Financial Accountant

2 weeks ago


Greenwich, Connecticut, United States Tandym Group Full time
GP Accountant Job Description

A private equity firm in Connecticut is seeking a skilled GP Accountant to join their growing team. As a key member of the team, you will be responsible for ensuring the accuracy and integrity of financial reports and statements.

Key Responsibilities:
  • Financial Statement Preparation: Prepare and review monthly and quarterly trial balances, financial statements, and supporting work-paper packages.
  • Collaboration with Fund Accounting and Corporate Accounting Teams: Work directly with these teams to ensure proper treatment of underlying fund-level activity, expense accruals, and other intercompany activity.
  • Transaction Execution: Work with Portfolio Managers to account for and execute transactions related to GP balance sheet capital.
  • Economic Allocations and Partner Capital Account Roll-Forwards: Prepare and review economic allocations and partner capital account roll-forwards.
  • Annual Audits and Tax Reporting: Work with public accounting firms on annual audits and tax reporting, including estimates and K1s.
  • Contribution and Distribution Calculations: Calculate all contribution and distribution amounts for each GP member, including carried interest.
  • Contribution and Distribution Notices: Prepare all contribution and distribution notices, including detailed exhibits.
  • Cash Management: Monitor contributions and distributions between funds and GP members, and forecast liquidity in advance of capital activity.
  • Capital Account Statements: Prepare quarterly and semi-annual capital account statements and schedule of investments.
  • Onboarding and Process Improvement: Participate in onboarding new members of the GP and automate current processes and other projects impacting the GP entities.
Qualifications:
  • 3+ years of public and/or combo private equity experience.
  • Bachelor's degree in accounting.
  • Microsoft Excel proficiency.
Desired Skills:
  • Partnership accounting experience from a private equity fund.


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