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Title:
Sr. Investment Accountant
Location:
Santa Monica,CA 90404
Date Added:
August 04, 2010
Salary Range:
$70,000.00 - $80,000.00
Bonus:
Sr. Investment Accountant
Employment Type:
Direct Hire
Job Details:
Well known Private Equity Firm Based in Santa Monica, CA seeks a talented Sr. Investment Accountant to join their team.
The Senior Investment Accountant is responsible for partnerships and investments assigned. This includes the general day-to-day maintenance relating to the assigned partnerships and investments. Responsibilities include: cash projections, recurring payments, monthly accruals, quarterly reporting, monitoring of agreements.
DUTIES:
- Read and understand Partnership Agreements
- Consolidation/Elimination entries
- Calculate management fees
- Manage monthly expense accruals and payments
- Foreign currency transactions
- Maintain capital commitment report
- Quarterly financial statements
- Quarterly investor statements
- Annual financial statement audit, including footnotes
- Read and understand credit facility
- Manage line of credit borrowings and paydowns
- Maintain cash projections
- Review daily cash balance report
- Maintain interest accruals and amortization of fees related to credit facility
- Calculate and record all capital calls and distributions
- Prepare capital call exhibits
- Prepare investor distribution statements
- Process deal fundings, including set up of new entities and bank accounts
- Read and understand all related agreements/documentation relating to investments
- Record investment proceeds and cost basis relief across various funds
- Assist Controller with preparation/review of fair value calculations
- Periodic review of investment against underwriting
- Track 3rd party debt
- Supervise staff
- Invoice coding for A/P department
- Approval of staff journal entries and wires
- Ad hoc Investor Requests
REQUIREMENTS:
- 4 year degree in accounting/finance or reltated field
- CPA or MBA Preffered
- Self starter
- Excellent oral and written communication skills
- Highly organized / detail oriented
- Ability to multi-task
- Proficient with MS Word and Excel
- Effective team member
- Ability to manage work of staff accountants
- Previous investment industry and partnership accounting experience highly
Contact:
Justin Carey
Contact Phone:
310-593-3485
Contact Email:
jcarey@matthenrygroup.com