Senior Accountant

Department: Fund Operations | Location: Owings Mills, Maryland | Reporting to: Senior Accounting Manager
Experience: 3 – 4 Years of Experience | Status: Salaried, Full-time | Travel: N/A

We are currently offering a Senior Accountant position (operations focused) on our Fund Operations team. This position will report directly to the Senior Accounting Manager to ensure accounting-related investor communications are calculated and delivered to our clients’ investors (LPs) accurately and efficiently. This is a unique role with the opportunity to learn the back-office & LP-facing side of various venture capital clients, prior to financial accounting.

Essential Job Functions:

• Prepare and review capital call calculations, supporting files and LP/GP email notifications
• Prepare and review LP capital call notices and perform export from Client Relationship Management system
• Prepare and review calculations of late admit interest, management fee reduction allocations
• Fund Distributions
  • Prepare distribution proposals, including carry distribution calculations, for Senior Accounting Manager/Partner review
  • Prepare distribution allocation calculations, supporting files and LP/GP email notifications
  • Prepare distribution notice investment write-ups and perform export of notices from Client Relationship Management system
  • Track proceeds of various returns on investments and coordinate with Fund Accounting Team/outside brokers on timing
  • Coordinate with Tax Team to determine any required tax distributions or withholdings
• Prepare extensive special LP reports for release alongside standard reporting
• Cash Management
  • Prepare recycling calculations on a monthly basis or as requested by client
• Assist with the onboarding of new funds to required files as needed
• SOC 1 Report
  • Work with audit team(s) to help them understand key processes, provide them with all requested support and ensure deadlines are appropriately met.
• Other Duties as assigned
• Upward Management
  • Determine timelines of delivery for review
  • Ensure Senior Accounting Manager is in the loop with any and all complexities or issues
  • Solicit feedback on process

Education and/or Work Experience Requirements:

• Minimum of 3-4 years of experience, preferably in Big Four public accounting
• Bachelor’s degree in accounting
• Elevated level of demonstrated proficiency with Microsoft Excel

Required Knowledge, Skills, and Abilities

• Must be an excellent communicator, both internally and externally facing
• Must be an excellent multitasker and time manager, with a strong ability to prioritize work as we typically issue groups of investor communications each week
• Impeccable attention to detail and organization, a successful problem solver, and a team player
• Strong basis of GAAP and financial accounting required
• High level of demonstrated proficiency with Microsoft Excel, and financial modeling
• Works well under pressure and responds to deadline with urgency
• Willingness to learn new systems, focus on automation
• Experience in Salesfore, Allvue preferred but not required