Fund Accountant

Dimension Capital Management LLC
18 Sep 2019
26 Sep 2019
Job role
Contract type
Full time
Please DO NOT Contact Dimension Capital Management LLC directly. Interested candidates should email their resume to . JOB SUMMARY: This position will report to and work closely with Fund Accounting Supervisor and the operations team in handling the accounting for assigned investments vehicles (Hedge Fund of Funds and Private Equity Funds) and client accounts. Responsibilities include, but are not limited to calculation of net asset values, preparing capital call notifications, capital distribution notifications, excess cash analysis, calculating management fees, carried interest, waterfalls, internal rates of return (IRR), multiples on invested cash (MOIC), preparation of audited financial statements, coordinating yearly audits, coordinating tax documents, reviewing performance data, reconciling cash activity, ad–hoc reporting and handling client requests. Working on projects with Management.
Qualified applicants will have a BA/BS degree in Accounting/Finance, and relevant investment accounting experience and knowledge of GAAP and financial reporting concepts. Individuals need to be self–motivated, able to work in a team environment, take pressure well, and have good communication and interpersonal skills and the ability to show good judgment in making decisions. Individual is expected to and may use discretion in carrying out their assigned tasks in an effort to increase operational efficiency. Strong computer skills; Excel/Word required.
RESPONSIBILITIES: Alternative Investment Accounting for Funds (Hedge Funds & Private Equity Funds) and client accounts using Total Return Investment Accounting Software & SAGE to perform the following:
• Prepare NAV, P&L data and Capital Account Statements for funds• Maintain and review the books and records of the Funds and assigned clients• Analyze any margin requirements and respond to margin calls for entities under their responsibility• Reconcile positions and cash positions to the Funds'/Clients' brokers and/or counterparties• Calculate and verify management fees, carried interest and waterfalls• Prepare monthly valuations for the Funds' portfolios and review investor capital allocations • Coordinate with cash management specialists in tracking wire transfers related to trade settlements, margin calls, capital calls, capital distributions, capital subscriptions, capital redemptions, expenses of Funds and clients• Manage and assure timely completion of scheduled or special requests from clients• Prepare audited financial statements and audit schedules for assigned Funds• Participate in monitoring all investments and analyze the related performance• Coordinate tax information for the preparation of income tax returns by outside advisors, K–1's• Oversee fund cash flow requirements, including coordination of capital calls/subscriptions and capital distributions/redemptions• Facilitate the investment funding process by coordinating with investment and treasury professionals• Perform ad hoc investor and management requests• Play a key role within the team, helping with day to day responsibilities as well as being involved in ad–hoc projects
Please DO NOT Contact Dimension Capital Management LLC directly. Interested candidates should email their resume to .