Fund Services Manager – Private Equity Fund Administration
RSM US LLP
full-time
Posted on:
Location Type: Office
Location: New York City • Colorado • New York • United States
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Salary
💰 $88,900 - $168,300 per year
About the role
- Serve as the day-to-day engagement manager for fund administration engagements with a strong focus on private equity clients
- Manage all aspects of the engagements including, capital calls, distributions, wires/cash management, quarterly reporting, and year end reporting
- Manage, train and develop the Fund Services Plus team to assist with fund accounting, operational, and reporting deliverables
- Liaise with leadership from our offshore affiliates and help coordinate the activities of the offshore team relating to Fund Services Plus fund administration engagements
- Educate the US team on the various critical aspects in servicing fund administration clients
- Heavy interaction with the clients to ensure all deliverables are met
- Become an expert user in the firm’s fund administration technology platforms
- Play an important role in quality control and ensure the implementation/adherence to policies and procedures for fund administration
- Manage/assist in the review and preparation of the work paper supporting schedules for financial statement accounts
- Coordinate fund level operating activities subsequent closes, fee calculations, including credit facility maintenance, deal funding, and investor funding
- Coordinate with both internal and external auditors with all aspects of the annual audit
- Manage/assist in the maintenance and review of the waterfall data and the development of carried interest calculations/models
- Work with Legal and Compliance team to ensure compliance with various fund policies and procedures
- Responsible for the prompt response to investors’ requests
- Play a significant role in the onboarding process, including the design for client onboarding ‘center of excellence’ for onboarding new Advisors/Funds
- Assist with the testing and implementation of initiatives to improve and streamline fund accounting functions
Requirements
- 7+ years of Big 4 or national accounting firms fund accounting experience in the private equity industry
- Well versed in interpreting/applying the financial and operational terms of Limited Partnership Agreements for private equity funds
- Undergraduate degree in Accounting
- Graduate degree, CPA and/or CA
- Proficient knowledge of Microsoft Office Suite (Excel, Word, PowerPoint)
- Proficient knowledge of fund accounting software (Investran, E-Front, etc.)
- Yardi experience is preferred
- MRI experience is a bonus
- Strong analytical skills, detail oriented and highly organized
- Possesses a strong work ethic, personal and professional integrity, and a positive attitude
- Strong oral and written communication and influencing skills
- Ability to work in a dynamic, fast‐paced environment and handle multiple projects
Benefits
- flexibility in your schedule
- empowering you to balance life’s demands
- total rewards
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
fund accountingcapital callsdistributionscash managementquarterly reportingyear end reportingcarried interest calculationswaterfall data maintenancefinancial statement preparationLimited Partnership Agreements
Soft Skills
analytical skillsdetail orientedhighly organizedstrong work ethicpersonal integrityprofessional integritypositive attitudeoral communication skillswritten communication skillsinfluencing skills
Certifications
CPACA