Accounting Manager / Senior Accounting Manager
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 European Principal Group.
They offer exceptional Benefits including 401K matching, Generous PTO | Holidays, Growth | Succession Planning opportunity. They are working hybrid schedule with flexibility.
Responsibilities
The Accounting Manager/Senior Accounting Manager 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.
- 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;
- 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.
- 5+ years relevant accounting or audit experience within Big Four /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;
- Takes initiative to ask questions and detect problems;
- Superior 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.