Fund Services Plus Manager - Private Equity/Real Estate Fund Accountant

$64,700 - $122,100/Yr

RSM - New York, NY

Full-time - Mid Level

New York, NY

Professional, Scientific, and Technical Services

About the position

The Fund Services Plus Manager at RSM US LLP is responsible for overseeing fund administration engagements, particularly for private equity clients. This role involves managing various aspects of fund operations, including capital calls, distributions, and financial reporting. The manager will also lead a team, coordinate with offshore affiliates, and ensure compliance with fund policies while enhancing technical knowledge in fund structures and accounting issues.

Responsibilities

• Serve as the day-to-day engagement manager for fund administration engagements with a strong focus on private equity clients.
• Manage all aspects of the engagements including capital calls, distributions, wires/cash management, quarterly reporting, and year-end reporting.
• Manage, train and develop the Fund Services Plus team to assist with fund accounting, operational, and reporting deliverables.
• Liaise with leadership from offshore affiliates and help coordinate the activities of the offshore team relating to Fund Services Plus fund administration engagements.
• Educate the US team on the various critical aspects in servicing fund administration clients.
• Interact heavily with clients to ensure all deliverables are met.
• Become an expert user in the firm's fund administration technology platforms.
• Play an important role in quality control and ensure the implementation/adherence to policies and procedures for fund administration.
• Manage/assist in the review and preparation of the work paper supporting schedules for financial statement accounts.
• Coordinate fund level operating activities subsequent closes, fee calculations, including credit facility maintenance, deal funding, and investor funding.
• Coordinate with both internal and external auditors with all aspects of the annual audit.
• Manage/assist in the maintenance and review of the waterfall data and the development of carried interest calculations/models.
• Work with Legal and Compliance team to ensure compliance with various fund policies and procedures.
• Respond promptly to investors' requests.
• Play a significant role in the onboarding process, including the design for client onboarding ‘center of excellence' for onboarding new Advisors/Funds.
• Assist with the testing and implementation of initiatives to improve and streamline fund accounting functions.

Requirements

• 7+ years of Big 4 or national accounting firms fund accounting experience in the private equity industry.
• Undergraduate degree in Accounting.
• Graduate degree, CPA and/or CA.
• Proficient knowledge of Microsoft Office Suite (Excel, Word, PowerPoint).
• Proficient knowledge of fund accounting software (Investran, E-Front, etc.).
• Strong analytical skills, detail-oriented and highly organized.
• Possesses a strong work ethic, personal and professional integrity, and a positive attitude.
• Strong oral and written communication and influencing skills.
• Ability to work in a dynamic, fast-paced environment and handle multiple projects.

Nice-to-haves

• Allvue knowledge is a large PLUS!

Benefits

• Competitive benefits and compensation package
• Flexibility in schedule to balance life's demands
• Discretionary bonus based on firm and individual performance