Accounting Manager, Fund Services

Date: 2024-11-08 03:09:31

Accounting Manager, Fund Services

Job Description

TMF Group

We never ask for payment as part of our selection process, and we always contact candidates via our corporate accounts and platforms. If you are approached for payment, this is likely to be fraudulent. Please check to see whether the role you are interested in is posted here, on our website.

About TMF Group

TMF Group is a leading provider of critical administrative services, helping clients invest and operate safely around the world. We provide legal, financial and employee administration through TMF Group’s teams in 120 offices.

About The Role

Responsible for analyzing financial information and preparing financial reports for Alternative Investment Vehicles (primarily Venture Capital, Private Equity, Fund of Funds, Real Estate) and managing staff as appropriate.

Key Responsibilities

Review of quarterly and annual financial statements, including system generated reports and manual schedules in excel. Review annual audited footnotes
Manage tax and audit process
Provide necessary information to auditors and tax accountants for completion of audits and tax returns
Review of quarterly management fee calculations
Primary client contact, including responding to client questions and requests
Manage client relationships, including leading regularly scheduled meetings with clients
Manage, train, and develop staff and senior accountants. Includes onboarding, enforcing company policies, and completing performance reviews.
Review capital call calculations and capital call letters
Support for team members as needed
Preparation and review of distribution calculations and distribution letters
Review carried interest waterfalls and equity allocations for each of the limited partners
Review and understand Line of Credit Agreements. Review required drawdown, paydown, and compliance reporting
Read and understand Limited Partnership Agreements to determine how the provisions of the LPAs impact the financial statements, capital calls, distributions, and management fees
1099 review
Ownership of client product delivery, including managing both internal and external timelines
Interfacing with valuation, treasury, investor relations, and management company teams

Competencies And Skills

Excellent at creative problem-solving, analytical, and quantitative skills along with sharp attention to detail, as well as strong time and work management skills.
Resourceful and motivated to find outside-the-box solutions to everyday client issues.
Excellent verbal and written communication skills.
Ability to continuously prioritize multiple projects in a fast-paced environment with a high degree of flexibility and high level of focus on quality, accuracy, and confidentiality.
The commitment to independently complete tasks to reach the clients’ goals, which at times may require hours above the standard work week.
Excellent knowledge of Microsoft Suite (with expert proficiency in Outlook and Excel), Adobe Acrobat.
Investran accounting software experience preferred.

Experience And Qualifications

Bachelor’s degree, preferably in Accounting/Finance or related business discipline; CPA or EA preferred
A minimum of 3-5 years’ senior accountant and/or manager experience in public accounting and/or fund administration

Applications close: 29 Feb 2024 Eastern Standard Time

For further information, and to apply, please visit our website via the “Apply” button below.