(310) 878-3272
info@pacificexecutives.com
Fund Accountant
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Leading private equity investment firm in West LA is looking for a Fund Accountant with 2-4 years of accounting experience, a working knowledge of GAAP, federal and state income tax, and prior experience in fund accounting is preferred. The ideal candidate is professional, proactive, self-motivated, has a strong work ethic and can perform both transactional day-to-day activities, as well as drive accounting projects to closure.
Responsibilities:
- Preparation of quarterly and annual financial reporting packages, including fund and co-investment financials and allocations, as well as individual Limited Partner reporting.
- Ownership over G/L (daily journal entries, monthly reconciliations, monthly close).
- Creating investment purchase and sales transaction journal entries, including unrealized gain/loss, realized gain/loss, and equity allocations.
- Maintaining management company and general partner accounting records.
- Working closely with auditors to prepare annual audited financials.
- Working closely with tax advisors in filing state and federal tax returns.
- Working directly with other teams to provide accounting data for investor presentations.
- Calculating LP capital calls and distributions.
- Addressing ad hoc and routine LP requests.
- Cash management, including wire transfers and online banking.
- Managing vendor relationships and all AP/AR functions, expense reimbursements and portfolio billing.
- Monitoring accounting compliance by maintaining reporting and process-driven checklists.
- Applying terms of partnership agreements and contracts to accounting.
- Overseeing third party service provider by delegating projects and reviewing deliverables.
- Special projects and support of all other accounting functions as needed.
Qualifications:
- Bachelor’s Degree required.
- Two to four years of related accounting experience.
- CPA candidate preferred.
- Excellent written and oral communication skills.
- Strong organizational skills and attention to detail.
- Ability to prioritize and multitask in a dynamic, fast-paced business environment with impeccably high standards of professionalism and quality.
- Ability to work with minimal direction.
- Proficient with Microsoft Word, Excel, PowerPoint, Zoom, Slack, Outlook and Adobe Acrobat.
- Familiarity with Sage Intacct, Investment Café and bill.com is a plus.
- Strong understanding of GAAP and fair value accounting.
- Experience in Fund/Partnership Accounting, including income allocations, capital calls, management fee calculations.
- Solid general accounting skills related to booking journal entries, monthly reconciliations, and closing the books.