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Private Equity Supervisor
Ref No.: 18-03113
Location: Jersey City, New Jersey
Position Type:Full Time
Pay Rate : $ 70,000.00 - 80,000.00 /Year

About the Role: The Supervisor, Private Equity (PE) is responsible for providing and overseeing all accounting functions and preparation of financial statements, partner allocation P&L flow, assure fund operation is within the guidelines of offering document, provide comments on offering documents, provide assistance and guidance on accounting standards and best practices. Our teams consist of highly skilled Chartered Accountants, MBAs, and CFAs who are trained to provide highly accurate, timely, and efficient services, ensuring 100% accuracy and providing world class customer service.

Job Duties:
• Monthly Net Asset Value preparation, which includes:
• Cash and Portfolio Reconciliations
• Income and Expense Accruals
• Partner/Shareholder Allocation calculations
• Financial Statement preparation
• Maintain the general ledger and various sub-ledgers
• Prepare and review trial balances and workpaper product
• Manage and monitor the timing and quality of client deliverables
• Interact with senior management and clients
• Overall responsibility for client relationships and meetings
• Establish plan for new client setup and transitions
• Coordinate, manage, and monitor external audit process
• Process capital calls, distributions, and statements for the PE accounts
• Place outbound phone calls to clients in response to written inquiries, or to obtain clarification on transaction processing requests
• Provide technical accounting/industry knowledge to clients
• Coordinate with Operations group, Tax group, Investor Relations group, Financial Statement group, and other groups of the firm
• Review private equity fund clients partnership agreements, PPMs, and other materials
• Implementation of fund structures on accounting system
• Interact daily with P&L team on valuations and price analysis
• Ad hoc reports as needed

About You:
• 4+ years of fund accounting experience in either a Private Equity Fund, Private Equity Administrator, or other financial institution where the accountant has gained financial products knowledge
• Experience in reviewing and preparing general ledgers and financial statements
• Strong leadership skills and supervisory experience of other professionals
• Project management skills with attention to detail and proven ability to multi-task
• Strong written and verbal communication skills
• Proficient with MS Excel and MS Word; experienced user of the SunGard Investran PE accounting platform highly is desireable
• Bachelor's degree in Accounting, Finance, or Economics (CPA designation a plus)

Key Competencies:
• Technical Knowledge and Commercial Acumen
• Quality and Risk Management; Decision-Making
• Client Service; Communication; Teamwork; Coaching
• Drive for Results; Adaptability