Accounting Manager, Aviation Group

Carlyle Investment Management - Miami, FL

Full-time - Mid Level

Miami, FL

1,001-5,000 employees

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

The Accounting Manager for the Aviation Group at The Carlyle Group will play a pivotal role in managing the financial reporting and accounting functions for various funds within the organization. This position will report directly to the Senior Vice-President and will collaborate closely with third-party administrators to ensure accurate and timely quarterly fund and investor reporting. The Accounting Manager will oversee essential fund accounting functions and back-office operations, which include trade processing, debt management, income and expense recognition, general ledger maintenance, and the calculation and reporting of net asset value (NAV). Additionally, this role involves compiling and drafting supporting schedules for financial statements, ensuring adherence to an effective system of internal control, and maintaining compliance with relevant regulations and standards. In this dynamic role, the Accounting Manager will also be responsible for reviewing the weekly cash flow report, cash reconciliations, and the expenses paid by third-party managing agents. They will facilitate wire transfers between various cash accounts, manage debt repayments and borrowings, and prepare consignment invoices for sales during the reporting period. The position requires a proactive approach to reviewing monthly and quarterly statements, derivative payments, and accounts receivable summaries, as well as preparing coding for accounts payable invoices. The Accounting Manager will also perform other related duties or ad-hoc assignments as directed, making this a multifaceted role that requires strong analytical and problem-solving skills.

Responsibilities

• Manage quarterly fund and investor reporting for various funds.
• Oversee fund accounting functions and back-office operations including trade processing and debt management.
• Ensure accurate income and expense recognition and general ledger maintenance.
• Calculate and report net asset value (NAV) and compile supporting schedules for financial statements.
• Review the weekly cash flow report and cash reconciliations.
• Prepare and review expenses paid by third-party managing agents.
• Facilitate wire transfers between different cash accounts.
• Manage debt repayments (principal and interest) and borrowings.
• Review and provide consignment reports to third-party managing agents.
• Prepare consignment invoices for sales during the period.
• Facilitate capital call and distribution notices with third-party administrators.
• Review monthly and quarterly PCAP statements and derivative payments.
• Prepare and amend sub line reporting.
• Review AR summary report and provide it to managing agents.
• Prepare coding for accounts payable invoices, allocating to different platforms/vehicles.
• Perform other related duties or ad-hoc assignments as directed.

Requirements

• Bachelor's degree required.
• Concentration in accounting or finance preferred.
• CPA preferred.
• Minimum of 6+ years of relevant accounting experience with solid knowledge of GAAP required.
• Knowledge of the private equity industry and/or Aviation preferred.
• Ability to adapt to a fast-changing environment and solve complex issues.
• Experience leading others on routine activities, coaching, mentoring, and providing feedback.
• Solid knowledge of Microsoft Excel and functional knowledge of Microsoft Word and Outlook.
• Solid understanding of accounting information systems.
• Strong problem-solving, analytical, and communication skills.
• Strong team player with a positive attitude, detail-oriented, efficient, and organized.
• Able to work under pressure and meet reporting deadlines.
• Capable of working independently and in groups.
• Proficiency in accounting and other Carlyle systems (training available).