Associate in Alternative Investment Accounting Group

New York

Accounting Associate specializing in Alternative Investment needed in both the New York City and Dallas office.

Key Responsibilities

Create reference data, import trade, and update market data in VPM on a needed basis
• Initiate wire transfers
• Calculate capital calls/distributions
• Coordinate with Investor Service team on the release of capital call/distribution notices
• Track investor funded and unfunded capital commitments
• Daily/monthly cash, market value, dividend/coupon interest accrual reconciliations
• Interact with clients and 3rd party, and provide information as needed
• Process period-end NAV calculation including:
o Confirm validity of corporate actions and significant price differences
o Enter operating income and expense accruals
o Calculate and record management fees and incentive fees
o Update month end work papers
o Maintain waterfall calculations, if applicable
o Calculate IRR, if applicable
o Prepare investor capital account allocations
o Prepare quarterly unaudited financial statements, if applicable
o Create files to generate investor statements on a needed basis
o Review investor statements
• Prepare draft financial statements and other supporting schedules
• Respond audit inquiry and investor audit confirmations

Qualifications and other requirements

• Bachelor’s degree in Accounting, Finance or Economics
• Good knowledge of financial reporting and financial products (ie: equities, futures, fixed income)
• Strong organizational and problem solving skills
• Quick learning ability to new systems and operational procedures
• Ability to work under pressure
• Individual who takes initiative and ownership of assigned responsibilities
• Excellent interpersonal and customer service skills
• Strong oral and written communication skills
• CPA or CPA candidate a plus