Staff Accountant (Hybrid, NYC)
Accounting & Finance · Full-time
New York, NY, USA
USD 70k-90k / year
https://www.formulary.co/careers/account/staff-accountant
What You Need
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1-2 years of fund accounting experience in venture capital, growth equity or private equity asset classes.
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Track record of achievement at a leading fund administration services business.
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Bachelor’s degree in Accounting or related field required.
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Passion for technology and a desire to use technology to improve business operations.
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Experience scoping out system requirements and implementing new systems.
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Superior proficiency with financial statements and fund accounting tools and solutions (different general ledgers, bookkeeping systems)
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A keen interest in using AI and machine learning to solve complex problems.
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Practical experience with the entire investment lifecycle (from fund formation to fund dissolution) for venture capital, growth equity, and private equity asset classes.
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Comprehensive grasp of industry best practices for fund management and operations, including regulatory, tax, audit, compliance and other areas.
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Experience with Limited Partnership Agreements, LLC Operating Agreements, and other legal requirements. Understanding of traditional close-ended fund structures, SPVs, GP entities, blocker entities, parallel entities, and other investment structures (e.g. evergreen, master/feeder, and series fund structures).
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Thorough understanding of GAAP (Generally Accepted Accounting Principles) and regulatory compliance, specifically as related to calculations and journal entries.
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Proficiency in preparing fund financial statements (Statement of Assets and Liabilities, Schedule of Investments) and comprehensive Limited Partner (LP) reporting, including capital account statements.
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Knowledge of tax, audit and compliance regulations and requirements.
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Experience with SOC 1 and SOC 2 controls to develop and maintain robust internal systems to ensure data security, operational reliability, and meet client audit requirements.
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Fluency with software solutions and openness to explore and adapt modern technologies and resources to deliver an enhanced and more efficient client service experience.