Fund Accountant - Manager in Boca Raton, FL at Vaco

Date Posted: 1/4/2022

Job Snapshot

  • Employee Type:
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  • Experience:
    At least 4 year(s)
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Job Description

We are looking for a Senior Fund Accountant Manager to join a great organization!

Job Description

Responsibilities Summary:

The senior fund accountant is responsible for the preparation and review of hedge fund and private equity fund valuations, including portfolio valuation, fee computation, various accruals, and income allocations. In addition, the incumbent will be involved in the preparation and review of the annual audit reports, act as a direct liaison with the fund managers, auditors and other related parties. As a senior fund accountant, the candidate will be expected to provide oversight to other fund accountants including the review of monthly valuations, providing training and insight where necessary and assisting management with firm operations.

Specific Responsibilities:

  • Maintain tax lots of investments and record investment level transactions in the Fund's books and records
  • Ongoing review and compliance with SSAE-16 controls and procedures
  • Prepare initial draft of a fund's annual financial statements with footnotes in accordance with GAAP, and provide audit assistance to independent audit firms during the fund's annual review.
  • Prepare reconciliations of fund cash and investment positions to the prime broker/custodian accounts and track fund level expenses, accruals, management fees, and incentive fees.
  • Assist with business development, specific reporting/analysis requests, and special projects.


Required/Preferred Skills and Experience:

  • Bachelor's degree in accounting or finance required
  • CPA required
  • 7+ years experience in the fund administration of hedge and PE funds
  • Experience with Yardi accounting software preferred but not required
  • Background in accounting for various types of entities including private equity funds, hedge funds (Master Feeder Structures, Standalone Entities, Side by Side and Segregated Portfolios)
  • Expertise in various investment instruments including equities, fixed income, options, futures, private equity, mutual fund investments, and/or real estate
  • Ability to excel in a fast-paced, entrepreneurial environment
  • Strong communication skills, organizational skills, and attention to details