• Manager, Accounting (Fund)

    Job ID
    # of Openings
    Job Locations
    US-CA-Los Angeles
    Posted Date
    3 hours ago(6/18/2018 4:04 PM)
    Accounting - Private fund
  • Overview

    The Accounting Manager is responsible for the general day-to-day maintenance of partnerships and investments assigned. Responsibilities include: quarterly financial statements, capitals and distributions, fee calculations, fair value analysis, cash projections, monitoring of agreements and reporting, maintaining credit facility, basis relief entries, monthly accruals, repetitive payments. This individual will play an important part in designing and implementing ongoing procedural changes and automation initiatives, in a fast paced environment characterized by strict adherence to tight deadlines and dedication to quality control in all aspects of the process.


    Fund Accounting

    • Read and understand Partnership Agreements
    • Prepare capital calls and distributions
    • Maintain capital commitment report
    • Manage monthly expense accruals and payments
    • Calculate management fees
    • Foreign currency transactions
    • Quarterly financial statements
    • Consolidation/Elimination entries
    • Quarterly investor reporting
    • Manage any necessary audits or reviews


    Cash Management

    • Review daily cash balance report
    • Maintain cash projections
    • Read and understand credit facility
    • Manage line of credit borrowings and pay downs
    • Maintain interest accruals and amortization of fees related to credit facility
    • Process deal funding
    • Calculate capital calls and distributions


     Investment Responsibilities

    • Understand deal structure
    • Read and understand all related agreements/documentation relating to the investment
    • Periodic review of investment performance and Company’s intent against underwriting
    • Investment’s capitalization
    • Track 3rd party debt


    Other Responsibilities

    • Supervise staff
    • Approval of staff journal entries
    • Invoice coding for A/P department
    • Investor Requests
    • Other projects as required




    • Bachelor’s Degree in Accounting preferred
    • 4-6 years of public and/or fund accounting
    • CPA preferred


    Skills and Attributes

    • Self-starter
    • Effective team member
    • Ability to multi-task
    • Highly organized / detail oriented
    • Desire to work in high paced and dynamic environment
    • Strong interpersonal skills and the ability to communicate with all levels of management
    • Ability to delegate work to staff accountants
    • Excellent oral and written communication skills
    • Proficient with MS Word and Excel
    • Experience with financial Reporting systems (Business Objects) and tools highly desirable
    • YARDI experience







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