Providence Equity Partners Llc Ltd - Providence, RI
posted 4 months ago
The Vice President / Manager, Fund Accounting will take a leadership role in managing the day-to-day operations of the Fund LP reporting group. This position involves working closely with the Controller to oversee and review processes, assess the impact of industry and regulatory changes, and help define and execute the group's strategic focus. The role also emphasizes the importance of utilizing current technology effectively and finding solutions that will allow the firm to operate efficiently in the future. The successful candidate will be responsible for ensuring the accuracy of financial data, managing third-party administrators, and coordinating the issuance of quarterly fund financial statements. Additionally, the role includes assisting with the year-end audit process and acting as a direct liaison with auditors to obtain clean audit opinions for each fund. The Vice President / Manager will also monitor and research changes in the industry regarding US GAAP reporting requirements and disclosures, ensuring compliance with these standards. In terms of accounting operations, the Vice President / Manager will coordinate the capital call and distribution process, manage credit facility drawdowns and repayments, and review calculations of quarterly management fees. The role requires assisting with investor correspondence and reviewing weekly cash activity, as well as participating in ad-hoc reporting and special projects within the finance team. Furthermore, the position involves fund legal operations and compliance, including assisting with annual and quarterly regulatory filings, coordinating reporting processes for Luxembourg and Cayman-based funds, and ensuring compliance with Limited Partnership Agreements and Side Letters. The ideal candidate will possess strong technical and analytical skills, strategic thinking capabilities, and the ability to work independently while managing multiple priorities in a fast-paced environment.