Fund Finance Associate

Job DetailExperience Level Sr LevelDegree Type Bachelor of Science (BS)Employment Full TimeWorking Type HybridJob Reference 0000018335Salary Type AnnuallyIndustry Fund Administration;Private EquitySelling Points Elevate your career in fund finance with impactful responsibilities and growth. Collaborate in a hybrid work model offering flexibility and engagement. Enjoy competitive compensation, including bonuses and equity opportunities.Job DescriptionFund Finance Associate OverviewAs a Fund Finance Associate, contribute to managing financial operations for credit funds with precision and efficiency.Collaborate with fund administrators to streamline reconciliation and closing processes for optimal operational performance.Support capital call and distribution activities, ensuring seamless investor communication and fund cash flow management.Prepare detailed financial statements and reporting packages using advanced financial tools and methodologies.Work closely with operations and investor relations teams to maintain data accuracy across reporting systems.Drive process improvements and implement scalable technology solutions to enhance efficiency.Document workflows and contribute to operational enhancements within the finance department.Benefit from a hybrid work model, combining collaborative on-site engagement with remote flexibility.Fund Finance Associate Key Responsibilities & DutiesEnsure accuracy and compliance in NAV calculations for credit funds, adhering to industry standards.Coordinate with fund administrators to resolve reconciliation discrepancies promptly and effectively.Support month-end and quarter-end closing processes, ensuring timely and precise reporting.Prepare and reconcile investor notices for capital calls and distributions, maintaining comprehensive records.Utilize advanced software tools for the preparation of quarterly and annual financial statements.Investigate and resolve reconciling items across multiple reporting systems to ensure data integrity.Implement technology solutions to improve workflows and operational efficiency.Collaborate with cross-functional teams to enhance reporting accuracy and operational processes.Fund Finance Associate Job RequirementsBachelor’s degree in finance, accounting, or a related field is required.Minimum of 2 years of experience in fund finance or related roles; 4 years preferred.Proficiency in financial reporting tools such as Workiva and Anaplan is essential.Strong understanding of NAV calculations and fund cash flow management.Experience with reconciliation processes and resolving discrepancies effectively.Excellent analytical and problem-solving skills to enhance operational efficiency.Familiarity with technology platforms like Stavpay and Allvue is advantageous.Ability to thrive in a hybrid work environment, balancing collaboration and flexibility.