Job Description

Our client is a leading alternative investment firm with a strong presence in private equity. With decades of experience and a focus on value-driven investments, the firm is known for its dynamic culture, commitment to excellence, and collaborative environment. They provide employees with exceptional opportunities for growth, mentorship, and exposure to a wide range of investment strategies.

Title: Finance/Accounting Associate – Private Equity (NYC, Hybrid)

Location: New York, NY (Hybrid – 3-4 days in the office)

Key Responsibilities:

• Supervise and collaborate with third-party administrators to review complex private equity fund structures, including multiple alternative investment vehicles, special purpose vehicles, blocker entities, continuation funds, and co-investments.
• Prepare and review quarterly trial balances, financial statements, and supporting work-paper packages for private equity control funds, including special purpose vehicles and blocker entities.
• Oversee capital allocations, capital contributions, and distributions, including carried interest calculations.
• Coordinate year-end audits, working closely with external auditors and providing necessary supporting documentation.
• Assist in the preparation of investor performance reports, including IRR calculations, and support investor relations teams in responding to investor inquiries.
• Work with deal teams to compile portfolio valuations quarterly, ensuring compliance with audit recommendations and standard industry practices.
• Regularly communicate and coordinate with various internal teams, including operations, treasury, and asset management, to support financial processes.
• Participate in process improvement and technology initiatives within the finance team.
• Handle ad hoc projects and cross-departmental initiatives as needed.

Qualifications:

• Bachelor’s Degree in Accounting, Finance, or a related field.
• 2-6+ years of relevant experience in public accounting and private equity fund administration or direct private equity accounting.
• Strong understanding of journal entries, financial statements, and financial reporting processes within private equity.
• Proficiency in Microsoft Excel; experience with Investran, Hazeltree, or Sage is a plus.
• Exceptional organizational, communication, and analytical skills.
• Proactive mindset with the ability to thrive in a fast-paced, team-oriented environment.
• Strong attention to detail and ability to handle confidential information with discretion.
• CPA preferred but not required.

Compensation:

• Base Salary: $110,000 - $175,000
• Annual Bonus: Up to $30,000
• Comprehensive benefits package, including:
• 100% company-paid healthcare (no out-of-pocket costs)
• Paid-for lunch and dinner