Company Overview:
This company is a world-renowned alternative investment company located in the Greater Boston Area. They have experienced extensive growth over the past years and are looking to add to their staff.
Their employees are considered to be their number one priority and they support flexible hours in the working environment. Their office offers the benefits of free breakfast, an employee restaurant onsite, an employee gym and much more. They present a global influence through their state of the art technology and diverse workforce. As they expand, they are looking to recruit employees who desire to grow and develop within the fast paced entrepreneurial environment.
COINVEST FINANCE GROUP
Significant alignment with LPs has been one of the cornerstones of their company’s strategy since the firm was founded. This alignment is achieved through the firm’s extensive coinvest program, through which employees, collectively, have been, and continue to be among the largest investors in nearly every company investment across all business units. The company’s Coinvest Finance Group is a team of select individuals responsible for the operational, accounting, tax, and reporting aspects of the coinvest portfolio. With significant investments across the entire company platform, the portfolio provides the team with the unique opportunity to gain exposure to all of the firm’s business units. Members of the team regularly collaborate with members of nearly every internal department in the company, including investment professionals from all business units, all internal finance departments, tax, legal, HR, compliance, and IT, as well as the firm’s outside advisors, including attorneys, banks, custodians, and accounting and tax professionals.
KEY RESPONSIBILITIES FOR THIS POSITION
Responsible for a number of the co-invest partnerships and working with and supervising staff on the following:
Quarterly and year end accounting and reporting
Preparation and review of annual tax basis books, including tracking and review of K-1 activity and consultation with external and internal tax departments and external administrators.
Monitor and review entry of daily activity for large portfolios of funds through review of capital call and distribution notices
Fund administrative activity including cash management, capital calls, cash and stock distributions, monthly cash reconciliations, tax withholding analysis
Work with all levels from Associates to Managing Directors on projects to enhance the product of the team, department and firm
GENERAL QUALIFICATIONS
3+ years accounting experience with investment companies with tax exposure, and/or public accounting with either audit or tax experience
Solid understanding of investment partnerships
Excellent project management and organizational skills; ability to effectively prioritize multiple projects with high attention to detail
Creative problem solving ability and sound judgment – ability to use own initiative and take responsibility for decisions
Strong interpersonal skills with capacity to interact with all levels
Understands and enjoys the demands of a service environment
Capable of handling highly confidential and sensitive information
Advanced MS Office, particularly Excel
DESIRED BACKGROUND/EDUCATION
Bachelor’s Degree in Accounting or Finance
CPA and/or Master’s Degree preferred