Fund Accounting Manager ( or Sr. Manager )
Company: Vaco
Location: Los Angeles
Posted on: April 16, 2024
Job Description:
Our client is one of the largest global asset managers in LA
with over $xxxB in AUM and is seeking a fund accounting manager (or
senior fund accounting manager, if YoE align) to join their
team.
What you'll be doing:
-
Preparingandmaintainingthebooksandrecordsofpooledprivateinvestmentfundsorganizedaslimitedpartnershipsand/orseparateaccounts;
- Accounting for and reconciliation of cash, investments and real
property;
- Recording and reconciling of purchase and sale
transactions;
- Accounting for complex corporate actions;
- Estimating and posting of monthly closing accruals;
- Calculating of income and expense allocations to each partner,
including updating of distribution waterfall based on the terms of
the governing documents;
- Determining and preparing distributions and draw-downs;
- Preparing of monthly, quarterly, and annual financial reports
to clients;
- Analyzing and calculating of performance metrics for
partnerships/accounts as well as for each investment;
-
Coordinatingwithfunds'independentauditors,custodians,primebrokersandfundadministrators
What you'll need:
- Minimum 5-7 years relevant accounting or audit experience
within Big Four public accounting or a mix of public accounting and
investment management industry experience;
- Strong knowledge of reconciliation and account analysis;
- Excellent understanding of accounting and the ability to apply
relevant investment company accounting rules;
- Solid analytical skills and ability to understand and resolve
complex problems;
- CPA preferred, not required
What's in it for you:
- Hybrid schedule - 3 days a week
- 401k match (5%), fully paid medical, wellness perks
- Competitive compensation with 20% discretionary bonus Vaco
values a diverse workplace and strongly encourages women, people of
color, LGBTQ+ individuals, people with disabilities, members of
ethnic minorities, foreign-born residents, and veterans to
apply.EEO Notice Vaco is an Equal Opportunity Employer and does not
discriminate against any employee or applicant for employment
because of race (including but not limited to traits historically
associated with race such as hair texture and hair style), color,
sex (includes pregnancy or related conditions), religion or creed,
national origin, citizenship, age, disability, status as a veteran,
union membership, ethnicity, gender, gender identity, gender
expression, sexual orientation, marital status, political
affiliation, or any other protected characteristics as required by
federal, state or local law.Vaco LLC and its parents, affiliates,
and subsidiaries are committed to the full inclusion of all
qualified individuals. As part of this commitment, Vaco LLC and its
parents, affiliates, and subsidiaries will ensure that persons with
disabilities are provided reasonable accommodations. If reasonable
accommodation is needed to participate in the job application or
interview process, to perform essential job functions, and/or to
receive other benefits and privileges of employment, please contact
.Vaco also wants all applicants to know their rights that workplace
discrimination is illegal. By submitting to this position, you
agree that you will be giving Vaco the exclusive right to present
your as a candidate for the foregoing employment opportunity. You
further agree that you have represented information about yourself
accurately and have not affirmatively misrepresented your
qualifications. You also agree to maintain as confidential, to the
fullest extent permitted by law, any information you learn from
Vaco about the position and you will limit disclosure of
information about the position only to the extent necessary to
perform any obligations in furtherance of your application. In
exchange, Vaco agrees to exercise reasonable efforts to represent
you through all solicitation, job screening and resume
dispersal.Privacy NoticeVaco LLC and its parents, affiliates, and
subsidiaries ("we," "our," or "Vaco") respects your privacy and are
committed to providing transparent notice of our policies.
- California residents may access Vaco's HR Notice at Collection
for California Applicants and Employees here.
- Virginia residents may access our state specific policies
here.
- Residents of all other states may access our policies
here.
- Canadian residents may access our policies in English here and
in French here.
- Residents of countries governed by GDPR may access our policies
here.Pay Transparency Notice Determining compensation for this role
(and others) at Vaco depends upon a wide array of factors including
but not limited to:
- the individual's skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.With that said, as
required by local law, Vaco believes that the following salary
range referenced above reasonably estimates the base compensation
for an individual hired into this position in geographies that
require salary range disclosure. The individual may also be
eligible for discretionary bonuses.
Keywords: Vaco, Hawthorne , Fund Accounting Manager ( or Sr. Manager ), Executive , Los Angeles, California
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