Gen II Colorado is looking for a Fund Accountant that will be responsible for providing accounting services including preparation and processing of transactions and financial statements with supporting schedules and workpapers.
Primary Responsibilities Will Include:
Obtain a detailed understanding of the client’s partnership agreement(s) and how to apply it to deliverables
Cash processing and bank reconciliations
Record journal entries
Maintain general ledger
Prepare and set up workpapers
Prepare financial statements and footnotes
Prepare management fee, carried interest, and deferred tax calculations
Prepare partner capital account information
Investor capital call/ distribution processing
Liaise with the tax department and client’s independent auditors
Job Requirements, Skills, Education, and Experience:
Bachelor’s degree in Accounting required
Minimum GPA of 3.3
As a Gen II Colorado team member, you will receive competitive pay and a generous benefits package:
Gen II is seeking Tax Directors to join our growing team of professionals. These individuals will be actively involved in the tax compliance services noted above on multiple client engagements.
Tasks and responsibilities:
Obtain a detailed understanding of the client’s partnership agreement(s) and how to apply it to deliverables, including creating and reviewing tax carried interest computations
Review and oversight of the validation of Forms W-8BEN, W-8BEN-E, W-8EXP and W-8IMY to ensure proper administration of treaty claims for reduced U.S. withholding tax
Final sign-off and review of federal and state tax returns and associated workpapers
Frequent communication with various clients and tax authorities
Coordinate with external auditors and tax reviewers
Progressive responsibilities to include supervision, training and evaluation of tax personnel at several levels
Lead, direct and coach a team of tax professionals at various levels
Manage special projects, when requested
Upon employment, Tax Directors will receive a competitive annual salary between $160,000 – $180,000, along with a generous benefits package
Qualified candidates will possess the following experience and qualities:
Required attributes:
Bachelor’s or master’s degree in accounting (150 credit-hours minimum)
8+ years of experience in the attributes
5 + years of supervisory experience
Understanding of U.S. partnership taxation
CPA certification or equivalent with active PTIN
Proficiency with Microsoft Office applications
Ability to multi-task and meet deadlines
Strong work ethic
Excellent verbal and written communication skills
Strong organizational and analytical skills
Thrive independently and as part of a team
Desired attributes:
Advanced degree such as Masters in Taxation, JD, and/or LLM
Understanding of U.S. international taxation rules associated with ECI, Branch Profits Tax, FDAP, FATCA and FIRPTA
Understanding of U.S. corporate taxation
Private equity work experience
Tax work experience with an emphasis in partnership and/ or international tax matters
NYC-based Fund Administration firm is looking for a Business Development Director to focus on new business opportunities primarily from the private equity and private real estate sector. The position will report to the principal – Business Development and will have specific revenue objectives. This role will be located in Boston with the opportunity to pursue relationships if they are outside the MA area.
Primary Responsibilities:
Generate new business for the firm through the creation of new opportunities with existing newly forming Private Equity and Private Real Estate firms
Identify opportunities to sell administration services to Private Equity firms seeking to improve their operational processes and workflows
Develop and maintain a network of relationships with industry centers of influence, including audit, tax and legal advisory firms, consultants, limited partners, investment bankers, and other advisors
Attend industry networking events and conferences
Keep track of new industry, legal and fiscal developments, anticipate changes in the target market’s needs, and translate this into opportunities for the firm.
Job Requirements, Skills, Education, and Experience:
Bachelor’s degree required
Demonstrated learning agility and self-motivation
Detail-oriented
Experience with Salesforce as a sales tool
Ability to work both individually and within a group structure
Able to assist in the creation and execution of targeted outreach efforts
Base knowledge of the private real estate and private equity industry
Prior sales experience is an important asset
Salary will be a combination of base plus commission and is commensurate on experience and success.
Gen II Fund Services seek attention to detail, agile, and energetic Accountant to join the current Finance Team to provide financial, administrative, and clerical assistance. The individual will assist with corporate reporting, analysis, and the monthly accounting cycle.
Primary Responsibilities will include:
Assist in corporate reporting, analysis, and monthly accounting cycle
Assist in the preparation of monthly journal entries
Responsible for Cash Disbursement, Cash Receipts processes, and Daily Cash Report
Prepare monthly account reconciliations and analysis on key accounts, including credit card reconciliations and various bank reconciliations
Assist with the analysis and the reporting of all General Ledger entries and schedules
Assist with Balance Sheet reconciliations and account analysis
Processing day-to-day accounts receivable
Research receipts and exceptions
Assist with the collections process
Reconcile the accounts receivable ledger to ensure all payments are accounted for and properly posted
Reconcile revenue in multiple financial software
Assisting with preparation and coordination of the audit process
Assist in the quarterly billing process
Ad hoc financial projects
Job Requirements, Skills, Education, and Experience:
Ability to prioritize and multi-task in a fast-paced environment to meet deadlines
Ability to be an effective team member and display initiative
Have good judgment and thinking skills
Ability to ensure accuracy in job delivery under pressure
Ability to properly organize and prioritize tasks
Have data entry skills, general math skills, financial software awareness, attention to detail, thoroughness, verbal, and written communication
Excellent verbal and written communication and analytical skills
Knowledge of advanced MS Excel functions a plus (formulas, VLOOKUP, Pivot Tables)
Gen II is seeking a Senior Accountant to join its Management Company services department. This role requires a detailed and organized individual with the ability to manage several accounting projects simultaneously in a timely manner.
