Private Equity Accountants, Senior Accountants & Client Managers - Remote role, in a 25 employee spin-off private equity services firm growing at > 80% in CT & Central NY in PE accounting & client mgt. 2-10 yrs’ exp in PE. Make whole bonus for ‘23 forgone bonus possible. Total comp to 150k

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Client Manager

RESPONSIBILITIES

Understand Client SOPs, Fund Structures and Operating Agreements and meet all assigned deadlines 

• • Communicate priorities and coordinate team workload/tasks;  Cap Calls, Distributions, Allocations, Valuations, Cash Monitoring, Management Fees and Financial Reporting – Quarterly/Annual/ad hoc 

  • Communicate Team workload & potential obstacles to the Client Director ("CD") 

  • Coach Team Members on executing assigned tasks 

Operations

• • Prepare & Review quarterly reporting for submission to CD 

  • Prepare Quarterly letters for submission to CD 

  • Proactively identify any issues and recommend solutions to the CD,  Coordinate agreed upon actions with Team 

  • Monitor compliance with external document control policy 

REQUIREMENTS

• Bachelor's Degree in Accounting or equivalent with studying toward CPA or MBA preferred; 5+ years' experience usually equips you with below capabilities

• Technical Expertise

  • Preparation of financial reporting 

    • Journal entries thru Financial Statements 

  • Basic Recognition of the translation from LPA to 4Pines Process 

  • Exposure to, and awareness of, fund closing mechanics 

  • Basic understanding of Mgmt Fee Calculation 

• People Skills

  • Internal – Positive Team Interaction 

  •  External – Show Competence in Client and Constituent Interactions 

• Analytical ability – recognize, identify and communicate potential incongruities

Senior Private Equity Fund Accountant

RESPONSIBILITIES

Daily

• • Review Cash / journal entries and Investment and Investor Confirmations 

  • Provide support for LP Requests (Client specific SOP as set by Client Director ("CD") 

  • Update Contact Information for Existing LPs; Review Distribution template;  Prepare LP calls and distributions 

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Quarterly 

• • Prepare/Review JE’s, F/S, Capital RFs and CABs 

  • Send out quarterly reports and notices to LPs 

  • Prepare management fee calculation payment 

Annually 

• • Rolling audit files 

    • Financial Highlights,  Footnotes, Cost Basis, Audit confirmations / templates 

  • Assist CM/CD with open items list / auditor communications

  •  K1s 

    • Aggregating underlying investment K1s, Provide to tax accountants, Facilitate LP tax estimate requests, Send final K1s to LPs 

Ad Hoc / Special Projects 

• •  Assist CD and CMs with New Closes 

  • Assist with onboarding process for new funds 

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Organization / Communications

• • Raise issues with workload and prioritization with Client Manager ("CM")/CDs 

  • Communicate with CM and/or CD status of Reports and projects 

  • Work with CM and or CD on special requests from clients – reach out to Fund accountants for help 

  • Assist with the development of policies and procedures CMS 

  • Sign off on quarterly sign off sheet 

REQUIREMENTS

• Bachelor's Degree in Accounting or equivalent; 3+ years' experience usually equips you with below capabilities

• Technical Expertise

  • • Understanding of Roll-forward, Journal Entries, Different types of investments (i.e., Equity, Debt, Co-Investment, FoF

  • Demonstrate basic multitasking ability 

  • Demonstrate advanced excel skills 

  • People Skills

    • • Internal – Positive Team Interaction 

      • External – Demonstrate ability to communicate professionally 

  • Analytical ability 

    • Demonstrate attention to detail 

    • Demonstrate critical thinking, Ability to identify non-conforming information and Raise issues to the appropriate level

Private Equity Fund Accountant

RESPONSIBILITIES

Daily / Weekly 

• • Daily cash activity

    • Check for notices on assigned funds; Reach out to GPs on discrepancies, missing information (obtain approval from team members as needed) 

  • Alert CD and CM’s of any major cash flow items 

  • LPS calls – reconcile, reach out to client or CD for missing payments Prepare LP distribution wires for approval from Fund head and Client Complete, track and respond to confirms 

  • Prepare Cash / journal entries; Prepare Investment and Investor Confirmations Populate Distribution template 

  • Gather support for LP Requests (Client specific SOP as set by CD) Update Contact Information for Existing LPs; Assist Senior Accountant with LP calls and distributions

Quarterly 

• • Cash Rec’s Prepare JE’s; Assist Sr. Fund Acct with preparation F/S, Capital RFs and CABs, Quarterly Letter

Annually 

• • Assist Sr. Fund Acct with Rolling audit files, Financial Highlights, Footnotes, Cost Basis and Audit confirmations / templates 

  • Assist Sr. Fund Acct with open items list / auditor communications 

  • K1s & Other Tax Forms; Aggregating underlying investment K1s and Provide to tax accountants

Ad Hoc / Special Projects 

• • Assist with onboarding process for new funds; Input client information into system;  Compliance Requests (i.e., FATCA, Form PF, AUM, Form ADV)

Organization / Communications

• • Arrange coverage for daily cash responsibilities with another Fund Accountant in case of vacations or long absences 

  • Communicate with Sr. Fund Acct status of Reports and projects; Work with Sr. team members on special requests from clients 

  • Assist with the development of policies and procedures CMS; Assist with training/mentoring of junior staff

REQUIREMENTS

• Bachelor's Degree in Accounting or equivalent; 1 - 3 years' experience usually equips you with below capabilities

• Technical Expertise

  • • Quarterly Journal Entries

    • Understand Unrealized Gain/Loss Schedule 

    • Understanding Valuation Changes; Reconcile investment capital account, Unfunded commitments, Cash Flow 

  • Demonstrate basic multitasking ability 

  • Demonstrate advanced excel skills 

  • People Skills

    • • Internal – Positive Team Interaction 

      • External – Demonstrate ability to communicate professionally 

  • Analytical ability 

  • Demonstrate attention to detail