Vaco
Fund Accounting Manager
Vaco, Los Angeles, California, United States, 90079
Our client is one of the largest global asset managers in LA with over $xxxB in AUM and is seeking a fund accounting manager (or senior fund accounting manager, if YoE align) to join their team.
What you'll be doing:
Preparing and maintaining the books and records of pooled private investment funds organized as limited partnerships and/or separate accounts;Accounting for and reconciliation of cash, investments and real property;Recording and reconciling of purchase and sale transactions;Accounting for complex corporate actions;Estimating and posting of monthly closing accruals;Calculating of income and expense allocations to each partner, including updating of distribution waterfall based on the terms of the governing documents;Determining and preparing distributions and draw-downs;Preparing of monthly, quarterly, and annual financial reports to clients;Analyzing and calculating of performance metrics for partnerships/accounts as well as for each investment;Coordinating with funds' independent auditors, custodians, prime brokers and fund administrators.
What you'll need:
Minimum 5-7 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;CPA preferred, not required.
What's in it for you:
Hybrid schedule - 3 days a week;401k match (5%), fully paid medical, wellness perks;Competitive compensation with 20% discretionary bonus.Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
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What you'll be doing:
Preparing and maintaining the books and records of pooled private investment funds organized as limited partnerships and/or separate accounts;Accounting for and reconciliation of cash, investments and real property;Recording and reconciling of purchase and sale transactions;Accounting for complex corporate actions;Estimating and posting of monthly closing accruals;Calculating of income and expense allocations to each partner, including updating of distribution waterfall based on the terms of the governing documents;Determining and preparing distributions and draw-downs;Preparing of monthly, quarterly, and annual financial reports to clients;Analyzing and calculating of performance metrics for partnerships/accounts as well as for each investment;Coordinating with funds' independent auditors, custodians, prime brokers and fund administrators.
What you'll need:
Minimum 5-7 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;CPA preferred, not required.
What's in it for you:
Hybrid schedule - 3 days a week;401k match (5%), fully paid medical, wellness perks;Competitive compensation with 20% discretionary bonus.Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
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