Fund Accountant

Our team is partnered with a private market investment firm in Chicago whose Fund Accounting team is growing! Seeking a Fund Accountant to join this collaborative group that is combining deep expertise with an entrepreneurial approach to multi-asset class investing. This role will give you the opportunity to play a strategic role in the investment world.

Responsibilities:

• Assist in the preparation of monthly and quarterly accounting and reporting packages, including fund-level net asset values and investor capital statements for the firm's private credit and equity investment funds
• Process bank transactions including the monitoring and reconciliation of monthly loan collections, fund distributions, fund expenses, while maintaining such activity in the general ledger
• Provide financial information and reporting to internal management, external counterparties, and investors
• Coordinate investor transactions including subscriptions and redemptions with fund administrator
• Monitor expense budgets and accruals
• Coordinate with external auditors on agreed-upon procedures work and annual audits/financial statement preparation
• Collaborate on projects to improve overall efficiencies and accounting procedures
• Interact with senior management, corporate accounting, operations, analysts, and legal
• Assist in Corporate Accounting filing obligations

Required skills and qualifications:

• Bachelor's degree in accounting or related field required. CPA or CPA-eligible with intention to obtain certification preferred.
• 4+ years of fund accounting or audit experience; with at least 2 years at a Big 4 or Top Tier Public Accounting firm
• Knowledge of U.S generally accepted accounting principles and procedures for private investment funds, including experience with fund-level accounting and reporting
• Working knowledge of investment and fund performance metrics, distributions and capital calls calculations (if exposed to private equity)
• Possess strong analytical skills required in reviewing, researching, and resolving issues surrounding accounting and financial matters.
• Exposure to complex fund structures, waterfall calculations, performance calculations (IRRs), distributions and capital calls calculations is a plus
• Experience with annual external reporting (audited financial statements)
• Strategic thinker with the ability to master both the details and the big picture.
• Ability to operate independently and handle many projects at once without losing track of the details.
• Someone who is comfortable with ambiguity, has an excellent work ethic and likes to take ownership of your work