Associate, Fund Accounting

Job Description

Title: Associate, Fund Accounting 

Location:  Cleveland, OH (onsite) 

Duration:  W2 full-time role 

Description:

In this role, you will require a high-level understanding of our client’s vehicles and the related processes/workflows.  You will support the investment and accounting functions on a day to day basis. 

Responsibilities: 

• Communicate with clients and advisors in a variety of different scenarios handling complex and time-sensitive initiatives that require precision and judgment
• Managing Capital Call/Distribution Activity for all client related vehicles and the corresponding deliverables to advisors/custodians+
• Maintenance of the Accounting workbooks and reconciliation processes for month end work cross-functionally across Accounting, Advisor Support, and Fund Services teams to streamline workflows and ensure that client and internal deliverables are completed with the highest standards of accuracy and timeliness.
• Delegate work to correct teams while keeping tabs on all moving parts
• Oversee daily operations related to capital calls, distributions, and investor communications across multiple investment vehicles
• Be able to provide various reports of client information as requested by advisors
• Understand and maintain a proactive comprehension of investment vehicles and their operational requirements to anticipate roadblocks and drive solutions
• Manage capital calls and distributions and communication of such to advisors
• Create trade tickets for capital calls and distributions, and submit to third party administrator and custodian bank for multi-factor authentication and completion
• Reconciliation of the accounting books and cash accounts for month/quarter end closes
• Support the production of quarterly statements and audit private equity funds’ activity across various reporting periods
• Serve as the escalation point for complex, urgent, or high-sensitivity operational matters – also able to communicate exceptionally well with internal and external personnel on such matters
• Respond to audit confirmation requests from private equity and hedge fund managers
• Initiate or improve accounting processes to gain efficiency while maintaining data integrity and consistency
• Able to facilitate multiple projects concurrently, while maintaining a respectable level of timeliness in delivery

Required Skills:

• Detail and solution oriented with strong interpersonal, professional and organizational skills
• Demonstrated ability to absorb and retain technical accounting and data driven concepts within the context of complex portfolio structures and related accounting models
• Desire to be a key contributor to a growing team and support the development of improved processes and growth of the business – able to not only work with accounting team members, but also all departments within the company
• Exceptional written and verbal communication skills
• Strategic planning, scheduling, and time-management skills
• Bachelor’s degree