Fund Accounting Manager
| Company | Blackstone |
|---|---|
| Location | Jackson Township, NJ, USA |
| Salary | $100000 – $185000 |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior |
Requirements
- BS (or above) in Accounting or Finance
- 6+ years of fund, audit, or administrator experience / 6+ years of public or private accounting experience
- Excellent analytical, technical, and communication skills
- Able to multi-task and effectively manage their own time
- A collaborative team player, always willing to assist colleagues.
Responsibilities
- Calculate and review monthly estimate and final Fund NAV’s, analyze NAV reconciliations with various third-party administrators and custodians
- Review and reconcile the calculation of and pay management and performance fees
- Review and reconcile client capital statements generated by third-party administrators
- Review and reconcile fund foreign currency exposure and coordinate hedging
- Assist and coordinate team members in responding to client requests
- Review customized client reporting including calculation of time weighted returns and IRRs
- Review monthly revenue reporting and assist in review of projections
- Assist in the setup and launch of new products and Funds
- Review cash flow analysis reporting to support the investment process
- Review capital call and distribution calculations and review investor notices
- Collaborate with offshore resources with NAV production
- Collaborate with Operations teams including Middle Office, Pricing, Financial Reporting, Management Reporting, Legal and Compliance, and Regulatory Reporting
- Process investor payments
- Utilize technology and outsourced solutions to enhance efficiencies and controls
- Oversee service providers to achieve superior service
- Oversee expense budgeting, hedging and cash reconciliation, certain client reporting functions, and fund structuring and restructuring
- Work with reporting teams to properly present data in audited financial statements and regulatory filings
- Review legal documents for fund accounting process considerations
Preferred Qualifications
- Experience in private equity and / or hedge funds and / or audit preferred
- Knowledge of SEC / relevant regulatory filings for investment funds preferred
- CPA preferred
- Audit experience is preferred
- Strong Excel skills preferred