Company Overview:
They are a world-renowned alternative investment company located in the Greater Boston Area. Their company has experienced extensive growth over the past years and they are looking to add to their staff.
Their employees are considered to be their number one priority and we support flexible hours in the working environment. Their office offers the benefits of free breakfast, an employee restaurant onsite, an employee gym and much more. They present a global influence through our state of the art technology and diverse workforce. As they expand, they are looking to recruit employees who desire to grow and develop within the fast paced entrepreneurial environment.
FIRM OVERVIEW
The firm is one of the world’s leading private multi-asset alternative investment firms with an impressive number assets under management that creates lasting impact for their investors, teams, businesses, and the communities in which they live. Since founding, they’ve applied their insight and experience to organically expand into several asset classes including private equity, credit, public equity, venture capital and real estate. They leverage their shared platform to capture cross-asset class opportunities in strategic areas of focus. With offices on four continents, their global team aligns our interests with those of their investors for lasting impact.
KEY RESPONSIBILITIES
Will include some or all of the following for multiple funds:
Preparation of all aspects of financial reporting including:
Daily analysis of investment activity and performance reporting
Monthly capital reporting to investors as well as associated returns, positioning, and attribution analysis
Assist in preparation of monthly investor reports and quarterly investment letters.
Quarterly and Annual Financial Statements
Assist in preparation of taxable income and allocation workbooks for quarterly tax estimate and annual K-1 processes
Intercompany reporting (e.g. Investor Relations, Diligence, Firm Corporate, G.P., Coinvest, Compliance, Tax, Legal, and other Firm investment divisions)
Frequent / Challenging / Unique Ad hoc requests
Application of provisions described in complex legal documents (e.g. PPMs/LPA/IMAs) including:
Capital Call Provisions
Capital Allocations
Carried Interest Allocations
Distribution Provisions
Management Fees
Expenses (ability to charge as well as expense cap provisions)
Investment Restrictions/Compliance
Close interaction with Portfolio Management team to address issues surrounding investment objectives and constraints within each fund’s investment mandate. Responsible for having an understanding of asset classes owned within each fund, which may include bank loans, bonds, equities, credit default swaps, structured products and options.
Close interaction with deal staff to address any question that arises as part of the financial reporting process. Responsible for understanding the nature of their question and addressing accordingly either through providing additional information as needed or developing new solutions to address their needs.
Close interaction with Operations and outside Administrators when issues are discovered as part of the financial reporting process. Responsible for determining the root cause of the issues encountered, determining effective solutions, and then overseeing the implementation of those solutions.
Close interaction with Investor Relations to address any questions from investors.
Close interaction with internal IT and outside consultants to achieve implementation of systematic solutions/efficiencies in relation to accounting systems and recurring reporting requests. Assist in the design of solutions, as well as ownership of the user acceptance testing and implementation of solutions. Propose new initiatives as challenges/inefficiencies arise.
Close interaction with outside accountants during year end audit and interim.
Close interaction with tax accountants for the preparation of tax returns and K-1’s.
GENERAL QUALIFICATIONS
2 – 4 years of public accounting, audit or tax (preferred), or other relevant work experience in a rigorous environment.
Strong ability to prioritize multiple responsibilities and work under tight deadlines.
Self-starter with initiative. Ability to work unsupervised.
Strong analytical problem-solving skills.
Strong interpersonal skills with capacity to interact with outside parties and personnel across all levels of the firm.
Ability to decipher complex legal documents.
Dedicated team player with a strong sense of ownership and follow-through skills
Detail-oriented, conscientious and energetic professional.
Strong Excel skills including the ability to develop efficient Excel templates from scratch. Experience with macros not needed.
Strong ability to think outside the box to develop solutions to Frequent / Challenging / Unique Ad hoc requests in order to deliver the desired result/information when quite often starting from a blank slate.
DESIRED BACKGROUND/EDUCATION
Four-year college degree with a strong academic background.
Major in accounting (preferred), finance and/or related degree.
CPA or equivalent qualification a plus. Work toward or an interest in pursuing a CFA charter a plus.