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Wilshire · 1 day ago

Fund Accounting Analyst

Santa Monica, CA

Full-time

Hybrid

New Grad, Entry Level

$26/hr - $32.50/hr

0+ years exp

Wilshire is dedicated to helping investors improve their financial outcomes through customized portfolio solutions. They are seeking a Fund Accounting Analyst to join their Alternatives Operations team, where the role involves maintaining fund cash balances, preparing financial statements, and assisting with investor relations.

AdviceFinance

Responsibilities

Maintain fund cash balances and monitor daily cash activity ensuring differences/issues are identified and resolved in a timely manner

Perform daily cash analysis (i.e. prepare cash position and forecast reports)

Assist in preparation of financial statement

Review the underlying investment holdings including cost, fair market value, capital calls, distributions, unrealized gains/losses for completeness and accuracy

Perform monthly bank reconciliations

Follow through capital calls and distributions from underlying investments in a timely manner

Responsible for posting activity to the general ledger, coordinating payment of expenses and maintaining supporting documentation

Ensure that appropriate accounting treatment for all transactions is applied

Respond to and resolve investor and investment queries in relation to administrative issues

Assist Investor Relations in the maintenance of accurate contact information for all investors and investments

Assist with other fund administration, such as data entry, scanning, and filing documents

Assist in the quarterly client reporting process and mailings

Assist with year-end audit

Prepare ad hoc reports and analysis as needed

Qualification

Fund accountingExcel skillsQuantitative analysisBA/BS in accountingCPA licenseProfessionalismWriting skillsVerbal communicationAttention to detailOrganizational skillsTeam playerSelf-motivatedIntegrityOpen-mindedness

Required

BA/BS in accounting or related major

0-2 years of relevant experience in investment operations/ private equity

Excellent writing skills and strong verbal communication desired

Excellent quantitative/analytical ability and Excel skills desired

Exceptional attention to detail and excellent organizational skills

Candidate must be collaborative, a reliable team player, self-motivated, and possess strong integrity and professionalism

Candidate must be open-minded with a high willingness to learn

Preferred

Fund accounting background preferred

CPA license (active or inactive) or CPA candidate preferred

Public accounting background including Big-4 exposure preferred

Benefits

Generous PTO

401(k) match

Affordable & comprehensive medical/dental/vision insurance

CFA and other professional membership reimbursement

And more

Company

Wilshire

Wilshire is a leading global financial services firm and trusted partner to a diverse range of approximately 500 leading institutional investors and financial intermediaries.

Founded in 1972

Santa Monica, California, USA

201-500 employees