Fund Accountant
townsend groupAkron, OH
Fund Accountant
townsend groupAkron, OHSenior L5
Accountants and AuditorsBookkeeping, Accounting, and Auditing ClerksFinancial Specialists, All Other
Portfolio Management and Investment AdviceTrust, Fiduciary, and Custody ActivitiesMiscellaneous Financial Investment Activities
Fund Accountant Part of Townsend's client base is composed of a series of pooled funds that have raised capital from high-net-worth US investors and certain non-US investors. Townsend also manages co-investment funds for institutional investors that are designed to generate targeted exposure to non-traditional investment areas (such as emerging managers or emerging markets). Townsend is searching for an accountant to assist in the accounting and reporting process for the funds that are managed. The Fund Accountant will report to the Fund Controller and will work directly with the portfolio management team and other consultants.
Responsibilities:
- Recording journal entries
- Reconciling accounts, including bank reconciliations
- Managing cash activity
- Maintaining capital account balances under the supervision of Townsend's Fund Controller
- Assist fund administrators with quarterly financial reporting to the limited partners
- Produce limited partner capital account statements on Investran software
- Assist in the preparation of quarterly reports and annual GAAP financial statements for Townsend's funds
- Working with outside accountants to help assist the audit process and the production of tax reports for investors
Qualifications:
- Bachelors in accounting or finance 1-2 years experience
- Strong analytic skills
- Intermediate knowledge of Excel
- Effective communication skills. The Associate may be called upon to work with managers of underlying funds, outside accountants and attorneys and to speak with fund investors and prospective investors
- Experience with partnership capital accounting a plusExperience with private fund management and/or experience with real estate investments is a plusExperience with Investran software a plus
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Level
Senior L5
Location
Akron, OH
Occupation
Accountants and Auditors
Industry
Portfolio Management and Investment Advice
Posted
9 days ago