Overview
This role involves leading client relationships from proposal through engagement implementation and ongoing fund administration for private equity and debt funds. The organization provides fund administration and infrastructure services, supporting fund managers by handling operational tasks to allow focus on core business activities.
Responsibilities
- Serve as the primary contact for client relationships throughout the engagement lifecycle.
- Ensure appropriate staffing and training for engagements.
- Develop and maintain procedures to meet internal and external deliverables and client satisfaction.
- Review and implement partnership allocation models based on partnership agreements.
- Gain proficiency in key systems including Investran Live (accounting system), Salesforce CRM, and Intralinks.
- Coordinate and review investor communications such as capital call and distribution notices and capital balance statements.
- Review investment transactions via the Investran Live general ledger system.
- Review management fee calculations, invoices, and journal entries.
- Review daily and monthly cash reconciliations for partnerships and related portfolio companies.
- Review fund financial statements and management reporting including IRR performance summaries and investment transaction reports.
- Collaborate with the Director to provide direction on projects and inquiries, including reviewing staff-prepared materials such as general ledger entries, quarterly work papers, audit confirmations, LP requests, and other ad hoc materials.
- Review and/or calculate private equity benchmark returns including gross/net MOI, IRR, TVPI, RVPI, and DPI.
- Review materials for interim and annual audits of fund partnerships and establish working relationships with auditors.
Requirements
- 7-10 years of progressive experience in accounting or audit, preferably in private equity, fund administration, or public accounting.
- Ability to work effectively in a dynamic, fast-paced environment.
- Strong multitasking skills and ability to meet deadlines.
- Detail-oriented with prompt task completion.
- Willingness to take on additional ad-hoc tasks and projects.
- Advanced proficiency in Microsoft Excel for building and maintaining spreadsheets.
- Knowledge of Investran Live.
- Excellent analytical, planning, and organizational skills.
- Strong interpersonal and communication skills with a collaborative team approach.
- High integrity and ethical standards.
- Enthusiastic team player.
- Undergraduate degree required; MBA is a plus.
- CPA preferred but not required.
Compensation & Benefits
- Salary range: $102,000 - $153,000 per year (base salary only; actual pay depends on qualifications, experience, and skills).
- Medical, dental, and vision insurance premiums covered at 90%.
- Fully funded Health Savings Account (HSA) employer contributions up to IRS maximum for employees enrolled in the high-deductible health plan.
- 401(k) employer match of 100% of contributions up to 5% of compensation with immediate vesting.
- Flexible paid time off.
- Generous holiday calendar.
- Hybrid work environment offering flexibility and supporting work-life balance.
- Benefits funding prorated for new hires.
Location
Positions are available across the US and Europe, supporting fund administration services remotely and on-site as required.