Private Equity Accountant

Company: Veterans Sourcing Group HQ ( Learn More )

General Information
4 Year Degree
At least 3 year(s)
Not Specified
Job Description

A global financial services company is seeking a Private Equity Accountant on a long-term temporary basis for their office in Brooklyn, NY.


Roles and Responsibilities include but not limited to:

  • Maintain the books and records of Private Equity fund entities
  • Prepare and/or review periodic Net Asset Valuations including all supporting workbooks and documentation
  • Prepare and/or review consolidated financial statements including note disclosures and supporting schedules
  • Prepare and/or review capital call and distribution calculations, investor allocations and investor notices
  • Monitor, track and reconcile capital call proceeds and distribution payments
  • Prepare and/or review management fee calculations including fee offsets and waivers
  • Prepare and/or review carried interest calculations and maintenance of waterfall model
  • Prepare and/or review partner allocations and capital account statements
  • Handle ad hoc client and investor requests
  • Work closely with manager, team and support functions to manage client expectations and timeline for client deliverables in accordance with SLAs
  • Demonstrate knowledge of Private Equity fund structures, accounting flows and understanding of fund governing documents
  • Liaising with support functions and internal stakeholders including risk and control groups, audit, compliance, implementation, investor relations and operations
  • Adherence to control framework including internal policies and procedures


    Job Requirements
    • A Bachelor’s Degree in Accounting, Finance or related field
    • A professional accounting qualification (CA, CPA) a plus
    • 3 – 7 years experience in an accounting role, preferably at a Big 4, Private Equity fund or Private Equity fund administrator
    • Knowledge of US Generally Accepted Accounting Principles (with an emphasis on accounting for investment funds a plus)
    • Familiarity with Private Equity fund structures
    • An analytical thinker and problem solver with attention to detail
    • An ability to work under pressure to meet tight deadlines and balance multiple priorities
    • Excellent interpersonal and communication skills, both written and verbal
    • A team player with strong organizational skills and ability to see projects to completion
    • Proficiency in Microsoft Office product suite and advanced MS Excel skills
    • Experience with Investran or a similar integrated Private Equity system a plus