Primary responsibilities will include:
Manage client communications and requests
Completion of monthly general ledger close, preparation, and maintenance of workpapers
Preparation of financial statements and footnote disclosures
Liaise with client’s third-party auditors and tax accountants
Cash processing and bank reconciliations
Assist with new client set-ups and transitions
Review work prepared by Accountants and Accounts Payable Clerks
Assist with the annual Form 1099 process
Complete “ad-hoc” and special projects as needed
Job Requirements, Skills, Education and Experience:
Bachelor’s degree in Accounting or related field
1-4 years of experience, preferably in public accounting and/or in the financial services sector
Strong written and oral communication skills
Proficiency with Microsoft Office Suite and the ability to design spreadsheets
Heightened attention to detail, highly organized and efficient
Self-motivated individual with excellent interpersonal skills
Gen II Fund Services LLC is seeking a Manager to join its Management Company services department. This role requires a detailed and organized individual to work closely with a team of professionals to provide guidance and deliver accurate and timely monthly/quarterly client deliverables.
Primary responsibilities will include:
Work closely with the Director/Managing Director to manage daily client deliverables
Manage the operations and accounting of an existing private equity management company client independently
Responsible for review of monthly, quarterly, and annual client deliverables and adherence to the firm’s Quality Control procedures
Perform detailed review of Financial Statements and supporting work papers to ensure preparation in accordance with GAAP
Lead client conference calls to address clients’ ongoing service needs
Ability to interface and manage a client/ business with limited guidance
Able to supervise staff if required by client and team
Oversee and provide guidance with onboarding new clients to provide insights on best practices and operational procedures
Qualifications
Bachelor’s degree required
5+ years of relevant Corporate Accounting experience preferred.
Sound knowledge of Generally Accepted Accounting Principles and other Comprehensive Basis of Accounting
Ability to learn on the job quickly, apply learning to clients and recommend solutions to issues
Highly organized and detail-oriented
Strong attention to detail and accuracy
Excellent verbal, written, and interpersonal communication skills.
Ability to think independently, prioritize, multi-task, and meet deadlines
Extensive Microsoft suite skills – Excel (pivots), Word, PowerPoint, and Outlook
Willingness to partner with others across the firm and comfortable interacting with team members of all levels
Self-motivated individual with a passion for working with people and staff development
Able to work well in a dynamic environment and recommend process improvement
Private Equity fund administrator’s Boston office is looking for an Anti-Money Laundering (AML) and Know Your Customer (KYC) Compliance Analyst to assist the Compliance team in all administrative tasks related to AML/KYC Services for new and existing clients/investors.
We will offer you
A challenging and rewarding role in a fast-growing organization
Excellent opportunities for professional and career development in Private Equity
Competitive Salary and Benefits
Administrative Functions
Collect and retain all client/investor documents from various sources for AML/KYC, FATCA, and CRS.
Maintenance and centralization of AML/KYC, FATCA, and CRS documents and data. Collection and reconciliation of data for implementation of CRM system.
Maintain control and tracking logs for completed and open compliance items.
Track statuses of key legal, compliance, and tax documents/information as needed.
Liaise with various internal departments (client servicing teams, operations, IT, etc.) and external parties (clients, law firms, third-party service providers, etc.).
Responsibilities will include
Review client/investor documents to identify and compile key information required to perform Compliance Services including AML/KYC, FATCA, and CRS. Documents to include, but not limited to, subscription documents, tax forms, self-certification forms and other supporting AML/KYC documents.
Maintain and update client/investor database with key compliance information based on new compliance reviews and existing contracted clients. Ensure all documentation (e.g., tax forms) is current, not expired and completed.
Escalate with the Director of Compliance of any compliance issues, open items, missing or expired documentation that need to be escalated to CS team, client and/or third-party resources.
Using Thomson Reuters application, World-Check, and TINCheck, scan all names related to investors as extracted from subscription and AML/KYC documents and to document the results.
Ensure all documents/reports are maintained in proper locations to include AML/KYC, FATCA, and CRS results, client report letters, client invoices, client/firm servicing contracts/pricing and third-party resource statements.
Ensure compliance checklists are completed for each review and signed. Ensure all steps are followed for control purposes.
Job Requirements, Skills, Education, and Experience
Bachelor’s Degree in Business Administration, Finance, or Accounting a plus.
