Fund Accounting Associate
$125,000–$140,000 year
On-site · New York City, New York, United States
Job Summary
Fund Accounting Associate responsible for executing quarterly close including journal entries, cash reconciliations, capital allocations and fee calculations; coordinate GAAP purchase/sale accounting with third-party fund administrator; review investor statements and collaborate with fund administrator; support year-end audits with external auditors; manage capital calls/distributions and assist with regulatory filings and tax reporting; ideal candidate has CPA designation, a Bachelor’s in Finance/Accounting, 3–4 years in private/public accounting (private equity or hedge funds), experience coordinating audits, and strong Excel skills; preferred exposure to credit, asset-backed securities, securitizations, and related fund administration activities.
Required Qualifications
- CPA designation required
- Bachelor's degree in Finance, Accounting, or a related field
- 3–4 years of accounting experience in private or public accounting, with a focus on private equity or hedge fund clients
- Demonstrated experience coordinating year-end financial statement audits with external auditors
- Prior experience working with a third-party fund administrator
- Working knowledge of waterfall calculations, capital calls, and capital distributions
- Strong proficiency in Microsoft Office; advanced Excel skills required
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