The Fund Accountant will be responsible for preparing accurate financial statements, conducting fund accounting, generating financial reports, and calculating Net Asset Value (NAV). Daily tasks also include managing finance-related activities and ensuring compliance with industry standards.
Responsibilities
• Perform monthly balance sheet and income statement reconciliations while working with the Operations department
• Book monthly expense accruals
• Maintain monthly capital allocation files
• Review monthly investor statements
• Coordinate the payment of client expenses each month
• Calculate and manage the payment of management fees
• Respond to ad hoc client requests
• Calculate and coordinate capital activity including capital calls, distributions, and subsequent close equalizations for closed-end funds
• Assist with annual financial statement audits
Qualifications
• Proficiency in Fund Accounting and calculating NAV
• Excellent analytical and problem-solving skills
• Ability to work independently and collaboratively in a hybrid work environment
• Strong attention to detail and organizational skills
• Experience with preparing Financial Statements a plus
• Bachelor's degree in Accounting, Finance, or a related field
About us:
Experienced Advisory Consultants LLC ("EAC") is a premier outsource solution providing Hedge Fund Pre-Launch Consulting, Finance & Accounting, Operations, and Treasury Services. Our team consists of seasoned investment advisory professionals with extensive experience developed while working at some of the premier organizations in the investment advisory industry. EAC has experience with clients from all life cycles of the business, from those in the pre-launch phase to large funds with well-established track records. The goal of EAC is to help the firm maximize operational efficiencies meeting the rigorous requirements of current or potential institutional investors. Our clients range from start up hedge funds to complex multi-billion dollar institutions.
Clients: Hedge Funds, Private Equity Organizations, Venture Capital Firms, Broker-Dealers, and Family Offices
