Senior Fund Accountant - Private Equity

is a rapidly growing Global Private Markets firm who provides customized investment and advisory solutions to some of the most sophisticated investors in the world.

With $675 billion of total capital allocations, including more than $150 billion in AUM, we are highly diversified in the private markets across the globe and provide creative solutions to solve for the objectives of any investment program.

With a culture built on entrepreneurialism, partnership and being a team within teams, our firm offers joiners the opportunity to think out loud, .

Role Overview

The Senior Fund Accountant will support the day-to-day accounting and financial statements of the Company’s fund partnership vehicles.

In this position, the Senior Fund Accountant will work with a team of accountants and various fund administrators. The Senior Fund Accountant will also work closely with the Fund Accounting Treasury and Operations teams along with the Investment Operations team.

Essential Job Functions :

This hands-on, detail-oriented position will :

• Review calculations of investor cash flow activity including capital call and distribution notices
• Track daily cash activity, including setting up wire payments and daily cash projections
• Review management and performance fees
• Assist in the review of the quarterly unaudited and annual audited financial statements in accordance with GAAP / IFRS
• Assist in the review of quarterly performance reporting
• Review workpapers and supporting documentation for the annual financial statement audit
• Review partner allocations and capital account statements
• Support the investment team in the closing of transactions, including responding to information requests, review of allocations, review of reporting requirements and other support and analysis as needed
• Support various fund administrators and coordinate delivery of required reporting, etc.
• Understand partnership agreements and interpret reporting requirements and partner economics
• Correspond with Corporate Accounting / General Partners regarding accounting / reporting questions, or comments
• Review distribution waterfalls and carried interest
• Respond to investor requests in a professional and timely manner
• Assist tax department with Fund and investor K-1s review and various tax payments
• Perform other duties as requested or as responsibilities dictate

Education and / or Work Experience Requirements :

• CPA preferred
• Must possess a four-year college degree with a major in Accounting
• Two to four years of private equity partnership or real estate fund accounting experience
• Strong Microsoft Excel experience

Knowledge, Skills, and Ability Requirements :

• Ability to multi-task and manage priorities against key deadlines in a fast-paced environment
• Previous experience with Real Estate accounting, Investment Company Accounting and ASC 820 (FAS 157)
• Must be able to work independently, but contribute in a team-oriented environment
• Strong verbal and written communication skills

Salary Range - $80,000 - $95,000

The salary range is an estimate of pay for this position. Actual pay may vary depending on job-related factors that can include location, education, skill, and experience.

The salary range does not include any benefits or other forms of possible compensation that may be available to employees.

About us

Working out of 26 offices in 15 countries, StepStone has a truly global viewpoint. As people are our biggest asset, we offer resources to help our employees reach their full potential.

Our principles are based on integrity, transparency, respect and creativity, which together define how we do business.

Join us

When you choose to work at StepStone, you'll find a group of professionals who are passionate about anticipating changes, solving problems and working together to make it all happen.

Our integrated global team shares insights into how managers think and operate, as well as how they might perform.

StepStone offers a competitive compensation package including salary and incentive compensation for all full time hires, as well as a comprehensive benefits package.

Benefits

We offer a range of benefits which include comprehensive healthcare, strong retirement plan, a mental health well-being program, paid time off, student loan repayment program for our US office locations, and several wellness initiatives.

Disclaimer / Policy Statements

At StepStone, diversity, equity and inclusion are an integral part of our culture. We are an Equal Opportunity Employer that strives to create an inclusive environment that empowers our employees and allows them to be heard, regardless of title or tenure.

Our organizational community features multiple Employment Resource Groups representing our dedication to Diversity, Equity & Inclusion.

As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.

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