Staff Accountant I
Columbus, OH · On-site
$63K - $65K/yr
Ultimus Leverpoint is an equal opportunity employer and does not discriminate on the basis of the applicant's or employee's race, color, religion, national origin, ancestry, gender, sexual ...
Staff Accountant I
Columbus, OH · On-site
$63K - $65K/yr
Ultimus Leverpoint is an equal opportunity employer and does not discriminate on the basis of the applicant's or employee's race, color, religion, national origin, ancestry, gender, sexual ...
Leverpoint information
What is Leverpoint?
LeverPoint is a firm that provides outsourced fund administration and accounting services, primarily to private equity, venture capital, and real estate investment funds. Their professionals handle complex accounting, investor reporting, and regulatory compliance, allowing fund managers to focus on investment activities. LeverPoint supports clients with services like financial statement preparation, capital call and distribution processing, and partnership accounting, ensuring accuracy and efficiency in fund operations.
What are the key skills and qualifications needed to thrive as a fund accountant at Leverpoint?
To thrive as a Fund Accountant at LeverPoint, you need strong analytical abilities, a solid understanding of accounting principles, and a relevant degree such as accounting or finance. Familiarity with accounting software like QuickBooks or Investran, and proficiency in Excel, are commonly required, along with knowledge of industry regulations. Attention to detail, effective communication, and strong organizational skills are vital soft skills for this role. These skills ensure accurate fund administration, regulatory compliance, and efficient client service in a fast-paced financial services environment.
What are some common challenges faced by professionals working at Leverpoint, and how can new hires prepare for them?
Professionals at Leverpoint often work with complex fund accounting and reporting processes for private equity and real estate clients. A common challenge is managing tight deadlines during quarter-end or year-end cycles, where attention to detail and strong organizational skills are crucial. New hires can prepare by familiarizing themselves with industry-standard accounting software, developing a solid understanding of partnership accounting, and being proactive in communicating with their team. Embracing a collaborative mindset is essential, as Leverpoint's work environment is highly team-oriented, with frequent cross-functional interactions.
What is the difference between Leverpoint vs Bookkeeper?
| Aspect | Leverpoint | Bookkeeper |
|---|---|---|
| Credentials | Typically requires accounting or finance background, sometimes certifications like CPA or CMA | Often requires basic bookkeeping certifications or experience, less formal education needed |
| Work Environment | Financial services firms, investment management, or accounting firms | Small businesses, accounting firms, or freelance settings |
| Employer & Industry Usage | Used in finance and investment industries for fund accounting | Common in small business accounting and payroll management |
Leverpoint and bookkeepers both handle financial data, but Leverpoint typically operates within investment and financial services requiring specialized accounting skills, while bookkeepers focus on day-to-day transaction recording for small businesses. The choice depends on the complexity of financial needs and industry context.
More about Leverpoint jobs
What job categories do people searching Leverpoint jobs look for?
The top searched job categories for Leverpoint jobs are:
$63K - $65K/yr
Full-time
Re-posted 19 days ago
Key responsibilities
Maintain daily cash transactions and general ledger for client funds.
Prepare quarterly and annual financial statements, schedules, and reporting packages.
Respond to client and investor inquiries and prepare correspondence.
Job description
Summary
The Staff Accountant (Fund) is responsible for the maintenance of daily cash transactions and general ledger for client funds, preparing quarterly financial statements and related schedules, and responding to client and investor requests. This position will require regular interaction with team members and management.
Essential Duties and Responsibilities
• Preparation of basic journal entries and general ledger maintenance;
• Preparation of periodic recurring bank reconciliations (i.e. weekly or monthly) and cash composition reports;
• Preparation of quarterly and annual reporting packages prior to management approval;
• Preparation of quarterly and annual financial statements prior to management approval;
• Preparation of basic capital calls and distributions prior to management approval;
• Preparation of correspondence with client investors to address inquiries;
• Prepare team wires/transfers prior to treasury approval and sign off;
• Completion of special projects as required;
• Continually updates job knowledge by participating in educational opportunities; internal company and team trainings; maintains personal networks; participates in professional development opportunities and;
Problem Resolution and Administration
• Ability to multi-task between different tasks and internal demands throughout the day;
• Continually updates job knowledge by participating in educational opportunities; internal company and team trainings; maintains personal networks; participates in professional development opportunities and;
• Additional duties as assigned by management.
Knowledge and Skills
• Sound knowledge of accounting principles, methods, procedures, internal controls with the ability to exercise good judgement in selecting and interpreting information;
• Excellent client service skills with an aptitude to understand the clients' business and maintain strong client relationships;
• Dedication and motivation to achieve high standards of client service and professional in the performance of duties;
• Ability to organize and prioritize work, assisting in the coordination of the work of other team members as needed;
• Sound computer and technical skills, including the use of MS Office Suite and other financial systems;
• Ability to effectively provide team members and others with information, training and assistance as needed;
• Ability to understand and carry out moderately complex accounting procedures and analysis; preparation of work papers; general knowledge of financial reporting;
• Demonstrate sound research, interpretive and problem-solving abilities.
