Our client is an institutional investment consultant and asset manager providing advisory services to pension funds, endowments, and foundations with over $100 billion of assets. They are seeking a Senior Associate, Fund Accounting. The position is primarily responsible for fund accounting and pricing for our client’s Enhanced Lending Fund.

Responsibilities:

• Maintain and update daily valuation schedules for investments in private investment funds, preferred and common equity, and warrants, ensuring that capital activity, accruals and valuation updates are reflected properly.

• Track and reconcile drawdowns, repayments, interest/fee accruals and interest rates on the Funds’ leverage facilities.

• Maintain and reconcile prepaid expense schedules.

• Establish annual expense budgets and expense accruals and perform quarterly budget to actual variance reviews.
• Review and reconcile monthly financial statements for their Enhanced Lending

  Fund an offshore feeder fund that invests directly into our client’s Enhanced Lending Fund.

• Assist in the preparation of annual and semi-annual financial statements and quarterly schedules of investments.
• Assist in the preparation for annual audits.

Qualifications:

• Bachelor’s degree in accounting or equivalent.
• 5+ years of accounting experience with audit experience a plus.
• Private equity investor accounting experience is also a plus.
• Candidates should have a strong knowledge of Excel and other Microsoft programs.
• Candidates must be detail-oriented, be able to meet tight deadlines and have excellent communication skills.

Location:

• The position is located in our client’s Los Angeles office (Marina Del Rey). The position is hybrid requiring 2-3 days/week in the office.

Compensation:

• Salary range $140,000 - $150,000 and is eligible for bonus