Staff Fund Accountant – Private Investments

Job Description

Staff Accountant | Cherry Bekaert Recruiting & Staffing Services

The Tone:
This is a Staff Fund Accountant role for an early career professional, located remotely within the Washington, DC Metro Area (DMV). The client is a rapidly growing private investment firm, providing exposure to venture capital, private equity, and real estate investments. This position is crucial to expanding the firm’s finance and investment operations team, supporting its growing investment platform. The role offers hands-on experience in a highly visible position within a lean, entrepreneurial team.

The TL;DR
• Role: Early Career Staff Fund Accountant
• Type: Full-time
• Location: Remote Washington, DC Metro Area (DMV)
• Pay: $65000–$80000 yearly
• Team: Finance & Investment Operations team, reporting to finance leadership
• Mission: Support the day-to-day accounting and financial operations of the firm’s investment activities.

What You’ll Actually Do
• General Ledger Management: Prepare journal entries and support general ledger accounting activities, ensuring accurate financial records.
• Financial Reconciliations: Perform account and bank reconciliations to maintain data integrity and identify discrepancies.
• Close Process Support: Assist with monthly, quarterly, and year-end close processes, contributing to timely financial reporting.
• Investor & Entity Support: Support accounting and recordkeeping for investment entities, including preparing investor statements and K-1 documentation.
• Transaction & Operations Assistance: Coordinate wire and payment activities, assist with investment closings, and support audit, tax, and regulatory processes.

The Must-Haves
• Background: Bachelor’s degree in Accounting, Finance, Business, or a related discipline with a working knowledge of fundamental accounting concepts.
• Experience: Approximately 1-3 years of accounting or related financial experience, or strong, hands-on internship experience for recent graduates. This includes exposure to reconciliations, general ledger, month-end close, AP/cash, or financial reporting.
• Skills: Strong attention to detail, accuracy in a deadline-driven environment, demonstrated initiative, problem-solving skills, and a willingness to learn.
• Bonus: Experience in fund accounting, investment accounting, private equity, venture capital, or fund administration is a plus, but not required.