Job Description

AVP, Closed-end Fund Accounting

Our client is a large reputable Financial Services firm with over $100B AUM located in Downtown Los Angeles (DTLA). They foster a healthy work-life balance with great internal progression and excellent benefits. They are seeking an experienced and dynamic Assistant Vice President to join their team.

Summary:

The Assistant Vice President will be responsible for coordination with the LA treasury, accounts payable teams, and the external fund administrator to manage ongoing cash and accounts payable needs.

Responsibilities:

• Accounting for and reconciliation of cash, investments, and other balance sheet accounts for all infrastructure funds;
• Determining and reviewing distributions and draw-downs;
• Reviewing monthly, quarterly, and annual financial reports to clients;
• Analyzing and calculating performance metrics for partnerships/accounts as well as for each investment;
• Coordinating with funds’ independent auditors to complete annual audit work (approximately 10 entities) in an expeditious manner, answering inquiries and providing documentation as necessary;
• Responding to investor inquiries by providing detailed and informative answers for client relations in a timely manner;
• Performance analysis and reporting to Fund investors and for fund marketing purposes;
• Implementation and compliance with appropriate policies, procedures, and controls;
• Performing other tasks as required.

Qualifications:

• Bachelor’s Degree required;
• Minimum 10-12 years of accounting experience within the financial services industry, preferably in the investment management industry;
• Strong knowledge of reconciliation and account analysis;
• Excellent understanding of accounting and the ability to apply relevant investment company accounting rules;
• Solid analytical skills and ability to understand and resolve complex problems;
• Proficiency in Microsoft Excel and Word.

Compensation:
$235,000 per year

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