Senior Accounting Manager /  Assistant Vice President, Strategic Credit / Fund Accounting

Our client is a large reputable Financial Services firm with over $100B AUM located in Downtown Los Angeles |DTLA]. They foster a healthy work life balance with great internal progression and excellent benefits. They are seeking for an Experience and Dynamic Senior Accounting Manager / Assistant Vice President who will be joining their Strategic Credit/Fund Accounting team.

They offer exceptional Benefits including 401K matching, Generous PTO | Holidays, Growth | Succession Planning opportunity. They are working hybrid schedule with flexibility.

Job Description

Please carefully review the position requirements before submitting your resume for consideration.

They are a very reputable Global Investment Firm committed to cultivating an environment that is collaborative, curious, inclusive and honors diversity of thought. Providing training and career development opportunities and emphasizing strong support for our local communities through philanthropic initiatives are essential to their culture.

Responsibilities

• The Senior Accounting Manager or Assistant Vice President will be responsible for maintaining the books and records for various private partnerships and accounts, as well as reporting to clients and the portfolio group, and working closely with our offshore team.
• Preparing and maintaining the books and records of pooled private investment funds organized as limited partnerships and/or separate accounts;
• Accounting for and reconciliation of cash, investments and real property;
• Recording and reconciling of purchase and sale transactions;
• Partnering with our corporate actions team in reviewing and accounting for complex corporate actions;
• Estimating and posting of monthly closing accruals;
• Partnering with our corporate actions team in reviewing and accounting for complex corporate actions;
• Estimating and posting of monthly closing accruals;
• Calculating of income and expense allocations to each partner, including updating of distribution waterfall based on the terms of the governing documents;
• Determining and preparing distributions and draw-downs;
• Preparing of monthly, quarterly, and annual financial reports to clients;
• Analyzing and calculating of performance metrics for partnerships/accounts as well as for each investment;
• Coordinating with funds’ independent auditors, custodians, prime brokers and fund administrators;
• Performing other tasks as required.

Qualifications

• Bachelor’s degree in Accounting or Finance. CPA a plus.
  
• 10+ years relevant accounting or audit experience within Big 4 or Tier 2 CPA/public accounting or a mix of public accounting and investment management industry experience;
• Strong knowledge of reconciliation and account analysis;
• Excellent understanding of accounting and the ability to apply relevant investment company accounting rules;
• Solid analytical skills and ability to understand and resolve complex problems; and
• Proficiency in Microsoft Excel, Word and PowerPoint.

Personal Attributes

• Self-motivated with strong attention to detail and excellent work ethic;
• Great organizational skills and is able to handle complicated work efficiently and effectively;
• Great organizational skills and is able to handle complicated work efficiently and effectively;
• Takes initiative to ask questions and detect problems;
• Excellent written and verbal communication skills with the ability to work effectively both individually and as a team; and
• Ability to understand and resolve complex problems.