Staff Accountant – Fund Accounting

Job Description

Staff Accountant | Corporate Ladder Search Partners, Inc.

The Tone:
This is an early career Staff Accountant role focused on fund accounting within a dynamic investment environment. Corporate Ladder Search Partners, Inc. offers a unique opportunity to gain direct, hands-on exposure to intricate fund accounting practices, detailed financial reporting, and the operational aspects of private investments. This position is vital for maintaining the integrity of financial records and supporting the comprehensive reporting activities required for a diverse portfolio of private investment funds. It provides a supportive and collaborative setting designed to foster significant learning, professional growth, and a long-term career trajectory in the specialized and high-demand field of fund accounting.

The TL;DR
• Role: Early Career
• Type: Full-time

• Team: Reports to experienced finance professionals within a collaborative environment, working with fund administrators and external partners.
• Mission: To support accounting and reporting activities for a diverse portfolio of private investment funds.
• Tech Stack: Fund accounting systems, Microsoft Excel

What You’ll Actually Do
• General Ledger and Cash Management: Prepare and accurately post journal entries to maintain comprehensive general ledger records, and perform thorough account reconciliations, specifically focusing on bank and cash reconciliations across multiple investment funds to ensure precision.
• Daily Financial Monitoring: Monitor daily cash activity diligently and provide essential assistance with cash management processes, contributing to the efficient flow of financial resources.
• Investor Account and Reporting Support: Support the meticulous maintenance of investor capital account balances under supervision, including assisting in the preparation of crucial quarterly investor reporting and deliverables, and specifically preparing investor capital account statements using specialized fund accounting systems.
• GAAP Financial Statement Preparation: Play an active role in contributing to quarterly reporting efforts and the comprehensive preparation of annual GAAP financial statements, ensuring compliance and accuracy.
• Audit, Tax, and Stakeholder Coordination: Support critical audit and tax processes by effectively coordinating with external auditors and tax advisors, and collaborate closely with internal teams and various external stakeholders, including fund managers and legal advisors, to ensure seamless operations.

The Must-Haves
• Background: Bachelor’s degree in Accounting or Finance with early career experience, including relevant internships or entry-level roles.
• Experience: 1-4 years of accounting experience is required. Proficiency in Microsoft Excel is essential for this role.
• Skills: Strong analytical capabilities, keen attention to detail, and effective written and verbal communication skills are necessary.
• Bonus: Exposure to partnership accounting, private funds, or real estate; prior experience in public accounting or a public accounting internship; or a background in audit or assurance, particularly with investment funds or financial services clients.