Fund Accountant

Fund Accountant

Location: NJ / NY (Hybrid – 3 days in office) 

Supervises a team of administrators who are responsible for providing accounting, administration and investor servicing to investment companies and advisers. Serves as trusted advisor to clients by continually assessing changing business and strategies, as well as providing expertise, tools and information to focus on growing investments.  Acts as the escalation point for all clients assigned to the team and directs issue resolution and process changes to support client needs. Proactively identifies risk-related issues through review of qualitative and quantitative data, anticipates obstacles and then implements mitigating solutions.

Job Description

Works on a team of administrators (with some supervisory duties similar to a low senior accountant in public accounting) who are responsible for providing accounting, administration, financial reporting and regulatory reporting services to investment companies (including, but not limited to, hedge funds, private equity funds, CLOs etc.) and advisers. Serves as trusted advisor to clients by continually assessing changing business and strategies, as well as providing expertise, tools and information to focus on growing investments. Acts as the escalation point for all clients assigned to the team and directs issue resolution and process changes to support client needs. Proactively identifies risk-related issues through review of qualitative and quantitative data, anticipates obstacles and then implements mitigating solutions. Reviews the accounting and financial statement information provided for audit and tax reviews, documentation and set-up of the accounting principles for unusual investment types, and set-up/processing of complex expense and incentive fee calculations and reconciliation items.

Basic Qualifications
Bachelor's degree in accounting, finance or related field, or equivalent experience
Two to Four years of experience in alternative investments industry alternative investments industry either at a fund, an administrator or at Big Four / Midsize public accounting firm doing fund audits.

Preferred Skills/Experience

• Working knowledge of Microsoft Office products

• Basic knowledge of Advent applications preferred                                                             
• Knowledge of the Confluence financial reporting platform preferred                 
• General knowledge and understanding of portfolio accounting and the investment   management industry
• Excellent verbal and written communication skills
• Proven team-oriented, leadership and organizational skills