Fund Accountants Job at Indigo Beam, Hackensack, NJ

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  • Indigo Beam
  • Hackensack, NJ

Job Description

Job Title:   Fund accountant

Location:   Hackensack, New Jersey

Employment Type:   Perm Employee

Seniority Level :  Associate

Pay:   Competitive compensation package with base salary and generous monthly commissions.

Responsibilities

 

  • Prepare and/or Review Monthly/Quarterly NAV packages
  • Record/Review trade information, income/expense activity and applies valuation of securities in the portfolio accounting system
  • Prepare/Review Processing of Capital Calls and Distributions
  • Prepare/Review Allocation of Fund level profits and losses to individual investors for preparation and distribution of investor statements in accordance to Fund Legal Documents
  • Prepare/Review Calculation of Management Fees and Carried Interest
  • Review and coordinate fund expense analysis and expense processing
  • Review of various Fund Legal Documents, including Limited Partnership Agreements, Side Letters, and Private Placement Memorandums
  • Interaction and coordination with internal and external stakeholders including but not limited to clients, auditors, and other groups within US Bank
  • Supervise, train, and coach junior level new hires, including but not limited to providing technical and PC knowledge to them

 

Requirements

 

 

Basic Qualifications

 

  • Bachelor’s degree in accounting, Finance or a business-related field or equivalent work experience
  • 5 to 8 years of related experience, preferably in portfolio partnership accounting, finance or portfolio management

 

 

Preferred Skills / Experience

  • Experience working at a Private Equity Fund Manager, Alternative Investment Manager, Fund Administrator, Custodian Bank and/or other financial institutions with relevant knowledge and experience
  • Thorough knowledge in accounting reporting and analysis
  • Ability to identify and resolve/escalate complex problems with minimal guidance
  • Ability to manage multiple tasks/projects and deadlines simultaneously
  • Effective interpersonal, verbal and written communication skills
  • Proficient computer navigation skills using a variety of software packages including Microsoft Office applications

Job Tags

Permanent employment, Full time, Work experience placement, Work at office

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