Senior Manager, Fund Services (Private Equity)

Company: Funds Partnership Asia
Location: San Mateo
Posted on: January 16, 2022

Job Description:

Exciting opportunity to join a fast growing fund administration firm who have just launched their first US office! They are technologically advanced and have recently acquired some large new PE & VC clients in they Bay Area, hence are looking to build up their team there. It is a close knit team and there will be opportunities for career progression and even travel to Asia. Candidates can be considered for Manager to Associate Director level positions, depending on level of experience.
A successful candidate will be responsible in leading a team in the analysis and performance reporting of investment performance for a portfolio of private equity/venture capital funds.
Responsibilities:

• Provide accounting services for clients including preparing and processing transactions and financial reports;
• Provide support to clients' investor inquires;
• Prepare fee calculations (managing fees, carried interest and waterfall) verifying that calculations are in accordance with LPA;
• Prepare investor capital and distribution notices;
• Prepare ad hoc requests regarding fund and investor specific reports as well as analysis;
• Prepare fund annual and quarterly financial reports;
• Prepare SPV accounting;
• Understand and assist clients with other reporting, such as FATCA, K1 etc.;
• Assist clients to address and resolve audit inquiries from external auditors during year-end audit;
• Participate in pre-project stage discussion with the clients and to define more detailed services model for specific clients as required;
• Assist in the onboarding of existing funds and the launch of new funds;
• Participate in the internal as well as external technology solutions to address the complex reporting and data requirements of clients;
• Recruit, train, motivate, and develop staff to develop their full potential;
• Participate in strategic planning and review to continuously improve processes and the team's performance;
  Requirements:
  • Bachelor's degree in Accounting, preferably with a CPA qualification;
  • 5-10 years' experience in private equity fund accounting/audit;
  • Basic knowledge of different accounting standards (IFRS, GAAPs);
  • People management and leadership skills;
  • Strong organizational skills;
  • Ability to communicate effectively;
  • Good time management skills with ability to multi-task;
  • Proficiency in Excel and other windows-based software;

Keywords: Funds Partnership Asia, San Mateo , Senior Manager, Fund Services (Private Equity), Executive , San Mateo, California