Fund Accountant, Associate I, Private Equity & Venture Capital
This position will report to the Manager of Private Equity. The Associate will reconcile all the bank activity, record cash transactions, prepare monthly reports and quarterly reporting, prepare capital call and distribution calculations. You will work closely with the team to ensure client deliverables are met.
Essential Functions
- 10-20 client engagements
- Ensure all client deliverables are prepared accurately and timely
- Reconcile all portfolio and cash activity to source data
- Ensure fund expenses are accrued timely and in accordance with GAAP
- Prepare/review investor allocations and ensure fee/allocations are booked accurately
- Prepare quarterly net asset value reporting for your client engagements
- Prepare capital call and distribution calculations for your client engagements
- Draft annual financial statements and coordinate year end audit with client and independent auditors
- Work with the treasury team to initiate wire transfers for clients
- Correspond with clients daily and ensuring requests are answered in a timely manner
- Keep an accurate time log and maintain efficient work standards to ensure profitability of engagements
- Identify and track inefficiencies caused by client issues, or other matters and communicate challenges faced
- Demonstrate integrity and professionalism in all interactions with clients and other members of the firm
ABOUT THE FIRM:
MG Stover & Co. is fast growing financial services firm headquartered in Denver with additional offices in NYC, Halifax and San Francisco. We provide portfolio, financial and investor accounting & reporting services to investment entities including hedge funds, fund of funds, private equity & venture capital funds, as well as family offices and broker dealers. As a company focused exclusively on serving the needs of the global alternative investment community, we provide the technical expertise and high-touch service that investment managers should expect from their service providers.
Compensation Package
- Unlimited Paid Time Off (PTO) annually
- 10 paid holidays
- Medical, Dental, and Vision including 100% employer-paid plans
- Matching 401(k) 100% match on 4% of salary and immediate vesting
- Employer-provided Life Insurance and Accidental Death and Dismemberment {AD&D} insurance
- CPA Bonus & CPE expense coverage
- Flexible Spending accounts for: medical, dependent care, parking and commuter costs
Qualifications
- Bachelors or Masterâs degree in accounting and be detail oriented, organized and able to manage various engagements and deadlines.
- CPA or CPA candidate
- Experience with investment fund auditing or accounting
- Position may be for Sr. Associate if requirements are met