Senior Accountant (Hybrid)

Job description

The candidate will be primarily responsible for reviewing the accounting of our hedge fund and private equity clients, including review of shadow books and reconciling to the fund administrator’s monthly reporting package, and overseeing the preparation of quarterly and year end financial statement workpapers. The candidate will be trained and given the opportunity to develop subject matter expertise in sophisticated hedge fund and private equity financial reporting and operational matters.

• Review “shadow” books and reconcile to fund administrator’s monthly reporting package.
• Oversee investor allocations and distribution analysis.
• Review the management fees and waterfall calculations in accordance with the funds’ governing documents.
• Oversee and manage staff on day-to-day accounting and fund administration matters.
• Review and understand the client’s fund structure, investment strategy, governing documents, customized investor reporting, and operational matters.
• Carry-out detailed review of the team’s work to ensure quality, thoroughness, and completion of assignment tasks within agreed time frames.
• Prepare ad hoc client and investor reporting and analysis.
• Preparation of annual financial statements and footnotes.
• Coordinate the annual audit and act any primary point of contact.
• Support the tax team with information to prepare tax compliance/reports.
• Participate in new client implementations; become accounting team lead once clients are onboarded.
• Develop and nurture strong working relationships with client management and peer client levels.

Qualifications:

• 4+ years of experience in public accounting and preferably hedge funds
• BS or MS in Accounting (150 credit-hours minimum) and CPA (or candidate)
• Must be a team-oriented self-starter who takes initiative and understands client service
• Ability to adapt to new environments easily and articulate ideas across a broad range of audiences
• Strong work ethic with excellent interpersonal skills
• Highly proficient in Microsoft Excel and shown to acclimate to new technologies and systems with ease
• Role will be based in Garden City, NY

Additional information

• Actively licensed CPA preferred
• Audit experience with a public accounting firm

Salary range: $80,000 - $100,000

Company description

IQEQ is a preeminent service provider to the alternative asset industry. IQEQ works with managers in multiple capacities ranging from hedge fund, private equity fund, and mutual fund launches; private equity fund administration; advisory firm set-up, regulatory registration and infrastructure design; ongoing regulatory compliance (SEC, CFTC, and 40 Act); financial controls and operational support services; compliance and operational related projects and reviews; and outsourced CFO/controller and administration services to private equity fund investments – portfolio companies, real estate assets and energy assets. Our client base is growing and our existing clients are engaging the firm across the spectrum of our services offerings.

For further information, and to apply, please visit our website via the “Apply” button below.