Fund Accounting & Analysis PEREI Associate

Summary

The individual will be responsible for performing the fund accounting and analysis functions for investment partnerships and accounts managed by the Firm.

Responsibilities:

The role will be involved in the following critical activities:

• Perform the day-to-day accounting for private equity funds and related investment vehicles invested by our clients.
• Review monthly, quarterly, and annual NAV and financial statement packages prepared by outsourced accounting provider, including investor reporting.
• Responsibility for coordinating with client on set deliverables and maintain good client relationship.
• Manage, monitor, and provide guidance to the outsourced accounting provider.
• Review individual partner capital account statements.
• Calculate and review quarterly management fee, carried interest waterfall calculations.
• Review capital call and distributions notices sent to investors from general partners.
• Prepare working to check the allocation of investment cost, fee charge and distribution is in line with LPA based on the client’s procedure.
• Reconcile cash activity to that of the general partners’ and the client’s book.
• Collaborate with other teams throughout the firm, including tax, legal, treasury, client services, portfolio management, etc.
• Support client relationship personnel on ad-hoc requests.
• Assist with audit request and regulatory compliance reporting for the various partnerships and companies.
• General accounting responsibilities.
• Assist in special projects as requested.

Education, Skills, or Experience Requirements:

• BA/BS in Accounting/Finance with outstanding academic credentials; applicable coursework or internship in the field of investments or financial markets. 
• 3 to 6 years of experience working for a financial services firm or top tier accounting firm, with specialization in investment partnerships, or financial services industry.
• CPA preferred.
• Accounting experience in managing private equity, hedge funds or similar types of alternative products is preferred, but not required.
• Knowledge of partnership accounting as well as exposure to financial reporting, auditing, and tax. Private equity experience is preferred, but not required.
• Demonstrated team player, self-starter, and independent thinker with the ability to exercise excellent judgment.
• Proven ability to work in a fast-paced environment with a high level of flexibility, accuracy, and attention to detail.
• Ability to handle multiple tasks simultaneously and effectively manage deadlines.
• Knowledge of Investran system is preferred, but not required.
• Good written and verbal communication skill in both Korean and English.

In terms of cultural fit, the successful candidate will be self-motivated and energized by working amongst a group of thoughtful, smart, fast-paced and successful colleagues.  He or she will be a naturally collaborative individual who enjoys interacting with individuals at all levels.  Additionally, he or she will be a strong team player with a proactive approach and the ability to take initiative with discretion and judgment.