerns;
- Consistent resource for other team members with regard to technical questions or questions pertaining to team processes and procedures;
- Assist management with ongoing team trainings while providing suggestions or input as to
- the continued training opportunities needed on both the team and company level;
- Provide daily leadership across the team and minimal supervisory assistance as needed in the
- absence of management.
- Additional duties as assigned by management.
KNOWLEDGE AND SKILLS:
- Sound knowledge of accounting principles, methods, procedures, internal controls with the
- ability to exercise good judgment 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;
- Ability to organize and prioritize work, assisting in the coordination of the work of another 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 conduct moderately complex accounting procedures and analysis;
- preparation of work papers; general knowledge of financial reporting;
- Demonstrate sound research, interpretive and problem-solving abilities.
QUALIFICATIONS:
- 3 5+ years' (relevant) experience in Accounting, Finance or related field preferred;
- 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.
- 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 teams and individual
- priorities and deadlines.
- Private Equity Accounting
- Minimum 3 years' experience
- Experience with Distributions, Capital Calls and Waterfalls
- Excel, Investran
Salary/Rate : TBD based on location
*M
Source : Mitchell Martin