(310) 878-3272
info@pacificexecutives.com
Senior Accounting Manager US Private Debt
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Leading and well established global investment management firm in Downtown LA is looking for a Senior Accounting Manager that will be responsible for maintaining the books and records for various private partnerships and accounts, as well as reporting to clients and the investment team.
Responsibilities:
- Preparation and maintenance of the books and records of pooled private investment funds organized as limited partnerships and/or separate accounts;
- Preparation and/or review of complex management fee and waterfall calculations;
- Recording and reconciliation of cash, investments and other balance sheet accounts;
- Recording of purchase and sale transactions;
- Accounting for complex corporate actions;
- Estimating and posting of accruals;
- Preparation and/or review of allocations of income and expense allocations to each partner, including updating of distribution waterfall based on the terms of the governing documents;
- Proposing and preparing distributions and drawdowns;
- Preparation monthly, quarterly, and annual financial reports;
- Analyzing and calculating 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:
- Minimum 5 years relevant accounting or audit experience within Big Four 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.
- 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.