Fund Administration – Quality Control and Accounting – New York, NY

 NYC-based fund accounting administration firm is looking for a Senior Fund Accountant for our Quality Control and Accounting Group.

Specific Responsibilities:

Quality Control – Private Equity Funds Administration – Client Deliverables

  • Conduct initial reviews, including the performance of high-level analytics, for Client Service Teams’ (“CSTs”) deliverables (e.g. financial and investor statements; capital calls and distributions; carried interest and management fee calculations)
  • Communicate and help resolve accounting and reporting concerns identified during the review process
  • Communicate progress, issues, and status of reviews to QC managers and CSTs, and work closely with stakeholders to manage expectations and ensure review deadlines are met
  • Assist in the analysis of QC review data to identify trends, best practices, and areas for improvement
  • Assist in researching industry developments, new accounting pronouncements, and market trends for reporting to senior management and the CSTs
  • Assist in the preparation and presentation of various QC training topics (e.g. technical accounting issues; financial reporting; industry updates; QC process)

Additional Responsibilities:

  • Assist in the annual SOC1 process and help manage internal compliance with business policies and procedures
  • Identify opportunities to standardize processes, workflows, procedures, templates and tools to manage risk, and improve the quality and consistency of deliverables
  • Assist with ad-hoc projects as required


Skills & Experience:

  • Bachelor’s degree in accounting (GPA 3.5+)
  • 2-5 years of experience in accounting/auditing alternative investment companies under US GAAP; CPA beneficial
  • Sound knowledge of investment company accounting under ASC946 (including financial and investor reporting for investment funds / fund-of-funds / investment companies). IFRS knowledge a plus
  • Private equity fund experience preferable, including investment funds and related structures (e.g. blockers, splitters, parallel vehicles, SPVs, AIVs, co-investment vehicles, private equity fund-of-funds, management companies) and private equity investor economics (e.g. carried interest waterfalls and allocations)
  • Ability to review and analyze financial statements, footnotes, investor reporting, investor allocations, limited partnership agreements and other relevant financial and legal documents/activity
  • Excellent verbal, written and interpersonal communication skills
  • Strong attention to detail
  • Ability to think independently, prioritize, multi-task and meet deadlines
  • Proficient with Microsoft suite

Why QC?

  • QC’s oversight role offers unique exposure to a broad variety of fund structures, economics, and reporting requirements
  • High profile role in managing risk and promoting best practices. Direct reporting to senior management and exposure across the firm
  • Develop technical excellence and independent thinking
  • Involvement in ad-hoc projects
  • Rapidly growing business offers opportunities for development and advancement