Avp Of Fund Accounting

Job DetailExperience Level ManagerDegree Type Bachelor of Science (BS)Employment Full TimeWorking Type On SiteJob Reference 0000021229Salary Type AnnuallyIndustry Hedge FundSelling Points Lead fund accounting operations for a dynamic financial services firm. Collaborate across departments to optimize workflows and reporting. Drive strategic initiatives and enhance compliance with industry standards.Job DescriptionAVP of Fund Accounting OverviewThe AVP of Fund Accounting will oversee fund accounting operations, ensuring compliance with U.S. GAAP and collaborating with internal teams and external administrators.Coordinate NAV finalization processes, investigate discrepancies, and manage fund administrator relationships for private fund structures.Prepare and review financial statements, regulatory reporting, and investor communications, ensuring accuracy and adherence to standards.Collaborate with internal departments including Operations, Tax, and Compliance to streamline workflows and enhance reporting processes.Develop and implement procedures to optimize fund accounting operations and ensure compliance with governing documents.Engage in strategic initiatives, special projects, and process improvements to support organizational goals.Provide leadership and guidance to team members, fostering a collaborative and performance-driven environment.Ensure timely and accurate preparation of management and incentive fee calculations and fund forecasts.AVP of Fund Accounting Key Responsibilities & DutiesOversee NAV finalization, P&L reconciliation, and allocation processes for private fund structures.Review and reconcile management and incentive fee calculations as per fund governing documents.Prepare and review financial statements, including quarterly unaudited and annual audited reports.Coordinate with external auditors during the year-end audit process to ensure compliance.Prepare monthly fund forecasts, performance estimates, and attribution reporting for senior management.Liaise with internal teams to ensure seamless integration of fund accounting operations.Review and approve expense allocations, operating budgets, and vendor payments.Streamline processes and templates for fund legal documents and reporting workflows.Contribute to firm-level strategic initiatives and special projects to enhance operational efficiency.AVP of Fund Accounting Job RequirementsBachelor's degree in Accounting or Finance required; CPA certification preferred.Minimum of 6 years of relevant fund accounting experience, preferably within private fund structures.Proficiency in U.S. GAAP and advanced Microsoft Excel skills are essential.Experience with Enfusion and Sage Intacct is highly desirable.Strong analytical skills and attention to detail to ensure accuracy in reporting.Ability to collaborate effectively with internal teams and external auditors.Demonstrated ability to manage multiple tasks and prioritize effectively in a fast-paced environment.Positive team player attitude and strong work ethic to drive results.Knowledge of credit fund structures and regulatory reporting is a plus.