The end client is unable to sponsor or transfer visas for this position; all parties authorized to work in the US without sponsorship are encouraged to apply.
An American Company is seeking a Fund Accounting Director (Private Equity) in Boston, MA.
The role holder will be required to administer a client portfolio, under the supervision of a Line Manager. They should be able to demonstrate a clear understanding of the client's portfolio, including risk awareness, relationship management and contractual and statutory obligations.
- Supervises a team and is responsible for the day-to-day investor servicing/onboarding, accounting, and reporting for private equity and real estate funds
- Reviews and approves general ledger activity for investor-level, fund-level, and investment-level transactions
- Reviews and approves investor subscription documentation and follows AML/KYC procedures > Responsible for daily cash activity, wire transfers and bank reconciliations
- Reviews and approves quarterly accounting packages, including partner allocations
- Manages and trains junior members of the team, including hiring decisions and performance appraisals
- Serves as US GAAP subject matter expert and monitors FASB guidance for incorporation into procedures
- Reviews and approves US GAAP financial statements and partner capital statements
- Ensures fund waterfall and management fee calculations are interpreted in accordance with relevant fund operating documents, e.g. LP or LLC agreements
- Reviews and approves investor capital call and distribution notices
- Manages relationship with clients’ external auditors during year-end audits
- Interacts with clients on day-to-day matters as well as on ad-hoc queries
- Participates in regular technology and information reviews, identifies potential changes and enhancements, and recommends alternatives for implementation
- Manage own billing and cash collection / debtors process, have an awareness of recoverability and work in an efficient manner so as to minimise write-offs
- Adhere to Risk & Associated Compliance procedures in relation to regulatory requirements and AML legislation
- Adhere to CPD requirements in accordance with qualification level and in-house procedures
Skills & Requirements
- Private equity or fund administration experience, ideally 10+ years, for this role
- College degree (accounting business, mathematics, finance or economics degree preferred but not essential)
- Proficiency in MS Office. Strong Excel expertise
- Strong organizational and communication skills
- Attention to detail, problem solving and analytical skills
What you'll get in return?
Competitive salary, work flexibility and benefits but more importantly the opportunity to work for a leader in the fund services industry, and a chance to work with an amazing growing team! This position offers career development opportunities, job security and a great chance to learn with the best in your field.
You will be working with a professional recruiter who has intimate knowledge of the industry and market trends. Your Hays recruiter will lead you through a thorough screening process in order to understand your skills, experience, needs, and drivers. You will also get support on resume writing, interview tips, and career planning, so when there’s a position you really want, you’re fully prepared to get it.
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Hays is an Equal Opportunity Employer including disability/veteran.
In accordance with applicable federal and state law protecting qualified individuals with known disabilities, Hays U.S. Corporation will attempt to reasonably accommodate those individuals unless doing so would create an undue hardship on the company. Any qualified applicant or consultant with a disability who requires an accommodation in order to perform the essential functions of the job should call or text 813.336.5570