Fund Finance, CIT Funds - Assistant Vice President
$110,000–$145,000 year
HybridNew York, United States
Job Summary
Review monthly NAV packages from third-party administrators and reconcile cash, positions, and activity against custodian data. Validate portfolio valuations, recalculate management and incentive fees, and approve fund-level expense payments and accruals. Prepare financial statements for quarterly and annual SEC filings, manage the end-to-end annual audit process, and draft current reports for events like monthly subscriptions. Leverage technology to publish NAV statements and fact cards, oversee the third-party tax provider for K-1 delivery, and calculate proration factors for oversubscribed tender offers. Maintain internal controls and SOC-1 reports to ensure regulatory compliance while identifying process improvements. Work Monday-Thursday in the office with remote flexibility on Fridays.
Required Qualifications
- 5+ years of experience in fund accounting or public accounting with a focus on alternative investment management clients
- Strong knowledge of investment company accounting under US GAAP
- Experience with registered funds ('40 Act and '34 Act)
- Familiar with SEC reporting requirements (Form 10-K, 10-Q)
- Able to manage complex financial data with a commitment to being accurate and meticulous
- Demonstrated ability to work on a team and work effectively with internal partners and external service providers
- Employees in this role will work in the office Monday-Thursday, with the flexibility to work remotely on Friday
Desired Qualifications
- Experience with Collective Investment Trust (CIT) Accounting
- CPA certification
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