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Ultimus LeverPoint Private Fund Solutions · 1 day ago

Manager - Fund Accounting

Philadelphia, PA

Full-time

Onsite

Senior Level

$100K/yr - $140K/yr

5+ years exp

Ultimus LeverPoint Private Fund Solutions is seeking a Manager for their Fund Team, responsible for overseeing the day-to-day operations of client Funds and maintaining communication with General Partners. The role involves managing financial reporting, capital calls, and providing guidance and support to team members.

Accounting

Hiring Manager

Steve Fites

Responsibilities

Oversee the preparation and distribution of quarterly financial statements to the Limited Partners to report information regarding the performance of the Fund

Oversee the preparation of schedules to support the general ledger balances reported in the financial statements

Calculate, prepare, and distribute capital call notices to the Limited Partners to notify them when contributions are due

Understand and interpret terms set forth within the Limited Partnership Agreement

Calculate and review complex waterfall structures

Complete required regulatory forms to ensure the Fund complies with specific regulation requirements

Calculate and distribute proceeds to Limited Partners to return capital owed to them

Communicate directly with the General Partners and respond promptly to their requests to provide them with the information they require

Review investment packages to confirm the securities purchased are wired to the correct beneficiary and are for the appropriate amounts

Calculate management fees owed to the Management Company for the investment and portfolio management services they provide to the Fund

Interact with auditors and provide them with reports/support to assist them during the audit

Complete audit confirmations to satisfy procedures performed for the audits of the Limited Partners

Ability to multi-task between different tasks, client deliverables and internal demands throughout the day

Provide supervision, guidance and coaching to the team, including regular training support as needed

Conduct ongoing team trainings while providing input as to the continued training opportunities at a global-company level

Provide daily leadership across the team and the organization

Additional duties as assigned by Senior Management

Qualification

Private equity accountingFinancial reportingSupervisory experienceCertified Public AccountantInvestran softwareMicrosoft Office SuiteTime managementProblem-solvingAttention to detailEffective communication

Required

5 – 7+ years' supervisory experience in the following: performance management (including coaching, progressive discipline, performance review delivery etc.), training, talent acquisition and retention

5 – 7+ years' (relevant) experience in Accounting or related field

Minimum of a Bachelor's Degree in Accounting or related field

Ability to multitask, time management, attention to detail, planning and problem-solving skills required

Ability to communicate and interact professionally and effectively through written and oral communication with current and potential clients

Ability to work in a fast-paced environment and handle/manage multiple team and individual priorities and deadlines