Senior Fund Accountant

Company: TPG Staffing, LLC
Location: Greenwich
Posted on: May 14, 2022

Job Description:

The Fund Accountant performs a variety of tasks relating to overall responsibilities of the day to day work plan for the assigned fund. The successful candidate will also be responsible for the review of the daily cash reconciliation report and follow up on reconciling items in addition to completing monthly/quarterly/annual closings for assigned funds. Position Responsibilities: Enter journal entries for month end accruals. Enter journal entries for tangible transactions as required. Verify that partners/partnerships are in balance. Verify that Trial Balance market value ties to Partnership Closing report and Holdings reports. Verify that income per Trial Balance ties to Partnership Closing report. Prepare and enter journal entries as required. For tax clients, complete required tax workpaper and enter any independent K-1 parameter amounts required. Review and verify that dependent K-1 parameters are accurate. Calculate qualified and non-qualified dividends and enter in K-1 parameter bucket. For aggregate funds only, determine long term capital gains and losses for closing period and enter as separate numbers into the appropriate K-1 parameter bucket. Complete tax diagnostic verifying there are no fails. Complete closing checklist in SharePoint. Save in PDF format all month end closing reports- trial balance, partnership closing, holdings reports. Capital calls/distributions. Process capital calls for outside investments and obtain email approval for order. Process distributions from outside investments, breaking down distribution based on information contained on notice. Process trades when required. Process partner capital calls for your assigned funds. Process partner distributions for your assigned funds. Update commitment schedule for recallable distributions. Miscellaneous day to day work. When partnership accounting receives a notice regarding a capital call or distribution, forward information to trading group/operations for processing. Enter opening day closes for any fund that has capital movements on the first business day of the month to ensure accurate market values for capital movements. Prepare GAAP financial statements for audit purposes and assist with the annual audits. Provide support for annual financial statement audit for funds assigned to you. Assist with special projects or day to day work as needed. Education: A BA/BS is required; degree in Finance or Accounting. Experience: Five to Ten years of financial services industry experience or public accounting on a financial services team. Knowledge of Partnership a plus. Skills Computer skills are required. Proficient in Microsoft Excel. Strong communication, analytical, quantitative and problem solving skills. Ability to work independently and as part of a team. Ability to multi-task and prioritize tasks. Accurate and timely follow up and responsiveness. Exceptional attention to detail.

Keywords: TPG Staffing, LLC, Greenwich , Senior Fund Accountant, Accounting, Auditing , Greenwich, Connecticut