September 21, 2016

Fund of Funds Accounting, Associate

Dynamics Associates - New York, NY

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  • Company
    Dynamics Associates Dynamics Associates
  • Location
    New York, NY
  • Job Type
  • Job Classification
    Full Time
  • Company Ref #
  • AJE Ref #
  • Number of Positions

Job Description

A leading Private Equity firm is seeking a Fund Accounting Associate to perform accounting, reporting and operational tasks associated with a complex private equity fund structure investing primarily in fund-of-funds. This stellar candidate will manage all daily records of financial transactions, cash management, and regulatory reporting. This is the perfect buy-side opportunity for someone who wants to gain direct exposure to the founders.


* Daily recording of all financial transactions in Investran for several private equity fund structures and related entities
* Cash management and bank account reconciliation
* Calculation of capital calls, distributions, management fees, income and expense accruals and amortization schedules
* Allocation of income in accordance with the terms of the fund agreements
* Maintenance and reconciliation of intercompany transactions
* Preparation and issuance of quarterly US GAAPfinancial statements for each entity
* Assist with any regulatory and tax filings
* Assist in providing information required to address investor requests
* Maintenance of detailed data relating to investments, investors and fund entities


* Bachelor's degree in Accounting with a minimum of 2+ years experience in private equity fund accounting
* CPApreferred
* Highly proficient using Investran and Excel
* Strong knowledge of partnership agreements
* Strong knowledge of US GAAP accounting requirements and audit process
* Strong oral and written communication skills
* Strong client service skills
* Experience with Investran automation and reporting tools including Report Wizard, the interest and dividend AT, subsequent close AT, etc.
* Experience with Sungard DX
* Knowledge of Lotus Notes, SAP and Sharepoint