Finance Associate

Overview

This role is a Finance Associate position on a lean finance team in New York. The position works closely with the Senior Finance Associate and Chief Financial Officer, with broad exposure to the organization’s financial, accounting, investment, and operational activities.

The role is hands-on and designed to provide experience across fund and investment accounting, investor reporting, portfolio valuation, transaction execution, tax, treasury, and firm-level finance—alongside collaboration with investment professionals.

Responsibilities

• Prepare and maintain U.S. GAAP financial statements, partners’ capital accounts, and related accounting records for fund, GP, and investment-related entities.
• Support capital call and distribution processes, including investor allocations, carried interest calculations and waterfalls, and preparation of investor reporting.
• Assist with quarterly and other investor reporting, including preparation of investor letters, portfolio company data, investment performance metrics, and investor-level portfolio reporting.
• Support treasury activities, including recording cash receipts and disbursements, initiating wires and internal transfers, and maintaining appropriate supporting documentation.
• Coordinate accounts payable and expense processes, including vendor onboarding and invoice review and payment.
• Participate in the quarterly portfolio valuation process, including supporting preparation and review of quarterly valuations and memos.
• Support maintenance and preparation of realized and unrealized carried interest.
• Coordinate with the organization’s tax team and tax advisor on partnership tax compliance, including review of tax returns and Schedule K-1s.
• Support firm-level budgeting, forecasting, management reporting, and other financial analyses, including information provided to related entities.
• Assist with annual audits and other recurring financial, accounting, compliance, and reporting activities.
• Support investment professionals on transaction-related matters, including investment structuring, deal diligence, closing processes, and regulatory requirements.
• Help enhance finance processes, systems, reporting, and internal controls as the organization grows.

Requirements

• Bachelor’s degree in accounting, finance, economics, or a related field.
• Approximately 2-4 years of relevant professional experience, which may include public accounting, private equity or venture capital finance, and fund administration.
• Experience with or exposure to private equity, venture capital, or other alternative investment fund accounting is strongly preferred.
• Exposure to general ledger accounting, fund accounting, management company accounting, financial reporting, investment performance reporting, tax, or valuation is beneficial.
• CPA designation or meaningful progress toward a CPA is beneficial but not required.
• Strong Microsoft Excel skills and comfort working with financial reporting systems and AI large language models.

Preferred Qualifications

• Demonstrated interest in building a broad foundation within private equity finance and accounting, beyond a narrowly defined accounting role.

Compensation & Benefits

• Base salary range: $90,000–$120,000 per year.
• Eligible to participate in the relevant business unit’s incentive compensation plan and other compensation programs as applicable.
• 401(k) program with a generous profit-sharing contribution (subject to plan terms).
• Medical, prescription dental, and vision coverage.
• Life insurance; disability coverage.
• Paid holidays, vacation, and sick time (subject to plan terms and company policies).

Location

• New York