Qualification
• 0 - 2 years' (relevant) experience in Accounting, Finance or related field preferred;
• Minimum of a Bachelor's Degree in Accounting or related field;
• Advanced degree (MBA or MSA) in Accounting or related field strongly preferred;
• Certified Public Accountant (CPA) license is strongly preferred.
• Proficient in Microsoft Office Suite;
• 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 multiple priorities and deadlines.
Physical and Other Requirements
• At times, as business needs arise and employees are required and agree to work beyond their normal work day or work week to fulfill the accountabilities required for their job.
• The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
• While performing the duties of this job, the employee is regularly required to sit and stand;
• The employee must occasionally lift and/or move up to 10lbs and;
• Specific vision abilities are required within this position.
• Occasional travel (approximately 10% or less) may be required in this position.
• Reasonable accommodations may be made to enable employees to perform the essential functions.
Ultimus Leverpoint is an equal opportunity employer and does not discriminate on the basis of the applicant's or employee's race, color, religion, national origin, ancestry, gender, sexual orientation, age, disability, veteran or military status, genetic information, citizenship or any other status entitled to protection under federal, state or local anti-discrimination laws. No questions on our employment application are intended to secure information that is to be used for impermissible purposes.
The Staff Accountant (Fund) is responsible for the maintenance of daily cash transactions and general ledger for client funds, preparing quarterly financial statements and related schedules, and responding to client and investor requests. This position will require regular interaction with team members and management.
Essential Duties and Responsibilities
• Preparation of basic journal entries and general ledger maintenance;
• Preparation of periodic recurring bank reconciliations (i.e. weekly or monthly) and cash composition reports;
• Preparation of quarterly and annual reporting packages prior to management approval;
• Preparation of quarterly and annual financial statements prior to management approval;
• Preparation of basic capital calls and distributions prior to management approval;
• Preparation of correspondence with client investors to address inquiries;
• Prepare team wires/transfers prior to treasury approval and sign off;
• Completion of special projects as required;
• Continually updates job knowledge by participating in educational opportunities; internal company and team trainings; maintains personal networks; participates in professional development opportunities and;
Problem Resolution and Administration
• Ability to multi-task between different tasks and internal demands throughout the day;
• Continually updates job knowledge by participating in educational opportunities; internal company and team trainings; maintains personal networks; participates in professional development opportunities and;
• Additional duties as assigned by management.
Knowledge and Skills
• Sound knowledge of accounting principles, methods, procedures, internal controls with the ability to exercise good judgement in selecting and interpreting information;
• Excellent client service skills with an aptitude to understand the clients' business and maintain strong client relationships;
• Dedication and motivation to achieve high standards of client service and professional in the performance of duties;
• Ability to organize and prioritize work, assisting in the coordination of the work of other team members as needed;
• Sound computer and technical skills, including the use of MS Office Suite and other financial systems;
• Ability to effectively provide team members and others with information, training and assistance as needed;
• Ability to understand and carry out moderately complex accounting procedures and analysis; preparation of work papers; general knowledge of financial reporting;
• Demonstrate sound research, interpretive and problem-solving abilities.
Qualification
• 0 - 2 years' (relevant) experience in Accounting, Finance or related field preferred;
• Minimum of a Bachelor's Degree in Accounting or related field;
• Advanced degree (MBA or MSA) in Accounting or related field strongly preferred;
• Certified Public Accountant (CPA) license is strongly preferred.
• Proficient in Microsoft Office Suite;
• 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 multiple priorities and deadlines.
Physical and Other Requirements
• At times, as business needs arise and employees are required and agree to work beyond their normal work day or work week to fulfill the accountabilities required for their job.
• The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
• While performing the duties of this job, the employee is regularly required to sit and stand;
• The employee must occasionally lift and/or move up to 10lbs and;
• Specific vision abilities are required within this position.
• Occasional travel (approximately 10% or less) may be required in this position.
• Reasonable accommodations may be made to enable employees to perform the essential functions.
Ultimus Leverpoint is an equal opportunity employer and does not discriminate on the basis of the applicant's or employee's race, color, religion, national origin, ancestry, gender, sexual orientation, age, disability, veteran or military status, genetic information, citizenship or any other status entitled to protection under federal, state or local anti-discrimination laws. No questions on our employment application are intended to secure information that is to be used for impermissible purposes.
About Ultimus Fund Solutions
Sourced by ZipRecruiter
Industry
Finance and insurance
Company size
501 - 1,000 Employees
Headquarters location
Cincinnati, OH, US
Year founded
1999