An SEC-Registered Investment Advisement firm in West LA is looking for a Fund Accountant who will be responsible for day-to-day fund accounting, financial reporting and portfolio analyses. The fund accountant will interact directly with the Firm's operations and accounting, investor relations, trading, prime brokerage and fund administration personnel on a daily basis. In addition to fund accounting and analytical skills and substantive work experience, the ideal candidate must possess an optimistic attitude, a high degree of independence, good teamwork, an ability to thrive in a fast-paced environment and a willingness to contribute however and wherever possible.
Responsibilities:
Perform daily, monthly and quarterly closing and reconciliation between the fund administrator, custodian, prime brokers and the Firm
Review and prepare full internal-shadow accounting: balance sheet, income statement and NAV calculation (income and expense accruals)
Review and reconcile NAV packages from the fund administrator, including management and performance fees, P&L, RORs and other performance metrics and monthly statements
Produce, review monthly reports to investors, and internal constituents (analysts, portfolio managers, investor relations)
Review of annual U.S GAAP financial statements, including audit support, analytical review, research and resolution of discrepancies
Review and prepare backup to regulatory reporting (Form PF, Form ADV, Form 13-F, etc.) and ad hoc reporting requests (e.g., monthly portfolio analyses, exposure, risk attribution analysis)
Prepare, monitor and analyze daily portfolio pricing, system uploads
Assist the Firm’s Valuation Committee with the monthly portfolio valuation process
Qualifications:
Minimum of 3-5 years of fund accounting experience with exposure to fund administrators
Bachelor’s degree in accounting, finance or similar field
Experience with a variety of investment strategies and asset classes
Knowledge of credit asset classes, including bank loans, is a plus but not required
Preferred experience from a fund administrator; or a hedge fund or private equity manager
Strong analytical, critical thinking, quantitative and advanced Excel skills
Familiarity and ability to learn various accounting, related management systems, like Wall Street Office and thinkFolio, and fund administrator systems, like Aexeo Citco, US Bank or SS&C
Highly detail oriented with demonstrated accuracy in a deadline driven environment
Proactive and self-motivated with the desire to work within an integrated team to resolve time sensitive issues in a fast-paced environment