Senior Manager - Fund Accounting

Senior Fund Accounting Manager

We provide accounting and reporting, administration, treasury, technology, tax compliance, and auditing services. Ultimus LeverPoint works with the fund and general partnerships, real estate funds, special purpose vehicles, blocker entities, co-investment entities, mezzanine funds, credit funds, and buyout funds to provide fund administration, management company, and treasury services, as well as Tax and FATCA services.
 

Summary

The Senior Manager, Fund Accounting is responsible for overseeing the day-to-day operations of client Funds and communicate directly with the General Partners of the Funds. This position will require regular interaction with clients, team members and management. This position requires a mastery of complex private equity accounting skills, the ability to oversee the complete financial reporting and capital call/distribution process and direct oversight of Staff Accountant I, II (Fund), Senior Accountant I, II (Fund), Associate Manager team members. This position serves as a resource to members of the team, in addition to Senior Management, providing guidance, training and additional support as needed.

Responsibilities

        Oversee the preparation and distribution of quarterly financial statements to the Limited Partners to report information regarding the performance of the Fund;

        Oversee the preparation of schedules to support the general ledger balances reported in the financial statements;

        Calculate, prepare, and distribute capital call notices to the Limited Partners to notify them when contributions are due;

        Understand and interpret terms set forth within the Limited Partnership Agreement;

        Calculate and review complex waterfall structures;

        Complete required regulatory forms to ensure the Fund complies with specific regulation requirements;

        Calculate and distribute proceeds to Limited Partners to return capital owed to them;

        Communicate directly with the General Partners and respond promptly to their requests to provide them with the information they require;

        Review investment packages to confirm the securities purchased are wired to the correct beneficiary and are for the appropriate amounts;

        Calculate management fees owed to the Management Company for the investment and portfolio management services they provide to the Fund;

        Interact with auditors and provide them with reports/support to assist them during the audit;

        Complete audit confirmations to satisfy procedures performed for the audits of the Limited Partners;

        Ability to multi-task between different tasks, client deliverables and internal demands throughout the day;

        Provide supervision, guidance and coaching to the team, including regular training support as needed;

        Conduct ongoing team trainings while providing input as to the continued training opportunities at a global-company level;

        Provide daily leadership across the team and the organization.

        Additional duties as assigned by Senior Management.

Requirements

        5 - 7+ years' supervisory experience in the following: performance management (including coaching, progressive discipline, performance review delivery etc.), training, talent acquisition and retention;

        5 - 7+ years' (relevant) experience in Accounting or related field;

        Minimum of a Bachelor's Degree in Accounting or related field;

        Advanced degree (MBA or MSA) in Accounting or related field strongly preferred;

        Certified Public Accountant (CPA) license is strongly preferred;

        Experience in forecasting and budgeting during an accelerated growth period;

        Proficient in Microsoft Office Suite with knowledge of Investran or other partnership accounting software a plus;

        Ability to multitask, time management, attention to detail, planning and problem-solving skills required;

        Ability to communicate and interact professionally and effectively through written and oral communication with current and potential clients and;

        Ability to work in a fast-paced environment and handle/manage multiple team and individual priorities and deadlines.