1-3 years of work experience in Financial Services, a plus
Impeccable attention to detail. Will train to review AML documentation and formation documents; Trust Agreements, LP /LLC Agreements, Certificate of Formations, Article of Associations, tax documents, identifying documents, etc.
Familiarity with investor scanning applications
Strong ability to gather, track and centralize information/documents.
Excellent data entry and reconciliations of systems and ongoing maintenance.
Microsoft applications proficient. Strong EXCEL skills (formulas, pivot tables, VLOOKUPs).
Excellent verbal, written, and interpersonal communication skills. Must be extremely detail-oriented and highly organized.
Efficient time management skills and the ability to maintain control over information and documents to meet client, firm, and reporting deadlines.
Gen II is currently seeking an Investor Services Director (“Director”) to join our growing team of professionals. This individual will be actively involved in the services noted below on multiple client engagements.
Tasks and responsibilities:
Implement guidelines & best practices surrounding contact & coordination of all client deliverables
Collaborate internally/externally to produce tactical & strategic roadmap to enhance client & investor experience.
Establish and maintain open channels of communication with all client services teams & Principals to support best-in-class service
Partner with Gen II technology to Identify and deploy a centralized workflow system
Host monthly information sessions with internal stakeholders to promote best practices and facilitate the execution of op-model changes
Host client calls on a regular cadence while effectively addressing client concerns and escalated issues
Identify solutions & implement op-model changes to reduce cycle time on client requests & reporting, while continuing to operate with a low-risk appetite.
Implement & maintain a staff heat map to facilitate cross-training and reduce key person risk
Ensure Investor Relations team is managed effectively and adheres to all client service level agreements
Perform additional duties as needed to ensure all client deliverables are met.
Supervision, training, and evaluation of associates, supervisors, and managers
Operate in a deadline-driven, high-volume, and constantly changing environment
Other assigned projects
Ensure overtime is based on business needs
Upon employment, a Director will receive a competitive annual salary between $120,000 – $160,000, commensurate with experience, along with a generous benefits package.
Qualified candidates will possess the following experience and qualities:
Required attributes:
Bachelor’s degree
10+ years of related experience, including management experience
Proficiency with Microsoft Office applications
Strong work ethic
Ability to multi-task and meet deadlines
Meticulous attention to detail
Strong organizational and analytical skills
Excellent verbal and written communication skills
High degree of professional poise
Customer service approach that is accommodating and action-driven
Strong relationship-building skills
Ability to thrive as part of a team, while also being able to work independently
The Investor Services analyst is an important and integral part of the Gen II operations team. It requires thorough attention to detail and precise work in a fast-paced, deadline-driven environment. The candidate will primarily be responsible for providing Investor Services functions to the Gen II client teams.
Primary Responsibilities Will Include
Respond to client inquiries in a prompt manner, utilizing oral and written communications
Review and process investor documentation (subscription documents, partner transfers, name changes, contact, and wire instruction updates)
Day-to-day maintenance of investor records across multiple internal and external systems
Disseminate investor correspondence (capital call, distribution, partner capital statement, and other sponsor communications) across various investor portal platforms
Track incoming capital call wires and prepare capital distributions payments across various client accounts
Monitor cash transactions daily for various client accounts
Participate in special projects
Liaise with the client service team to ensure an efficient and excellent client service experience for Gen II’s sponsors
Work with departments throughout the office to prepare audit confirmations and monthly recurring deliverables
Facilitate financial reporting to partners/investors
Qualifications and Skills
Bachelor’s degree in Business Administration (concentrations in accounting, finance or Economics a plus)
0-2 years’ experience in the financial services Industry
Private Equity or Hedge Fund Investor Services background a plus
Demonstrate strong customer service/client relationship skills • Ability to manage multiple tasks and projects with differing deadlines
Impeccable attention to details
Excellent verbal and written communications
Experience with Investor Portals (Intralinks/Investment Café/SunGard DX) a plus
New York City-based Private Equity Fund Administration Firm is looking for a Director to manage Private Equity funds.
Primary Responsibilities Will Include:
Direct the day-to-day accounting and fund administration for multiple investment sponsors
Extensive hands-on involvement in preparing and reviewing workpapers, investments, accruals, financial statements with footnotes, and investor allocations
Heavy client interaction on a daily basis
Frequent communication with clients at an executive level
Maintain a working relationship with all client contacts, auditors, lawyers, and banking personnel
Lead, direct, and coach team of Accountants at several levels
Oversee and provide guidance on the initial set up of the Clients Funds deliverables (capital calls, distributions, financial statements, waterfalls, IRRs) and perform thorough, in-depth review and sign off prior to Managing Director review
Manage special projects, when required
Job Requirements, Skills, Education, and Experience:
7+ years of fund accounting experience in either a Private Equity Fund, Private Equity Fund Administrator, or other financial institution where the candidate has gained financial products knowledge
5+ years of supervisory experience
Bachelor’s degree in Accounting, Finance, or Economics
