Senior Accountant Private Equity Funds

3 days ago


Reston, Virginia, United States Madison-Davis, LLC Full time

Job Title: Assistant Vice President-PERE Accounting

Job Type: Full-time

Company: Madison-Davis, LLC

Location: Remote

Job Description:

Madison-Davis, LLC is seeking an experienced Assistant Vice President of Private Equity Real Estate Accounting to join our team. The successful candidate will be responsible for the day-to-day administration of Private Equity Funds, delivering high-quality results to clients, and collaborating with team members.

Key Responsibilities:

  • Review and understand Fund documents and structures to ensure proper application of accounting and reporting obligations
  • Process capital activity for the funds in the accounting systems, including commitments, capital calls, distributions, drawdowns, rebalances, and transfers
  • Process trades, cash transactions, income, and expenses on a daily basis
  • Prepare daily trade, portfolio, and cash reconciliations, investigate and resolve any breaks/discrepancies
  • Update and maintain accounting records in accordance with IFRS, GAAP, and internal controls and policies
  • Process payment of expenses
  • Calculate preferred return, waterfall, management fee, and accruals
  • Prepare funds' net asset value calculations and investor allocations in line with clients' requirements and deadlines
  • Respond to client-specific requests/inquiries and proactively anticipate client needs
  • Prepare financial statements, notes, supporting information, and tax schedules, liaising with auditors and ensure the reporting deadlines are met
  • Develop and maintain relationships with the stakeholders of the funds

Requirements:

  • Strong technical accounting skills and knowledge of current reporting standards
  • Strong proficiency in the use of Microsoft Office, including Excel
  • Understanding of industry-standard accounting software (eFront, InvestTran, or equivalent) is a plus
  • Minimum 5 years' previous industry experience with a solid understanding of accounting for Private Equity Funds

What We Offer:

Madison-Davis, LLC offers a competitive salary, bonus structure, and comprehensive benefits package. We are an equal opportunity employer and welcome applications from diverse candidates.


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