Entry Level Fund Accountant

Job Description

Fund Accountant | Kaufman Rossin

The Tone:
This is an entry-level opportunity within Kaufman Rossin Alternative Investment Services (KRAIS), located in South Florida. Kaufman Rossin is a leading independent public accounting firm with over 700 employees, focused on putting “people first” and maintaining long-term client relationships. This role is crucial for KRAIS’s expanding fund administration services, directly contributing to the accurate accounting and reporting for alternative investment fund clients. The firm’s structure fosters a collaborative and accessible environment where strategic decisions benefit both employees and clients.

The TL;DR
• Role: Early Career
• Location: In-person, South Florida

• Team: Kaufman Rossin Alternative Investment Services (KRAIS)
• Mission: To provide comprehensive fund administration services, including portfolio accounting and investor services, to alternative investment fund clients.
• Tech Stack: Microsoft Excel, Bloomberg, Paxus

What You’ll Actually Do
• Portfolio Accounting: Perform end-to-end processes for portfolio fund accounting, including fund transactions, reconciliations, valuations, and corporate action processing.
• Financial Reporting: Prepare financial statements such as the statement of assets and liabilities, statement of operations, statement of changes in shareholders’ equity, and statement of cash flows.
• NAV Production: Produce Net Asset Value workpapers and reports, along with performance reports for use by investment managers, investors, and third parties.
• Investment Accounting: Ensure that various investments and securities, including equities, fixed income, options, futures, private placements, and private equity, are accounted for correctly.

The Must-Haves
• Background: Bachelor’s degree in Accounting or Finance with an understanding of investments, securities, and financial markets.
• Experience: Entry-level position; no specific professional experience is required.
• Skills: Advanced proficiency with Microsoft Excel, strong organizational and analytical skills, and excellent verbal and written communication abilities.
• Bonus: Experience at a fund administrator, internal operations for a hedge or private equity fund, or as an auditor to these funds; working knowledge of Bloomberg and Paxus; ability to work periodic overtime; bilingual in Spanish.