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SalaryStepStone is a rapidly growing Global Private Markets firm who provides customized investment and advisory solutions to some of the most sophisticated investors in the world. With $640 billion of total capital allocations, including $143 billion in AUM, we are highly diversified in the private markets across the globe and provide creative solutions to solve for the objectives of any investment program. With a culture built on entrepreneurialism, partnership and being a team within teams, our firm offers joiners the opportunity to think out loud, collaboratively.
Position Overview
The Senior Associate/Manager on the Corporate Finance team in Charlotte, NC will be integral member of the StepStone Private Wealth (SPW) team, and will be responsible for assisting the Managing Director and Controller of SPW with financial planning, forecasting, and analysis efforts, and helping to provide the leadership team with information required to have a clear and accurate understanding of the organization's current financial situation and drive business performance.
StepStone Private Wealth
SPW is an investment platform designed to expand access to the private markets for high net worth and accredited investors. Our mission is to convert the private market advantages enjoyed by institutional investors into opportunities for individual investors. As a culture-driven organization, we are committed to our core values: precise, passionate, principled, positive, and purposeful.
SPW is a rapidly growing division of StepStone Group, (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory, data and administrative services to its clients. As of September 30, 2023, StepStone was responsible for approximately $659 billion of total capital, including $146 billion of assets under management.
Over four years, SPW has grown to ~$3 billion of AUM across three private market investment strategies. A truly global business, SPW raises capital through US 40 act registered funds, Luxembourg based funds and both Cayman and Australian feeders. Please see StepStone Private Wealth's website at www.stepstonepw.com for the most up-to-date information on SPW and our funds.
Essential Job Functions:
- Own developing a robust budgeting and rolling forecasting framework, implementing the process with strong support from Leadership
- Understand the mandate, processes, and value drivers in each of our business functions, working closely with department heads to develop and review their quarterly/annual work plans and budgets
- Collaborate with business, finance and accounting leadership in analyzing, aligning and reporting key business drivers
- Responsible for preparing and reviewing regular reporting packages focused on actual results compared to forecasts highlighting drivers
- Maintain and develop insightful financial and operational metrics
- Automate and standardize report generating processes and the distribution of information
- Deliver financial and KPI analyses with a high degree of ownership and independence
- Explain methodology for data reporting across the firm and reconcile different sources of information for management reporting with acute attention to detial
- Produce and disseminate ongoing management financial insights to the business and Finance Leadership
- Develop financial presentations for Sr. Management and Board of Directors
- Collaborate with SPW and SSG Leadership including the Chief Financial Officer in the development of company financial targets; perform external/ industry benchmarking
- Partner with accounting staff in monthly and quarterly review of financial statements as part of the ongoing close process and reporting calendar, providing insight on significant variances
- Develop materials for and coordinate periodic meetings with budget holders to review variance analysis
- Manage and oversee reporting along with domestic and offshore team
- Lead ad hoc projects with limited oversight
Education and/or Work Experience Requirements:
- Four-year degree in Accounting or Finance; MBA and/or CPA preferred
- Excel experience that includes the ability to design and maintain complex financial models and to create high-quality financial presentations
- 8+ years of progressive financial analysis and/or accounting experience
- Experience using an ERP system such as NetSuite
Required Knowledge, Skills, and Abilities
- Exhibits a high level of attention to detail
- Feels a strong ownership of and takes prides in delivering thoughtful and consistent work product
- A big picture view and capability on financial analysis of company performance
- Ability to synthesize large volumes of data into materials that can be used to drive decision making
- Ability to grasp the industry in which we work and key drivers of performance
- Demonstrated ability to work independently
- Strong interpersonal skills and the ability to perform strong partnerships across all functions of the business
- Strong capability to present findings, work product, and analysis to internal and external parties
- Problem solving and investigative skills, coupled with a creative analytical orientation
- Excellent written/verbal communication and interpersonal skills
About us
Working out of 26 offices in 15 countries, StepStone has a truly global viewpoint. As people are our biggest asset, we offer resources to help our employees reach their full potential. Our principles are based on integrity, transparency, respect and creativity, which together define how we do business.
Join us
When you choose to work at StepStone, you'll find a group of professionals who are passionate about anticipating changes, solving problems and working together to make it all happen. Our integrated global team shares insights into how managers think and operate, as well as how they might perform.
StepStone offers a competitive compensation package including salary and incentive compensation for all full time hires, as well as a comprehensive benefits package.
Benefits
We offer a range of benefits which include comprehensive healthcare, strong retirement plan, a mental health well-being program, paid time off, student loan repayment program for our US office locations, and several wellness initiatives.
Disclaimer / Policy Statements
At StepStone, diversity, equity and inclusion are an integral part of our culture. We are an Equal Opportunity Employer that strives to create an inclusive environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups representing our dedication to Diversity, Equity & Inclusion.
As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.
Developing People at StepStone
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