Fund Accounting Associate

Job Description

Job Description

We are assisting a fast growing, investment manager with more than $2 billion in assets under management dedicated to making the world a better place. Founded by veterans of some of America's most prominent companies in their industry.

We are looking for a sharp, detail oriented Associate to join our Finance team and play a key role in the accounting and financial operations of our closed ended private fund structures. 

Job Description:

Fund Accounting & Quarterly Close (approx. 60% of time)

• Execute all quarterly close accounting: journal entries, cash reconciliations, capital account allocations, and fee calculations
• Advise the third-party fund administrator on GAAP purchase and sale accounting
• Review quarter-end investor statements and unaudited financial statements in coordination with the fund administrator
• Manage the ongoing relationship with the external fund administrator

  Year-End Audit (approx. 30% of time)

• Assist with the preparation of year-end audited financial statements
• Coordinate with external auditors to ensure timely and accurate audit completion

  Capital Activity & Compliance (approx. 10% of time)

• Manage capital calls and capital distributions for assigned funds
• Assist with data preparation for regulatory filings and annual/quarterly tax reporting
• Support ad hoc projects and cross-team initiatives as needed
  

Ideal Candidate Profile

• CPA designation required
• Bachelor's degree in Finance, Accounting, or a related field
• 3–4 years of accounting experience in private or public accounting, with a focus on private equity or hedge fund clients
• Demonstrated experience coordinating year-end financial statement audits with external auditors
• Prior experience working with a third-party fund administrator
• Working knowledge of waterfall calculations, capital calls, and capital distributions
• Strong proficiency in Microsoft Office; advanced Excel skills required
• Preferred: experience with credit, asset-backed securities, consumer loans, or securitizations

Hoxton Circle is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.