Accounting Associate specializing in Alternative Investment needed in both the New York City and Dallas office.
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
• 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
If you meet the requirements, please send your detailed CV (English) to;