Job Description
FIRM OVERVIEW
This Firm is one of the world’s leading private multi-asset alternative investment firms with over one hundred billion of assets under management that creates lasting impact for our investors, teams, businesses, and the communities in which we live. Since founding, they’ve applied their insight and experience to organically expand into several asset classes including private equity, credit, public equity, venture capital and real estate. They leverage their shared platform to capture cross-asset class opportunities in strategic areas of focus. With offices on four continents, their global team aligns their interests with those of their investors for lasting impact.
COINVEST FINANCE GROUP
Significant alignment with LPs has been one of the cornerstones of this firm’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 Firm investment across all business units. The Firm’s Coinvest Finance Group is a team of 20 individuals responsible for the operational, accounting, tax, and reporting aspects of the coinvest portfolio. With significant investments across the entire Firm platform, the portfolio provides the team with the unique opportunity to gain exposure to all ofthe 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
Effective November 1, 2021, all new U.S. hires must be fully vaccinated against COVID-19 (e.g. 14 days past their final dose of the COVID-19 vaccine and if eligible, have received their COVID-19 booster) or have received a religious or medical exemption from the Firm’s Human Resources team.