Fund Accounting Senior-San Antonio, TX, Manayunk, PA or Alpharetta, GA

$56,900 - $116,000/Yr

Ernst & Young - San Antonio, TX

Full-time - Mid Level

San Antonio, TX

Professional, Scientific, and Technical Services

About the position

This position at EY involves playing a key role in defining how private equity and PE Fund of Fund General Partners (GPs) meet their fund controllership, investment books and records, regulatory, tax, and financial statement reporting requirements. The role is integral to building a new service and identifying innovative ways for GPs to manage their financial operations effectively.

Responsibilities

• Understand the intricacies of private equity and PE Fund-of-Fund investment operations and financial statement reporting.
• Perform critical accounting activities, including capital calls, valuations, and transaction processing.
• Define new procedures and controls to enhance the overall operational risk process.
• Drive high-quality work products within expected timeframes and budget.
• Assist with managing risks and ensuring key stakeholders are kept informed about progress and expected outcomes.
• Stay current on business and industry trends relevant to clients, including the latest private equity fund structures and investment record keeping standards.

Requirements

• A bachelor's degree in business, accounting, economics, finance, or related discipline.
• Minimum 3 years of work experience related to fund controllership, fund valuation, capital calls and distributions, board reporting and production of audited financial statements.
• Experience related to fund controllership, investment books and records, and/or fund administration.
• Analytical skills, especially an understanding of transaction posting, and investment trial balance debits and credits related to fund controllership, investment books and records and asset management.
• Strong proven communication skills demonstrated through effective writing and presentations to clients and internal stakeholders; based on critical thinking and problem-solving skills.
• An understanding of financial products and services, particularly private equity funds.
• An interest in working in an environment which encourages continuous learning, development, and identification of opportunities for improvement of individual and team performance.
• A willingness to work in an office when production activities require but will have the flexibility to work remotely.

Nice-to-haves

• CFA
• Experience in financial statement reporting/analysis.
• Effective leadership, project management, and organizational skills.
• Experience with software tools including document management systems, workflow systems, partnership accounting, investment accounting such as eFront, Investran, or other investment sub-ledger software.

Benefits

• Comprehensive compensation and benefits package based on performance.
• Medical and dental coverage.
• Pension and 401(k) plans.
• Flexible vacation policy allowing employees to decide how much vacation time they need.
• Time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence.
• Continuous learning opportunities.
• Tools and flexibility to make a meaningful impact.
• Insights, coaching, and confidence to develop leadership skills.
• Diverse and inclusive culture that empowers employees.