About this Job
Accounting Principals has partnered with a Financial Services firm in their search to hire an Alternative Investment Associate. These are full-time contract-based positions that have the ability to transition to permanent. Currently, the position is remote, however, eventually it will return on-site in Hackensack, New Jersey.
Alternative Investments Associates and Accountants work as part of a team responsible for providing accounting, administration and investor servicing for hedge funds, private equity funds and closed-end registered products. Individuals calculate net asset value(s) and disseminate financial and performance information to the investment advisor and their investors. Acting as primary fund accountant for a multi-strategy fund mainly focused in Europe, ensures all fund accounting functions are in completed in accordance with Generally Accepted Accounting Principles (GAAP). Records trade information, income/expense activity and applies valuation of securities in the portfolio accounting system. Enters and reconciles all investor contributions and withdrawals in the partnership accounting system. Allocates fund level profits to individual investors for preparation and distribution of investor statements. Reviews and coordinates fund expense analysis and expense processing. Prepares fund financial statements, assists in audit and financial reporting requests.
Basic Qualifications
Associate degree in Accounting, Finance or a business-related field, or equivalent work experience
Less than two years of related experience
Preferred Skills/Experience
Bachelor's degree preferred
Thorough knowledge of Generally Accepted Accounting Principles (GAAP)
Previous financial statements preparation experience for Hedge Funds and Private Equity
Relevant experience in the areas of Finance, Audit, Regulatory Reporting
Ability to identify and resolve/escalate complex problems with minimal guidance
Ability to manage multiple tasks/projects and deadlines simultaneously
Effective interpersonal, verbal and written communication skills
Proficient computer navigation skills using a variety of software packages including Microsoft Office applications
For immediate consideration, you can email me your resume @ Christine.kiernan@accountingprincipals.com
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