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Cyperus Group LLC · 1 day ago

Accounting Supervisor - Private Equity

DFW Metroplex

Full-time

Onsite

Mid, Senior Level

4+ years exp

Cyperus Group LLC is seeking an Accounting Supervisor for their Private Equity/Real Assets Business based in Dallas. The role involves maintaining the general ledger, processing investor capital calls, and completing financial statements while managing client deliverables and training analysts.

Staffing & Recruiting

Hiring Manager

Steve Lipof

Responsibilities

Maintain the general ledger and various sub-ledgers in Investran for complex fund structures

Maintain cash sources and uses

Set up cash analysis, transfer requests and bill payments to be processed with Treasury

Process investor capital calls and distributions including analysis, waterfalls, letters and ILPA filings

Process Quarterly Net Asset Value preparation, which includes the preparation and review of:

Valuation committee materials

Cash and portfolio reconciliations

Income and expense accruals, including management and placement fee calculations

Partner/Shareholder P&L Allocation calculations

Waterfall calculations: hypothetical and disaggregated

Trial balances and work paper products

Complete Financial Statements

Complete Quarterly investor letter materials

Complete Partner capital account statements

Responsible for recurring filings

Manage and monitor the timing and quality of client deliverables as part of a team

Assist in training and support the growth of analysts

Develop close professional relationships with client as primary point of contact

Interact with senior management, clients and external auditors

Coordinate with Tax group, Investor Relations group, Financial Statement group and other groups within the firm

Provide technical accounting/industry knowledge to clients and team

Review private equity fund clients' partnership agreements, PPMs and other materials

Responsible for the implementation of fund structures on accounting system, create appropriate files and build reports

Complete ad hoc reports as needed

Qualification

Fund accounting experienceGeneral ledger preparationFinancial statements preparationMS Excel proficiencyLeadership skillsProject management skillsMS Word proficiencyMulti-tasking abilitySunGard Investran experienceWritten communication skillsVerbal communication skillsAttention to detail

Required

Bachelor's degree in accounting, Finance or Economics (MBA or CPA designation a plus)

4+ years of fund accounting experience in either a Private Equity Fund, Private Equity Administrator, or other financial institution where the accountant has gained financial products knowledge

Experience in reviewing and preparing general ledgers and financial statements

Strong leadership skills and supervisory experience of other professionals

Strong project management skills with attention to detail and proven ability to multi-task

Strong written and verbal communication skills

Proficient with MS Excel and MS Word; experienced user of the SunGard Investran PE accounting platform highly is desirable