Financial Services Senior Accountant Needed-Newport Beach in Newport Beach, CA at Vaco

Date Posted: 6/13/2019

Job Snapshot

Job Description

Accountants, don't get lost in the numbers! Our client has an immediate opportunity for a Senior Accountant. Instead of being another faceless resume, let Vaco advocate for you. At Vaco, we give you an advantage over your competition! Our recruiters have direct relationships with hiring managers, so they can connect your work experience to the open job-promoting your strengths to the manager while preparing you for that specific interview.

Our client in the Newport Beach area is currently seeking a Senior Accountant with Private Equity accounting experience to join their team for an open ended contract role.

The primary purpose of this position is to assist the Private Equities Accounting team with all aspects of operations, accounting, and reporting as it relates to funds managed by our client.


  • Operational Responsibilities:

-Ensuring emails are properly addressed in a timely fashion and overseeing the day to day cash activity. Review and prepare as needed documentation related to capital calls, distributions, revenues, expenses, etc.

-Reviewing weekly cash reports.

-When coverage needed, working with treasury/banks/investments, etc. in resolving any issues that arise from the daily operations.

-Address investor and investment requests, as needed.

-Be the key contact for assigned fund(s) and maintain good relationship with client(s).

Financial Accounting & Reporting Responsibilities:

-Take full ownership of assigned tasks and reports and pay close attention to detail. Accounting and reports should be accurate and reliable. Ensure data is prepared in a timely manner and there is enough review time for management.

-Maintain general ledger for assigned funds: preparing journal entries for investment valuation true ups, accruals, unfunded commitments, etc.

-Responsible for preparation of Admin, Management Fee and Carry Calculations.

-Responsible for quarterly close of funds and associated reporting requirements on a monthly/quarterly/annual basis. Reports include, but not limited to: financial statements, partner capital statements, manager letters, compliance reporting, etc.

-Responsible for assisting with year-end audits: oversee preparation of audit schedules and liaise with auditors.

-Responsible for analyzing fund performance on a weekly/monthly/quarterly basis. Reports include, but not limited to: monthly performance summaries, weekly yield analysis report, quarterly underlying investments data analysis related to industries, geography, capital structure, etc.

-Responsible for preparation of monthly marketing presentations for assigned funds.

-Responsible for Portfolio Management adhocs as needed.

-Maintain organized and properly referenced support and ensuring documentation of workpapers is clean and easy to follow for the reviewer.

-Ask questions earlier in the process or as they arise and staying on top of the review to ensure comments are cleared and deadlines are met.

Job Requirements

Accounting or Finance Bachelor's Degree 3+ years of corporate accounting experience, preferably in a Private Equity organization