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Fund accounting director

Hervey Bay
Royal Search Group
Posted: 14 June
Offer description

2 weeks ago Be among the first 25 applicants

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This range is provided by Royal Search Group. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.


Base pay range

$120,000.00/yr - $135,000.00/yr


Additional compensation types

Annual Bonus

This is a Director level position within a private equity firm, and this role deals with Fund Administration and Fund Accounting. A minimum of 7+ years of relevant experience is preferred.

This company is growing, stable, in a new office, comes with great benefits, this person will have direct report/s, and have exposure to various segments of the company including C-Suite.

Job Summary:

--Reporting to the MD; this person will direct and oversee the Fund Accounting team which are responsible for:

* Managing the administration and accounting of fund operations and investment portfolios
* Calculating and processing investor-related transactions, including distributions, liquidations, and transfers
* Prepare comprehensive financial reports and detailed Schedules of Investments for each fund
* Draft and maintaining loan and investment agreements between funds and associated properties or entities, while monitoring maturity dates and interest accruals
* Compile trial balances and general ledgers to support annual tax filings and audit processes for the funds

--Review and work in conjunction with Asset Management and Operations regarding cashflow, return calculations, and disposition of investment positions and proceeds to the fund

--Monitoring and approval of fund investments and payments

--Compliance of the fund entities with their Operating Agreement and PPMs, including debt covenants, investor reporting, and any other requirements by custodians/brokers

--Review of investor distribution calculations, fund financials, Trial Balances, reporting packages, and any ad hoc requirements of the funds

Required:

Bachelors Degree in Accounting or Finance preferably

7+ years of relevant experience with Fund Accounting & Administration

Ability to work flexible onsite in Charlotte

Nice to have:

Masters Degree

CPA

Experience working in a Fund Admin


Seniority level

* Seniority level

Director


Employment type

* Employment type

Full-time


Job function

* Job function

Finance and Accounting/Auditing
* Industries

Real Estate and Venture Capital and Private Equity Principals

Referrals increase your chances of interviewing at Royal Search Group by 2x


Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

Paid maternity leave

Paid paternity leave

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