Associate Accounting Manager, Fund
LeverPoint Management

Posted September 14, 2018

Employment Type Full-time, Exempt

Compensation Depends upon Skills and Experience

Company LeverPoint Management

Location 5 Maxwell Drive
Clifton Park, NY 12065
US


DESCRIPTORS

COMPANY DESCRIPTION

LeverPoint® is a boutique fund administration firm that has been providing customized solutions for firms since 1995. Today LeverPoint services over $46 billion in assets for Private Equity, Venture Capital, Real Estate, and Fund of Funds clients.

At LeverPoint we place high value on values. We believe in investing in the latest technology, education, and training to help build well-rounded individuals and careers. Our commitment to building careers is reflected in our dedication to uphold the highest ethics and industry standards while creating a company culture of involvement, both in and outside of the office, by giving back to the community. 

LeverPoint is always looking for talented, self-motivated individuals to join our team. If you think you are ready to be a part of an exciting team, then we encourage you to continue with this applicant friendly, online job application!

LeverPoint is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status.
We recognize and respect the amount of time you are about to invest by applying to this open position. If you complete this job application, you will be kept informed via email status updates (and text messages, if you opt in) throughout the evaluation process.

By continuing with this job application, you will be asked to answer job-specific questions. Please note that the questions contained in this job posting are our sole intellectual property.

Upon receipt of your responses, we will evaluate your submission. If selected for a personal interview, you will receive an email/text with scheduling instructions.

Thank You,
The Human Resources Department

SPECIAL NOTE: If you do not receive a confirmation e-mail within minutes of your job application submission, please check your email bulk or spam folders.
JOB DESCRIPTION

The Associate Manager provides daily accounting support for the Fund Team and is responsible for all areas relating to client financial reporting.  The Associate Manager oversees daily team activities and assists in supervising staff to ensure the work is properly allocated and completed in a timely and accurate manner.  The Associate Manager position will require regular direct interaction with clients and team members.   
RESPONSIBILITIES

  • Assist in the preparation and distribution of quarterly financial statements to the Limited Partners to report information regarding the performance of the Fund.
  • Oversee in the preparation of schedules to support the general ledger balances reported in the Financial Statements.
  • Oversee and review in the calculation, preparation and distribution of capital call notices to the Limited Partners to notify them when contributions are due.
  • Complete required regulatory forms to ensure the Fund complies with specific regulation requirements.
  • Oversee the calculation and distribution of 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 and approve bank reconciliations to verify reasonableness of transactions and to confirm all transactions have been accounted
  • Review and approve weekly cash to determine the reasonableness of transactions and accuracy of journal entries
  • Review investment packages to confirm the securities purchased are wired to the correct beneficiary and are for the appropriate amounts
  • 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
  • Oversee associates and provide them with projects to educate them in the field of Private Equity
  • Assist with team training as required for new and existing associates
  • Assist in leading applicable team meetings in order to provide guidance and support to associates
  • Assist in team coaching, hiring, performance evaluations, budgeting and progressive discipline as applicable/required
  • Other duties as assigned
QUALIFICATIONS

  • Minimum of Bachelor’s Degree in Accounting, Finance or Business Administration, Master’s Degree preferred
  • Certified Public Accountant preferred
  • 3-5 years’ experience in the PE industry or similar experience
  • Strong interpersonal and verbal & written communication
  • Strong communication, leadership, analytical and managerial skills
  • Ability to work under pressure in a fast-paced environment
BENEFITS

  • Group benefits package (Medical, Dental, Long- and Short-term Disability, Vision, Life Insurance, and 401k)
  • 401(k) with Company Match
  • Recruiting Referral Bonus Program