Alternative Investments Accountant

About the Role

Alternative Investments Associates and Accountants work as part of a team responsible for providing accounting, administration, and investor servicing for hedge funds, private equity funds, and closed-end registered products.

Key Responsibilities

• Calculate net asset value(s).
• Disseminate financial and performance information to the investment advisor and their investors.
• Act as primary fund accountant on multiple relationships, ensuring all fund accounting functions are completed in accordance with Generally Accepted Accounting Principles (GAAP).
• Record trade information, income/expense activity, and apply valuation of securities in the portfolio accounting system.
• Enter and reconcile all investor contributions and withdrawals in the partnership accounting system.
• Allocate fund-level profits to individual investors for the preparation and distribution of investor statements.
• Review and coordinate fund expense analysis and expense processing.
• Prepare fund financial statements, audit, and tax schedules.

Requirements & Tech Stack

• Bachelor's degree in Accounting, Finance, or a business-related field, or equivalent work experience.
• Less than two years of related experience, preferably in portfolio/partnership accounting.
• PCS (Investran) and Cascade knowledge is a plus.
• Thorough knowledge in accounting, reporting, and analysis.
• Ability to identify and resolve/escalate complex problems with minimal guidance.
• Ability to manage multiple tasks/projects and deadlines simultaneously.
• Effective interpersonal, verbal, and written communication skills.
• Proficient computer navigation skills using a variety of software packages including Microsoft Office applications.