Aksia

Client Operations Associate, Private Markets

Aksia

full-time

Posted on:

Location Type: Remote

Location: California • United States

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About the role

  • Assist with middle and back-office operations and account services on private market funds
  • Record transactions to the company’s investment management system
  • Liaise with investment managers, third party administrators and banks
  • Track forecasted cash flows – capital calls, distributions, invoices, etc.
  • Review all transaction documentation and supporting files, and understand the features of the investment transactions, accruals, etc.
  • Review monthly/quarterly closing packages for accuracy and completeness, including capital activity, investment activity, income and expense accruals, valuation adjustments, etc.
  • Review management fee calculations, including offset amounts, management fee waiver contributions, etc.
  • Review investor allocations and capital account statements
  • Review capital call and distribution calculations, sources/uses of cash, allocations, and investor notices
  • Review distribution waterfall (carried interest) models, in keeping with the applicable fund terms
  • Prepare and/or review financial statements, notes disclosures, and supporting schedules
  • Work on the year-end audit process, in collaboration with the client and auditors and service providers

Requirements

  • 3 to 5 years of fund accounting/operations experience, ideally at a fund administrator, investment manager, public accounting firm or other financial institution
  • Knowledge of private equity, private credit, fund accounting, legal structures, investment objectives, fee structures.
  • CPA preferred but not required
  • Strong quantitative and qualitative skills
  • Advanced professional proficiency in Microsoft Excel
Benefits
  • Health insurance
  • Remote work options
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
fund accountinginvestment managementfinancial statement preparationtransaction documentation reviewmanagement fee calculationscapital call calculationsdistribution calculationsaccrualsvaluation adjustmentsfinancial analysis
Soft Skills
quantitative skillsqualitative skillscommunicationcollaborationattention to detailorganizational skillsproblem-solvinganalytical thinkingtime managementinterpersonal skills
Certifications
CPA