Senior Consultant, Private Capital Fund Accounting - $85-95K plus 7-10% Bonus & Pension

Senior Consultant, Private Capital Fund Accounting – $85-95K plus 7-10% Bonus & Pension

JOB DESCRIPTION:

Private Capital Administration provides third-party clients with comprehensive administration, financial accounting, and investor reporting services for their funds. Fund products supported include venture capital, buyout, mezzanine, life sciences, secondaries, fund of funds. Services include assistance with investment and divestment execution, investor drawdown and distributions, financial reporting and investor reporting. Day-to-day responsibilities for a Private Capital Administration Senior Consultant include coordinating client service deliverables/projects, setting short-term priorities, and ensuring timely and accurate completion of tasks. Interact with PE Fund clients directly and manage issues and client expectations, if necessary. Possesses the knowledge, leadership and organizational skills required to prioritize assignments and provide assistance to staff. Candidate will be able to operate independently and may be requested to work on large and/or complex projects/initiatives as needed. Major Duties Be technically competent regarding complex, extensive, high profile transactions surrounding all PE Fund activity e.g. capital calls, distributions, management fees’ investment purchases, divestments, carried interest calculations, etc. ensuring they are executed according to the LPA and standard accounting policies and procedures. This may require direct interaction with external senior investment management/principals and/or CFOs, Controllers, CCOs. Provide input, maintains and monitors departments risk management and compliance programs for assigned team. Monitors client relationship and servicing activities to ensure the team is adhering to the client’s service level agreement. Establishes & cultivates working relationship with clients and partners. Act as key communicator between the client and client service teams for the deliverables and servicing activities. Understands client needs and reviews service requests to ensure the request has adequate information for a successful implementation. Coordinates and participates in training presentations regarding area’s products and services with partners and conducts on-the-job training with staff. Ensures that all necessary client documentation is completed according to audit guidelines. Monitors turnaround times so that product/services are provided by due date. Monitors and verifies account set up, maintenance and services for accuracy and completeness. Reviews all bespoke, non-standard procedures for account processing. Provide management updates on transactions, including statistics on volume, productivity, new developments, service and sensitive issues on a regular basis. Completes department and individual Key Performance Indicators per established procedures. Provide input and assist in implementing new technology and efficiency initiatives. Qualifications This position is technical and service relationship oriented. Knowledge of private equity fund industry, products and services for specified area, usually obtained through training and/or related work experience is critical and required to service clients. Communication and negotiation skills are required to ensure client satisfaction. Analytical skills are required in reviewing, researching and resolving issues surrounding accounting and financial aspects across transactional and summary levels. Experience 3-4 years of accounting /securities operations experience and 5-6 years private equity fund accounting/administration experience with demonstrated growth of responsibility is a must with a minimum of 3 years client servicing or related experience. We are looking for individuals who have the ability to work effectively in a team environment, exhibiting initiative, leadership, and flexibility. The ideal candidate will have a formal education in accounting and/or related business degree, understand the complexities of the private equity markets via past experience, and be well acquainted with Investran and MS Suite of Systems (Excel/Access/Word) (intermediate/advanced level). How this position fits into the Client organization This role is designed to be the same level as a Team Lead but without the direct reports. You can think of this role as a Subject Matter Expert on the team that will be responsible for higher level review. What is exciting about this opportunity Very collaborative team, working with one of the client’s biggest clients. This team will be challenging/ rewarding, and they are committed to professional growth, always looking internally first when looking to hire. Client Extras Great Work/Life Balance on top of 36-40 full days of PTO, Numerous ways to Promote, 4% Pension, Very Little Travel, Top Notch Exposure, all with a Fortune 500 company. #J-18808-Ljbffr ACCsurance, LLC