Working with a global leader in fintech, this company manages over $150 billion in assets and has transformed how people access alternative investments. It connects wealth managers to a broad range of private market opportunities, like private equity, hedge funds, and real estate, all through a single, user-friendly platform. By lowering the minimum investment barriers and streamlining complex processes, it helps advisors and clients diversify portfolios more easily. With cutting-edge analytics and global operations, this company makes alternative investing more accessible and efficient for all.
The team is currently transforming its Private Fund Finance division and is seeking to hire a VP of Private Capital Fund Accounting for its New York office. This role will involve collaborating closely with various teams, including senior leadership, external vendors, and clients, to oversee and manage a range of accounting and reporting functions.
Responsibilities
- Review and approve capital call and distribution cash analysis, investor allocation files, and notices prepared by third-party administrators and junior members
- Review feeder fund draft documents, such as LPA/PPM, and underlying fund operational questionnaires before fund launch.
- Provide feedback to internal legal or fund origination teams regarding any considerations from a fund finance perspective.
- Analyze feeder fund expenses and determine commitment sizes to underlying funds.
- Oversee the preparation of annual fund financial statements in accordance with US GAAP.
- Supervise the quarterly issuance of feeder fund NAV and partners' capital account statements, while tracking key performance indicators (KPIs).
Requirements
- Experience in alternative investments fund administration and operations is a plus
- Strong verbal, written, and interpersonal communication skills
- 10-15 years of experience in financial services or asset management accounting and operations
- Preferred candidates should have a background in private or a blend of private/public fund experience - Candidates from exclusively public firms will not be considered.