Entry Level Fund Accountant

Job Description

Job Description

Position Summary

We are seeking an Entry-Level Fund Accountant to support the accounting and financial reporting activities for investment funds. This position is ideal for an early-career accounting professional interested in building experience within the asset management, private equity, hedge fund, or financial services industry .

The Fund Accountant will assist with daily and monthly accounting activities, reconciliations, investment activity, financial reporting, and preparation of fund-level information. The successful candidate will have strong accounting fundamentals, attention to detail, and proficiency with Excel.

Key Responsibilities

• Perform daily and monthly fund accounting activities for assigned investment funds.
• Prepare and post journal entries and maintain general ledger activity.
• Assist with month-end, quarter-end, and year-end close processes.
• Perform cash, bank, investment, and position reconciliations and research discrepancies.
• Record investment transactions, income, expenses, fees, and other fund activity.
• Assist with the calculation and review of Net Asset Value (NAV) and related fund reporting.
• Track capital contributions, distributions, subscriptions, and redemptions , depending on fund structure.
• Assist with preparation of financial statements and investor reporting .
• Maintain schedules supporting fund balances and financial reporting.
• Support external auditors by preparing documentation and responding to audit requests.
• Review accounting activity for accuracy and investigate differences.
• Maintain organized accounting records and supporting documentation.
• Work closely with senior fund accountants, investment operations, administrators, auditors, and other internal teams.
• Assist with ad hoc accounting and financial analysis projects as needed.

Qualifications

• Bachelor's degree in Accounting, Finance, Economics, Business, or a related field .
• 0-2 years of accounting or finance experience ; relevant internships are welcomed.
• Understanding of basic accounting principles.
• Strong proficiency with Microsoft Excel , including formulas, PivotTables, and lookups.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and organizational skills.
• Ability to manage multiple deadlines in a fast-paced environment.
• Strong written and verbal communication skills.

Preferred Qualifications

• Exposure to fund accounting, investment accounting, asset management, private equity, hedge funds, or financial services .
• Familiarity with NAV calculations, investment securities, capital activity, or portfolio accounting .
• Experience with accounting, investment, or portfolio management systems.

Beacon Hill is an equal opportunity employer and individuals with disabilities and/or protected veterans are encouraged to apply.

California residents: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

If you would like to complete our voluntary self-identification form, please click here or copy and paste the following link into an open window in your browser:

Completion of this form is voluntary and will not affect your opportunity for employment, or the terms or conditions of your employment. This form will be used for reporting purposes only and will be kept separate from all other records.

Company Profile:

Founded by industry leaders to set a new standard in search, career placement and flexible staffing, we deliver coordinated staffing solutions with unparalleled service, a commitment to project completion and success and a passion for innovation, creativity and continuous improvement.

Our niche brands offer a complete suite of staffing services to emerging growth companies and the Fortune 500 across market sectors, career specialties/disciplines and industries. Over time, office locations, specialty practice areas and service offerings will be added to address ever changing constituent needs.

Learn more about Beacon Hill and our specialty divisions, Beacon Hill Associates, Beacon Hill Financial, Beacon Hill HR, Beacon Hill Legal, Beacon Hill Life Sciences and Beacon Hill Technologies by visiting

Benefits Information:

Beacon Hill offers a robust benefit package including, but not limited to, medical, dental, vision, and federal and state leave programs as required by applicable agency regulations to those that meet eligibility. Upon successfully being hired, details will be provided related to our benefit offerings.

We look forward to working with you.

Beacon Hill. Employing the Future™