VP – Fund Accounting Manager – Private Equity
Apply for this Job →Location: sydney
Salary description: Market rate
- $150-200k AUD Equivalent
- Permanent
- 7 to 10 years of experience
Our client is a leading fund services firm seeking a fund accounting manager with Private Equity funds experience to lead a team of 4/5 staff.
Your role will encompass all facets of the day to day management of your team along with the responsibility of calculation of net asset values on a variety of private equity funds.
Responsibilities:
- Structure and lead a team in servicing client relationships.
- Manage overall relationships for multiple clients and join senior management on client visits.
- Participate in marketing and sales pitches to explain service offering for Private Equity products
- Manage and monitor the timing and quality of client deliverables through Service Level Agreements.
- Preparation of client service plans including annual budget and year end audit.
- Prepare and review trial balances and ensure the general ledger and sub-ledger is maintained and controlled.
- Coordinate and review fund events (Capital Calls, Distributions, Partner Transfers and Fund closings).
- Provide technical accounting/industry knowledge to clients.
- Implementation of fund structures on accounting system.
- Prepare and review: fee calculations (including management fees, admin fees, waterfall clawback, and carried interest calculations); financial statements, footnotes and partner capital statements, limited partner and general partner allocations.
Experience:
- 8+ years’ fund accounting experience with at least 2 years’ private equity fund accounting
- Prior Team management experience
- Prior Client Service/ Account Management experience
- Any projects or process improvement experience highly desirable.