Finance/Accounting Associate - Private Equity (NYC, Hybrid)

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Finance/Accounting Associate - Private Equity (NYC, Hybrid)

New York, NY
Full Time
Paid
  • Responsibilities

     

    Company Overview: Our client is a leading alternative investment firm with a strong presence in private equity. With decades of experience and a focus on value-driven investments, the firm is known for its dynamic culture, commitment to excellence, and collaborative environment. They provide employees with exceptional opportunities for growth, mentorship, and exposure to a wide range of investment strategies.

     

    Title: Finance/Accounting Associate – Private Equity (NYC, Hybrid)

     

    Location: New York, NY (Hybrid – 3-4 days in the office)

     

    Key Responsibilities:

     

    • Supervise and collaborate with third-party administrators to review complex private equity fund structures, including multiple alternative investment vehicles, special purpose vehicles, blocker entities, continuation funds, and co-investments.
    • Prepare and review quarterly trial balances, financial statements, and supporting work-paper packages for private equity control funds, including special purpose vehicles and blocker entities.
    • Oversee capital allocations, capital contributions, and distributions, including carried interest calculations.
    • Coordinate year-end audits, working closely with external auditors and providing necessary supporting documentation.
    • Assist in the preparation of investor performance reports, including IRR calculations, and support investor relations teams in responding to investor inquiries.
    • Work with deal teams to compile portfolio valuations quarterly, ensuring compliance with audit recommendations and standard industry practices.
    • Regularly communicate and coordinate with various internal teams, including operations, treasury, and asset management, to support financial processes.
    • Participate in process improvement and technology initiatives within the finance team.
    • Handle ad hoc projects and cross-departmental initiatives as needed.

     

    Qualifications:

     

    • Bachelor’s Degree in Accounting, Finance, or a related field.
    • 2-6+ years of relevant experience in public accounting and private equity fund administration or direct private equity accounting.
    • Strong understanding of journal entries, financial statements, and financial reporting processes within private equity.
    • Proficiency in Microsoft Excel; experience with Investran, Hazeltree, or Sage is a plus.
    • Exceptional organizational, communication, and analytical skills.
    • Proactive mindset with the ability to thrive in a fast-paced, team-oriented environment.
    • Strong attention to detail and ability to handle confidential information with discretion.
    • CPA preferred but not required.

     

    Compensation:

     

    • Base Salary: $110,000 - $175,000
    • Annual Bonus: Up to $30,000
    • Comprehensive benefits package, including:
    • 100% company-paid healthcare (no out-of-pocket costs)
    • Paid-for lunch and dinner
  • Compensation
    $110,000-$175,000 per year