Ascendo Resources · 4 days ago
Senior Fund Accountant
Fort Lauderdale, FL
Full-time
Onsite
Mid, Senior Level
$100K/yr - $115K/yr
4+ years expAscendo Resources is seeking an experienced and detail-oriented Senior Fund Accountant to join their finance team. The role involves overseeing accounting and financial reporting for investment funds, ensuring accuracy and compliance while managing complex financial data.
Human ResourcesStaffing Agency
Hiring Manager
Ronei Foumia
Responsibilities
Prepare and review Net Asset Value (NAV) calculations for assigned funds, ensuring accuracy and adherence to deadlines
Produce monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow reports
Reconcile cash, investments, and other financial instruments with custodian and broker statements
Calculate and verify management fees, performance fees, and expense allocations in accordance with fund agreements
Ensure compliance with GAAP, IFRS, or other relevant accounting standards, as well as fund-specific regulations (e.g., SEC, IRS, or international requirements)
Coordinate and support external audits, preparing schedules and responding to auditor inquiries
Monitor regulatory changes and implement updates to processes to maintain compliance
Analyze and record investment transactions, including equities, fixed income, derivatives, and alternative investments
Monitor portfolio performance and provide insights to fund managers and stakeholders
Manage capital calls, distributions, and investor allocations accurately
Identify opportunities to streamline accounting processes and enhance efficiency through automation or system improvements
Maintain and update internal controls to ensure data integrity and security
Liaise with fund administrators, custodians, and investors to resolve discrepancies and provide financial insights
Prepare investor reports and respond to ad-hoc queries from clients or management
Mentor and train junior accountants, providing guidance on complex accounting issues
Review work of junior staff to ensure accuracy and consistency
Qualification
Required
Bachelor's degree in Accounting, Finance, or related field; CPA, CFA, or equivalent certification preferred
Minimum of 4-6 years of fund accounting experience, preferably in hedge funds, private equity, real estate, or mutual funds
Proven experience with NAV calculations, financial reporting, and investment reconciliations
Proficiency in fund accounting software (e.g., Advent Geneva, Investran, or similar)
Advanced Excel skills (pivot tables, VLOOKUP, macros); familiarity with VBA or SQL is a plus
Strong knowledge of GAAP, IFRS, and fund-specific regulations
Exceptional attention to detail and problem-solving skills
Strong organizational and time-management abilities to meet tight deadlines
Excellent communication skills for interacting with clients, auditors, and internal teams
Ability to work independently and collaboratively in a fast-paced environment
Preferred
Experience with alternative investments (e.g., private equity, venture capital, or real estate)
Familiarity with tax reporting requirements for funds (e.g., K-1s, PFIC statements)
Knowledge of portfolio management systems and Bloomberg Terminal
Company
Ascendo Resources
Ascendo Resources is a staffing and recruiting company providing accounting, finance, and it recruiting services.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Scott Berger
Co-Founder of Healthcare Operations
Brandie Jimenez
Partner at Ascendo Resources
Recent News
2022-02-01
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