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Account Manager - Private Equity Accounting in Charlotte, NC at AccruePartners

Date Posted: 10/17/2017

Job Snapshot

Job Description

Company Overview
•    World's pre-eminent fund administrators and have over 35 years experience in the provision of administration and other services to their alternative asset clients, many of whom are leading names in the industry
•    Largest independent global administrator
•    Draws upon a global team of more than 3,000 experienced, knowledgeable and highly trained staff to ensure that each client is supported appropriately and service quality standards are not only met, but consistently exceeded
•    Have consistently been ranked "Best in Class" and "Top-Rated" across all locations in recognized industry surveys

Location: Outside Philadelphia, PA


Position Purpose
•    The VP must demonstrate leadership skills in coaching, motivating team members and dealing with client and counterparts in other groups
•    The ideal candidate will have hands-on, Private Equity specific accounting expertise and have demonstrated capabilities in managing the administrative function of multiple private equity funds 
•    The role will support Directors in the Private Equity and Real Estate Fund Services line of business who are responsible for the oversight of the client relationship

Main Job Functions/Responsibilities
•    Maintain and control the general ledger and various sub-ledgers
•    Prepare and review financial statements, footnotes and partner capital statements
•    Prepare and review limited partner and general partner allocations
•    Prepare and review trial balances and work paper product
•    Manage and monitor the timing and quality of client deliverables
•    Overall responsibility for client relationships and meetings
•    Interact with senior management and manage overall relationships for multiple clients
•    Provide technical accounting/industry knowledge to clients
•    Preparation of client service plans including annual budget
•    Establish plan for new client setup and transitions
•    Coordinate with Operations group, Financial Statement group,Tax group, and Investor Relations group
•    Coordinate, manage and monitor external audit process
•    Review private equity fund client’s partnership agreements, PPM’s and other materials
•    Implementation of fund structures on accounting system
•    Ad hoc reports as needed
•    Review trading and operations processes for the Company’s private equity division

Education, Qualifications and Experience
•    8+ years public/private accounting experience
•    8+ years Private equity experience
•    Experience in managing and marketing a new business unit
•    Skills in negotiation, business planning and budgeting, margin analysis, rating agency relations and technical
•    accounting
•    Familiarity with Investran
•    A highly successful record of delivering large scale business/technology reengineering initiatives in the
•    private equity, hedge funds and fund of funds businesses
•    Knowledge of US Generally Accepted Accounting Principles and other comprehensive basis of accounting
•    Experience in reviewing and preparing general ledgers and financial statements
Strong leadership skills and supervisory experience of other professionals
•    Project management skills with attention to detail and proven ability to multi-task
•    Strong written and verbal communication skills
•    Advanced computer skills (Microsoft Excel)
•    Bachelor’s Degree in Accounting, Finance, or Economics
•    CPA designation a plus? Project management skills with attention to detail and proven ability to multi-task
•    Bachelor’s degree in Accounting, Finance, or Economics
•    Strong written and verbal communication skills
•    Working knowledge of Excel