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Senior Associate, Global Expense Allocation (legal or accounting background)

Recruiting Resources, Inc.

Senior Associate, Global Expense Allocation (legal or accounting background)

Culver City, CA
Full Time
Paid
  • Responsibilities

    Senior Associate, Global Expense Allocation Team Processor

    Global investment management firm is searching for a highly motivated, detail-oriented team player to join the Corporate Finance & Accounting team based in the Los Angeles. This role will engage key partners, including Portfolio Management, Legal, Compliance, Finance, and external service providers to ensure accurate expense allocation and payment processing for investment funds.

    RESPONSIBILITIES

    • Accurately calculate expense allocation across funds and assign appropriate accounting treatment, including the following:
      • Understand various Fund expense and allocation policies
      • Apply allocation policy to calculate expense allocations accurately
      • Understand private fund structures
      • Take ownership and address expense-related inquiries from internal and external clients
      • Assist in technology builds to automate expense allocation and accounts payable functions further
    • Effectively communicate with key stakeholders (Legal, Compliance, Portfolio Managers, Fund Accounting, etc.) to resolve issues/questions
    • Provide support and analysis to other ad-hoc projects & initiatives as directed by department manager.

    QUALIFICATIONS

    • Minimum of a Bachelor’s Degree in Finance, Accounting, or similar
    • 4-6 years of overall experience
    • 1-3 years of fund accounting experience is a plus
    • 1-3 years of compliance experience is a plus
    • Prior use of expense management systems is preferred
    • Background & understanding of Legal and Compliance policies and procedures is preferred
    • Experience using ERP packages (SAP, Oracle Fusion, Peoplesoft etc.) is a plus
    • Experience being on a project team implementing new technology and/or enterprise level process change is a plus
    • Good working knowledge of Excel
    • Understanding of complex allocation methodologies and Private Equity investment manager accounts payable functions
    • Analytical and problem-solving skills with ability to understand the implications for the wider enterprise.
    • Excellent communication and presentation skills with the ability to influence stakeholders at all levels of the organization
    • A self-starter with the ability to work on own initiative.
    • Detail oriented and high degree of accuracy