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