Private Equity Accountant

Job Description

Private Equity Accountant | LHH

The Tone:
This is a full-time, hybrid role in Dallas, TX, that LHH is recruiting for on behalf of a client. LHH, a comprehensive recruitment solutions company, connects talented accounting professionals with leading organizations. This critical Private Equity Accountant position supports the financial integrity and investor relations for investment companies by managing complex accounting records and financial reporting. The role ensures accurate financial statements and efficient capital flow within structured investment environments.

The TL;DR
• Role: Full Time
• Type: Hybrid
• Location: Hybrid – Dallas, TX
• Pay: $100000–$105000 yearly
• Mission: To ensure the accuracy and integrity of financial records and statements for investment entities, supporting investor capital management and addressing complex accounting challenges.

What You’ll Actually Do
• Financial Reporting: Prepare accurate month, quarter, and year-end US GAAP financial statements.
• Investor Capital Management: Assist in preparing for capital calls, distributions, and allocations to investors.
• Record Keeping: Maintain comprehensive underlying accounting records for investment entities.
• Financial Analysis: Analyze daily cash transactions and fund flows, and prepare debt reconciliations and roll forwards for various facilities.
• Issue Resolution: Resolve intricate investment accounting issues, particularly those involving complex investment structures, and support management in problem-solving efforts.

The Must-Haves
• Background: Bachelor Degree in Accounting.
• Experience: Minimum of two years of professional accounting experience is required, preferably in public accounting, private equity accounting, investment company accounting, or real estate accounting. This role is also suitable for professionals with a tax background seeking to transition into an accounting position.
• Skills: Proficiency in US GAAP financial statement preparation, journal entry creation for investment allocations, daily cash transaction analysis, and debt reconciliation.
• Bonus: CPA or CPA candidate is a plus.