Accounting Associate

Arrow Search Partners • Los Angeles, CA, US • 20h ago

About the Company:

Our client is an LA-based family office with investments in the public equities and private equities market.

Responsibilities:

Ensure timely and accurate tracking, processing, communication, and accounting for commitments, capital calls, distributions/realizations, rates of return, expense and income allocations, and ownership percentages
Review and interpret outside financial information, including fund/subscription documents to ensure financial terms are aligned with investment team expectations and are accounted for in accordance with GAAP
Prepare and analyze GAAP-compliant fund and investment company financial statements across a myriad of entities, including applicable note disclosures and supporting schedules
Facilitate the distribution of and communication around K-1s and other tax documents with key internal stakeholders and investors
Assist in the daily execution of a robust system of internal controls
Operationalize solutions to enhance, optimize and/or automate recurring accounting activities, including the implementation of any related software
Coordinate the submission of timely and accurate regulatory reporting
Flexibility to take on special or ad-hoc finance and accounting projects as they arise

Requirements:

Bachelor’s or master’s degree in accounting
1-2 years of public accounting experience
Working knowledge of fund accounting software packages
Experience with multiple asset classes and knowledge of closed-end fund structures
Working knowledge of fund accounting software packages and service provider landscape
Fully paid benefits package

Salary Range:

$80,000-$90,0000

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