AVP - Closed-End Fund Accounting

Company Description

Vichara is a Financial Services focused products and services firm headquartered in NY and building systems for some of the largest i-banks and hedge funds in the world.

Job Description

Responsibilities will include:

• Preparation and maintenance of the books and records of pooled private investment funds organized as limited partnerships and/or separate accounts;
• Preparation and/or review of complex management fee and waterfall calculations;
• Recording and reconciliation of cash, investments and other balance sheet accounts;
• Recording of purchase and sale transactions;
• Accounting for complex corporate actions;
• Estimating and posting of accruals;
• Preparation and/or review of allocations of income and expense allocations to each partner, including updating of distribution waterfall based on the terms of the governing documents;
• Proposing and preparing distributions and drawdowns;
• Preparation monthly, quarterly, and annual financial reports;
• Analyzing and calculating performance metrics for partnerships/accounts as well as for each investment;
• Coordinating with funds’ independent auditors, custodians, prime brokers and fund administrators;
• Performing other tasks as required.

Qualifications

• Minimum 5 years relevant accounting or audit experience within Big Four public accounting or a mix of public accounting and investment management industry experience;
• Strong knowledge of reconciliation and account analysis;
• Excellent understanding of accounting and the ability to apply relevant investment company accounting rules;
• Solid analytical skills and ability to understand and resolve complex problems; and
• Proficiency in Microsoft Excel, Word and PowerPoint.

Additional Information

Compensation - 140K Base

Benefits:

• Extended health care
• Dental care
• Life insurance