Senior Associate

Job Description

Private Equity Funds : The associate manager will be responsible for a broad spectrum of financial and accounting matters affecting our private equity clients. Associate manager should have a strong background in accounting for alternative investment funds, with a focus on private equity, proven client management skills, and the ability to manage and monitor client deliverable and deadlines.  Additionally, the associate manager is responsible for exercising sound judgment regarding the proper application of accounting principles to complex transactions, as well as preparing financial reports.

• Help manage one or more client relationships, including scheduling and meeting all client deliverables
• Maintain / manage client expectations and coordinate deliverables timelines with team lead and staff
• Demonstrate strong knowledge of accounting, specifically with respect to alternative investment funds, with a focus on private equity limited partnerships
• Provide guidance and direction to junior staff on all technical and client-service-related topics.
• Review fund governing documents, offering documents, subscription documents, side letters, and investment management agreements, in order to ensure proper application of fund terms
• Review all transaction documentation and supporting files, and understand the features of the investment transactions, accruals, etc.
• Prepare / review work paper files for accuracy and completeness, including capital activity, investment activity, income and expense accruals, valuation adjustments, etc.
• Prepare / review investor allocations and capital account statements
• Prepare / review capital call and distribution calculations, sources / uses of cash, allocations, and investor notices
• Create, maintain, and / or review distribution waterfall (carried interest) models, in keeping with the applicable fund terms
• Prepare / review financial statements, notes disclosures, and supporting schedules
• Help manage the year-end audit process, in collaboration with the team lead, client, and auditors
• Support corporate goals and business / departmental initiatives

Job Skills / Qualifications :