Fund Accounting Senior Associate
- Halifax, NS, Canada
Full-time
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Job details
- Job type
- Full-time
- Apply by
- Experience
- 1-2 years of experience in a full-time role
- Posting language
- English
- Posted
Original job description
Reporting to one of the managers, this position will assist in the day-to-day operations of the accounting department and prepare fund-level financial statements.
Essential Functions
- Prepare financial statements for several domestic and offshore fund families, which includes updating portfolio investment schedules, partner equity allocations and analyzing complex investment transactions
- Help with the internal semi-annual portfolio review process, analyzing and tracking partnership and portfolio company financial performance
- Monitor compliance with complex partnership agreements
- Assist with audits, tax return review, fundraising and annual meeting activities
- Determine cash needs of partnerships and initiate capital calls
- Electronically distribute financials, K1s, capital call and distribution notices to Limited Partners
- Perform special projects as requested by the General Partners and Controllers
- Interact with and respond to ad hoc limited partner requests
- Bachelor’s Degree in Accounting or Finance related field
- 1-2 years of experience in a full-time role
- Strong academic performance (minimum 3.0 GPA)
- Proficiency in Microsoft Office applications, particularly Excel
- Familiarity with QuickBooks (not required, is a plus)
- Knowledge of various investment accounting concepts
- Attention to detail
- Ability to multitask
- Ability to work in a team and individually
- Ability to effectively communicate to team members
- Strong organizational skills and work ethic
- Comprehensive medical, dental, vision coverage, along with life insurance, Health Savings Account and Flexible Spending Account options
- Comprehensive disability/maternity and paternity plans
- 401K
- Flexible Vacation Plan
- Sick Time Accrual Plan
- Standard holidays along with year-end office closure
- A flexible work environment for all employees
- Boston: $74,000+
- Actual compensation will be dependent upon the individual's skills, experience and qualifications.
More about this job
Responsibilities
Prepare fund-level financial statements for domestic and offshore fund families, including investment schedules, partner equity allocations, and analysis of complex transactions. Support portfolio reviews, compliance monitoring, audits, tax reviews, fundraising, capital calls, investor communications, and special projects.
Requirements
A bachelor's degree in Accounting, Finance, or a related field and 1–2 years of full-time experience are required, along with a minimum 3.0 GPA. Candidates should be proficient in Microsoft Office, particularly Excel, and demonstrate investment accounting knowledge, attention to detail, multitasking, communication, teamwork, and organizational skills; QuickBooks familiarity is a plus.
Skills
- Fund Accounting
- Investment Accounting
- Portfolio Analysis
- Capital Calls
- Partner Equity Allocations
- Audit Support
- Tax Return Review
- Microsoft Excel
- Microsoft Office
- QuickBooks
- Attention To Detail
- Multitasking
- Communication
- Organization
Benefits
- Medical Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Health Savings Account
- Flexible Spending Account
- Disability Insurance
- Maternity Leave
- Paternity Leave
- 401(k)
- Flexible Vacation
- Sick Leave
- Paid Holidays
- Year-End Office Closure
- Flexible Work Environment
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
Keywords
- Fund Accounting
- Financial Statements
- Domestic Funds
- Offshore Funds
- Portfolio Investment Schedules
- Partner Equity Allocations
- Investment Transactions
- Portfolio Review
- Partnership Agreements
- Investment Accounting
- Audits
- Tax Returns
- Fundraising
- Capital Calls
- Limited Partners
- Capital Distributions
- Microsoft Office
- Microsoft Excel
- QuickBooks
- Financial Performance