Job Description
FIRM OVERVIEW
This firm is one of the world’s leading private multi-asset alternative investment firms with an impressive number of assets under management that creates lasting impact for their 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, real estate and venture capital. 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.
GENERAL PARTNER FINANCE GROUP
The General Partner Group is responsible for the operational, accounting, tax, and reporting aspects of each of the general partner entities. These entities invest across all of the firm’s business units giving the team the unique opportunity to gain exposure throughout the company. Members of the team also regularly collaborate with several internal departments, including fund accounting, tax, legal, compliance, HR, corporate, and IT, as well as third-party service providers such as the firm’s tax advisors.
KEY RESPONSIBILITIES
The finance manager will contribute to the team in a leadership role across a number of areas of responsibility including managing the accounting and operations of various general partner entities invested in the private equity, venture, crypto, double impact, life sciences, tech opportunities, insurance solutions & real estate, taking the lead on certain non-accounting functional areas and processes, and participating in team planning and development.
Other significant responsibilities include, but are not limited to, oversight and review of the following:
Operations and administrative activity of the partnerships, including cash management, capital calls, cash & property distributions, cash reconciliations, bank account openings and related regulatory requirements
Carry, vesting, and profit/loss allocations to the partners and members of the General Partner entities
Quarterly and annual fair market value reporting, including supporting documentation for capital accounts, trial balances and other financial reconciliations
Quarterly tax estimates and annual tax books and reporting for the partnerships including consultation with internal and external tax advisors
Cash, book and tax activity entries into Investran, the third party portfolio management and accounting software
In addition, this position will also:
Interact with investors and certain internal departments within the context of the carry program, including onboarding investors, addressing policy matters, overseeing investor reporting, and responding to ad-hoc inquires
Collaborate with other managers on the team to drive initiatives, create efficiencies, and mentor junior team members
Work with all levels from associates to Managing Directors on projects to enhance the performance of the team, department, and firm as a whole
GENERAL QUALIFICATIONS
7-10 years accounting experience in the financial service industry with a solid understanding of investments and partnerships
Excellent project management and organizational skills; ability to effectively prioritize multiple projects with high attention to detail
Creative problem solving ability and judgment; ability to use own initiative to take responsibility for decisions and propose solutions
Team oriented and professional, with strong interpersonal skills and the capacity to interact with all levels
Entrepreneurial self-starter; ability to operate with limited supervision and capitalizes on opportunities to learn and grow
Experience managing direct reports
Understands and enjoys the demands of a service environment
Ability to handle highly confidential and sensitive information with discretion
Advanced MS Office, particularly Excel
Experience with Investran or other fund accounting software is preferred
DESIRED BACKGROUND/EDUCATION
Bachelor’s Degree in Accounting or Finance
Public accounting, partnership and/or financial services experience
CPA and/or Master’s Degree preferred