Fund Accounting Senior Associate (Private Credit)
- Halifax, NS, Canada
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Job details
- Experience
- 1-2 years of experience in a full-time role
- Posting language
- English
- Posted
Original job description
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
Minimum Requirements:
- 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
Benefits:
- 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
Compensation (varies by location):
- Boston: $74,000+
*Actual compensation will be dependent upon the individual's skills, experience and qualifications.
More about this job
Responsibilities
The Senior Associate will assist in daily accounting operations, including the preparation of financial statements and the management of partner equity allocations. They will also monitor compliance with partnership agreements and facilitate audit, tax, and capital call processes.
Requirements
Candidates must hold a Bachelor’s degree in Accounting or Finance and possess 1-2 years of relevant full-time experience. Proficiency in Microsoft Excel and strong organizational skills are required to manage complex investment accounting tasks.
Skills
- Financial statements
- Portfolio investment schedules
- Partner equity allocations
- Investment transactions
- Portfolio review
- Compliance monitoring
- Audit assistance
- Tax return review
- Capital calls
- Microsoft Office
- Excel
- QuickBooks
- Investment accounting
- Attention to detail
- Multitasking
- Organizational skills
Benefits
- Medical coverage
- Dental coverage
- Vision coverage
- Life insurance
- Health Savings Account
- Flexible Spending Account
- Disability plan
- Maternity plan
- Paternity plan
- 401k
- Flexible Vacation Plan
- Sick Time Accrual Plan
- Paid holidays
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Management & Leadership
- Administrative
Keywords
- Fund Accounting
- Private Credit
- Financial Statements
- Portfolio Management
- Equity Allocations
- Compliance
- Audits
- Tax Returns
- Capital Calls
- Limited Partners
- Investment Accounting
- Excel
- QuickBooks
- Accounting
- Finance
- Reporting
- Partnership Agreements
- Fund Families
- Investment Transactions
- General Partners