Manager, Fund Department Accountant, (Denver Office)
LeverPoint Management

Posted September 30, 2017

Employment Type Full-time, Exempt

Compensation Depends upon Skills and Experience

Company LeverPoint Management

Location 1550 Wewatta Street - 2nd Floor
Denver, CO 80202
US


DESCRIPTORS

JOB DESCRIPTION

The Manager, Fund Team is responsible for overseeing the day-to-day operations of client Funds and communicate directly with the General Partners of the Funds. This position will require regular interaction with clients, team members and management. This position requires a mastery of complex private equity accounting skills, the ability to oversee the complete financial reporting and capital call/distribution process and direct oversight of associates. This positions serves as a resources to other members of the team, providing guidance, coaching, training and additional support as needed.

KNOWLEDGE AND SKILLS
✓ Sound knowledge of accounting principles, methods, procedures, internal controls with the ability to exercise good judgement in selecting and interpreting information;
✓ Excellent client service skills with an aptitude to understand the clients’ business and maintain strong client relationships;
✓ Dedication and motivation to achieve high standards of client service and professional in the performance of duties;
✓ Ability to organize and prioritize work, assisting in the coordination of the work of other team members;
✓ Advanced computer and technical skills, including the use of MS Office Suite and other financial systems;
✓ Ability to effectively provide team members and others with information, training and assistance as needed;
✓ Ability to understand and carry out complex accounting procedures and analysis; preparation of work papers; general knowledge of financial reporting;
✓ Demonstrate sound research, interpretive and problem solving abilities.

PHYSICAL AND OTHER REQUIREMENTS
✓ Regularly scheduled office hours are Monday through Friday, 8am – 5pm. At times, as business needs arise and employees are required and agree to work beyond their normal work day or work week to fulfill the accountabilities required for their job.
✓ The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
o While performing the duties of this job, the employee is regularly required to sit and stand;
o The employee must occasionally lift and/or move up to 10lbs and;
o Specific vision abilities are required within this position.
✓ Occasional travel (approximately 10% or less) may be required in this position.
✓ Reasonable accommodations may be made to enable employees to perform the essential functions.
RESPONSIBILITIES

  • Oversee the preparation and distribution of quarterly financial statements to the Limited Partners to report information regarding the performance of the Fund;
  • Oversee the preparation of schedules to support the general ledger balances reported in the financial statements;
  • Calculate, prepare, and distribute capital call notices to the Limited Partners to notify them when contributions are due;
  • Understand and interpret terms set forth within the Limited Partnership Agreement;
  • Calculate and review complex waterfall structures;
  • Complete required regulatory forms to ensure the Fund complies with specific regulation requirements;
  • Calculate and distribute proceeds to Limited Partners to return capital owed to them;
  • Communicate directly with the General Partners and respond promptly to their requests to provide them with the information they require;
  • Review investment packages to confirm the securities purchased are wired to the correct beneficiary and are for the appropriate amounts;
  • Calculate management fees owed to the Management Company for the investment and portfolio management services they provide to the Fund;
  • Interact with auditors and provide them with reports/support to assist them during the audit;
  • Complete audit confirmations to satisfy procedures performed for the audits of the Limited Partners;
  • Ability to multi-task between different tasks, client deliverables and internal demands throughout the day;
  • Provide supervision, guidance and coaching to the team, including regular training support as needed;
  • Continually updates job knowledge by participating in educational opportunities; internal company and team trainings; maintains personal networks; participates in professional development opportunities and;
  • Additional duties as assigned by management
  • Advanced Responsibilities ✓ Demonstrate mastery of technical skillset including use of Excel and other software utilized by the Fund Team; ✓ Demonstrate mastery of subject matter when advising clients on various client questions or concerns;
  • Consistent resource for other team members with regard to technical questions or questions pertaining to team processes and procedures; ✓ Conduct ongoing team trainings while providing input as to the continued training opportunities at a global-company level; ✓ Provide daily leadership across the team and the organization.
QUALIFICATIONS

  • 5 – 7+ years’ (relevant) experience in Accounting or related field;
  • 5 – 7+ years’ supervisory experience in the following: performance management (including coaching, progressive discipline, performance review delivery etc.), training, talent acquisition and retention;
  • Minimum of a Bachelor’s Degree in Accounting or related field;
  • Advanced degree (MBA or MSA) in Accounting or related field strongly preferred;
  • Certified Public Accountant (CPA) license is strongly preferred;
  • Experience in forecasting and budgeting during an accelerated growth period;
  • Proficient in Microsoft Office Suite with knowledge of Investran or other partnership accounting software a plus;
  • Ability to multitask, time management, attention to detail, planning and problem solving skills required;
  • Ability to communicate and interact professionally and effectively through written and oral communication with current and potential clients and;
  • Ability to work in a fast-paced environment and handle/manage multiple team and individual priorities and deadlines.
BENEFITS

  • Group benefits package (Medical, Dental, Long- and Short-term Disability, Vision, Life Insurance, and 401k)
  • 401(k) with Company Match
  • Bereavement Leave
  • Community Service Hours
  • Competitive Pay
  • Continuing Education Plan
  • Dental Insurance
  • Direct Deposit
  • Employee Assistance Program
  • Excellent Advancement Opportunities
  • Family and Medical Leave
  • Flexible Spending Accounts
  • Formal Ongoing Training Program
  • Formal On-the-Job Training Program
  • Health Insurance
  • Life Insurance
  • Long-term Care Insurance
  • Long-term Disability Insurance
  • Medical Insurance
  • Medical Spending and Dependent Care Reimbursement Accounts
  • Paid Holidays
  • Paid Vacation
  • Personal Days
  • Recruiting Referral Bonus Program
  • Retirement Savings Plan
  • Short-term Disability Insurance
  • Sick Time
  • Supplemental Insurance
  • Vacation
  • Vision Insurance
  • Wellness Program