Private Equity Associate

COMPANY PROFILE:

• Our client has been experiencing high growth and expansion in their New York location

• Global team of 6,000 associates with a leadership team and Managing Directors who are focused on development of their team

• Established name brand in the fund industry offering stability and growth opportunities.

WHAT THIS COMPANY OFFERS YOU:

• The opportunity to be part of a company in an exciting time of growth and expansion

• Dress is casual and there is genuine respect for employees at every level

• Great benefits; medical, dental, vision, life, short-term, long-term disability, flexible spending, tuition reimbursement, 401k

• Opportunity to report to the Global Director

• Tuition reimbursement, and opportunity to further your education!

THE ROLE YOU WILL PLAY:

• Active participation in client projects (i.e. new fund/classes launches, closures and changes to existing requirements and processes)

• Assisting with new business meetings and proposals

• Assisting with quarterly client invoice process * Reviewing investor request responses

• Reviewing supporting schedules for annual tax returns, including K-1’s

• Having a comprehensive understanding of the client’s partnership agreement(s) and all deliverables

• Reviewing partnership abstracts, partnership investment data, investor data and bank reconciliations

• Reviewing issuance of capital call notices, distribution notices, and management fee memorandums to the Limited Partners including models/calculations

• Reviewing investment activity and maintaining fund investment performance details and calculations

• Working with waterfall models * Reviewing quarter-end supporting packages

• Reviewing quarterly and annual financial statements, including footnotes and Limited Partner capital statements

• Training and developing Private Equity staff

Ideal Profile for Success entails:

• Bachelor’s degree in Accounting or Finance

• 3+ years of private equity accounting required with some exposure to public accounting

• Knowledge GAAP

• Strong communications skills, both written and verbal

• Ability to work independently and as part of a team

• Ability to interact with others at various levels

• Knowledge of accounting matters related to debt obligations

• Supervisory experience required – ability to train and manage subordinates

Job Type: Full-time

Salary: $65,000.00 to $100,000.00 /year

Required education:

• Bachelor’s

Required experience:

• Private Equity: 2 years
• Accounting: 3 years