Our client is seeking a qualified individual to oversee a team of fund accountants, ensuring the delivery of top-tier fund administration services to asset and fund managers within the private equity domain. The role involves meticulous review processes and serving as a primary liaison for private equity clientele.
Key Responsibilities:
Supervise a team of fund accountants to produce and deliver precise reports to external clients.
Offer comprehensive accounting services for private equity fund clients, involving the meticulous review and processing of transactions and various fund accounting outputs for dissemination to external clients and investors.
Provide dedicated support to address queries from clients and investors.
Review the accuracy of the fund accounting team's fee calculations in line with applicable fund terms, encompassing management fees, capital call amounts, distribution amounts, carried interest, and waterfall calculations.
Scrutinize various statements and notifications, including investor capital call and distribution notices.
Generate ad-hoc reports and conduct analyses specific to funds and investors as required.
Review the quarterly and annual financial reports of funds.
Oversee Special Purpose Vehicle (SPV) accounting.
Assist clients in handling diverse reporting needs like CRS/FATCA, VAT, K1s, K3s, etc.
Aid clients in addressing and resolving audit inquiries from external auditors during year-end audits.
Contribute to initial discussions with clients during the pre-project stage to define more detailed service models for specific clients, as necessary.
Assist in onboarding existing funds and launching new ones.
Engage in both internal and external technological solutions to address complex reporting and data requirements of clients.
Participate in strategic planning to enhance processes and the team's overall performance.
Gain exposure to and grasp the latest technology solutions in the asset servicing industry, aiming to drive automation for reduced manual work and enhance value-added services for clients.
Fulfill additional duties as required.
Qualifications:
Bachelor's degree in Accounting, Commerce, Finance, or a related field with a significant focus on Accounting.
Possession of an internationally recognized accounting qualification or active pursuit of such professional certifications like CPA, CA is highly valued.
A minimum of 6 years of experience in accounting, specifically within the private equity sector, or a blend of audit/fund administration and private equity funds expertise is highly preferred.
Proficient in GAAP accounting standards (USGAAP).
Other Skills:
Demonstrated experience in team management or reviewer roles is essential.
Exceptional written and verbal communication and presentation skills.
Ability to thrive under pressure, handle multiple tasks, and excel in a fast-paced work environment.
Upholds high integrity, accountability, and punctuality in proposing solutions, time management, and reporting to management promptly.
Detail-oriented, analytical, self-motivated, and capable of delivering high-accuracy work.
Strong problem-solving abilities and a collaborative team player.
Proactive approach with excellent organizational and planning skills.
Fluency in spoken and written English.
Proficiency in Excel and other Windows-based software.
For more information on this role, or if you're looking for your next opportunity and/or looking to hire please reach out:
Jack Walsh | Associate Consultant | j.walsh@HamlynWilliams.com | 646-349-3225