Senior Accountant, Partnership Accounting - Operations

Position Summary The Senior Accountant takes primary responsibility for the operations of his or her assigned entities. Responsibilities include booking and reviewing entries, cash flow maintenance, tax compliance, investment and distribution activity (transactions) and investor inquiries. Responsibilities Daily/Monthly Activity Financial Reporting and Compliance: Conduct and oversee the preparation and booking of complex journal entries within the Investran database, ensuring adherence to GAAP, Limited Partnership Agreement, and other regulatory requirements. Leadership and Development: Lead, mentor, and provide ongoing training to staff accountants, fostering a culture of continuous improvement and professional development within the team. Investor Relations: Serve as a primary contact for investors; create, analyze, and review comprehensive investor reports. Address investor inquiries promptly, providing detailed explanations as required. Cash Management: Oversee fund cash management activities, including the review of bank reconciliations, to ensure accuracy and compliance with internal controls and financial policies. Reconciliation and Analysis: Perform and supervise the preparation of daily, monthly, or quarterly reconciliations for asset, liability, and equity accounts, identifying discrepancies and implementing corrective actions as needed. Financial Documentation and Audit Support: Lead the preparation and review of the Fund's trial balance and supporting documentation, ensuring accuracy and readiness for internal and external audit engagements. Transactions (capital calls & distributions) Capital Management: Calculate and review capital calls, distributions, and waterfalls (if applicable), ensuring accuracy and compliance with fund agreements. Investor Communication: Draft and review communications to investors regarding capital transactions, maintaining transparency and fostering investor confidence. Ensure the accurate and timely delivery of these communications, leveraging technology to streamline processes. General Responsibilities: Continuous Improvement: Continually assess and refine accounting processes and systems to enhance efficiency, accuracy, and compliance. Cross-functional Collaboration: Work collaboratively with cross-functional teams to ensure a cohesive approach to financial management and investor relations. Technology and Innovation: Embrace and integrate new accounting technologies and data analytics tools to enhance financial reporting, analysis, and decision-making processes. Qualifications Education & Certificates Accounting Major, or equivalent accounting work experience in addition to Bachelor’s Degree in another field, required. CPA, preferred Professional Experience Minimum 2-4 years prior experience in Accounting (public or private), required. Demonstrated accounting knowledge with the capability and desire to learn the accounting and financial principles related to private equity and the ability to apply the principles to the tasks at hand. Advanced skills in MS Excel. Knowledge of Microsoft Office products and adaptability to internal accounting software packages (Investran). Partnership and/or Tax experience preferred. Ability to work in a fast paced environment. Excellent Communication skills (written and oral). Ability to apply abstract financial and accounting theory to real world investment scenarios. Demonstrated ability to work effectively as part of a team. Strong organizational skills and attention to detail a must. The compensation range for this role is specific to DC and takes into account a wide range of factors including but not limited to the skill sets required/preferred; prior experience and training; licenses and/or certifications. The anticipated base salary range for this role is $110,000 - $115,000. In addition to the base salary, the hired professional will enjoy a comprehensive benefits package spanning retirement benefits, health insurance, life insurance and disability, paid time off, paid holidays, family planning benefits and various wellness programs. Additionally, the hired professional may also be eligible to participate in an annual discretionary incentive program, the award of which will be dependent on various factors, including, without limitation, individual and organizational performance. #J-18808-Ljbffr