Fund Accounting Manager - Owings Mills, MD
Location :
Owings Mills, MD
Job Type :
Direct
Hours :
Full Time
Required Years of Experience :
4+
Required Education :
Bachelor's Degree Required, CPA Preferred
Travel :
No
Relocation :
No
Job Description :
The Accounting Manager – Fund Accounting position is a newly created opportunity to join an industry leading global venture capital and private equity investment firm headquartered in the Owings Mills, MD area outside of Baltimore. This individual will be responsible for overseeing a team of fund accountants supporting financial reporting for several investment funds both in-house and for associated partnerships. This is an ideal opportunity for candidates with public accounting experience looking to pivot into an internal private equity role and will offer a competitive compensation package in the $150,000 to $160,000 range plus excellent benefits, work/life balance, and career mobility. In addition to growth and development, the company is known for providing an entrepreneurial atmosphere within a rewarding team culture. This position will offer a hybrid schedule requiring 2 days in the office per week.
Responsibilities
- Provide hands-on leadership for staff overseeing preparation of weekly accounting schedules
- Manage the preparation of financial statements. Analyzes journal entries to prepare quarterly and annual financial statements.
- Review accounting operations performed by fund associates/analysts to ensure accurate financial statements.
- Manages general ledger balances to comply with GAAP. Review and prepare monthly journal entries and bank reconciliations
- Train, coach, and counsel staff on appropriate procedures, compliance with GAAP and accounting standards, and daily operations as needed.
- Coordinates with multiple teams and departments to provide accurate and concise financial statements, investor reports, and compliance packages.
- Assist in preparation of fund communications for investors, including Limited Partner requests including distribution and Capital Call Notifications, assist in quarterly reports, assist with K-1 and tax related forms, assist with LP Transfers.
- Calculate monthly and quarterly distribution amounts, ensuring timely and accurate distribution to clients.
- Maintain financing document files, general ledgers, partner database
- Ensured proper fund accounting internal controls, accounting practices, and GAAP principles that standardized our core competencies of integrity, objectivity, and excellence.
- Coordinated with audit partners to assist with interim and year-end testing.
- Assist in file maintenance/organization and other administrative tasks
- Various other tasks, projects and deadlines that arise in relation to above
Job Requirements
- 4 or more years of professional experience within public accounting or related internal fund accounting experience.
- Investment industry experience in financial reporting, preferably with alternative investment funds
- Bachelor’s degree in Accounting/Finance. CPA preferred.
- Ability to work in office 2-3 days per week
Required Qualifications :
