Fund Accountant

Responsibilities and Duties

Fund and SPE Accounting

• Serve as liaison with our third-party administrator (FA)
• Review monthly/quarterly general ledgers, accounting entries and financial statements prepared by FA
• Manage process of wire requests/approvals with FA

Audit/Tax

• Work with FA and our auditors for annual audits and tax return preparations
• Review audited financial statements and annual tax returns and K-1s

Capital Calls/Distributions

• Review capital calls & distributions prepared by FA
• Draft investor narratives and work with investor relations and FA to finalized formatting
• Obtaining approval from management for capital calls and distributions
• Tracking of reserve balances
• Manage monthly platform and deal-specific expense reconciliation/allocation processes

Maintenance of Waterfall Models/Fund Return & Track Record Models

• Maintain schedules of capital contributions and distributions
• Monitor remaining capital commitments
• Calculate accrued preferred returns and GP promote payments as needed
• Maintain up-to-date waterfall models for purposes of calculating return of capital, accrued preferred returns and GP promote payments

Quarterly/Annual Reports

• • Oversee quarterly and annual reporting processes
  • Coordinate timely completion of financial statements and other investor deliverables
  • Review quarterly fund financial statements for accuracy and obtain fund manager approvals
  • Coordinate calculation of quarterly fund position valuations
  • Year-end 1099 filing for SPEs and Funds

Qualifications:

• • Bachelors Degree
  • 1-3 years of fund accounting experience
  • Knowledge of PC

Benefits:

• Competitive compensation package
• 2 weeks of paid vacation, 8 paid holidays
• Paid Parking, 401(k), Medical/Dental/Vision insurance

For consideration send cover letter and resume to jobs@saybrookfundadvisors.com