Fund Accountant

SUMMARY

We are seeking a highly motivated and detail-oriented Fund Accountant to join our multi asset class fund accounting team. This individual will be responsible for the accounting and operational oversight of a diverse portfolio of hedge funds, private equity and private credit funds, and related investment vehicles.

As an onsite/hybrid employee, you are expected to be in the office on Tuesdays, Wednesdays and Thursdays.

RESPONSIBILITIES          

• Perform day-to-day accounting and reconciliations for multi-asset class and/or private credit portfolios
• Process investment activities across various asset classes including public and private equities, public and private debt, swaps, options, and forwards
• Review monthly and/or quarterly valuations for Level I, II, and III securities
• Complete internal and external reporting for assigned funds, including investment performance analysis, exposure reporting, marketing materials, and GCM corporate deliverables
• Oversee third-party administrators’ work, including issuing capital activity notices, calculating management and performance fees, finalizing net asset values, and distributing capital statements
• Coordinate with service providers to complete compliance filings and issue financial statements
• Act as primary point of contact between GCM and investment sponsors
• Collaborate effectively with internal teams including legal, tax, treasury, client services and investments
• Manage and provide guidance to outsourced operations providers
• Respond to ad-hoc requests from internal and external stakeholders
• Lead special projects and process improvement initiatives, as requested

EDUCATION, SKILLS AND EXPERIENCE REQUIREMENTS

• BA/BS in Accounting/Finance with outstanding academic credentials; applicable coursework or internship in the field of investments or financial markets
• 2-5 years of experience working for a financial services firm or top-tier accounting firm
• CPA preferred
• Accounting experience with private equity, private credit, hedge funds, or similar alternative products is preferred
• Experience with general ledger and/or portfolio software, such as Advent Geneva preferred
• Technical proficiency in Microsoft Excel and Power BI
• Demonstrated team player, self-starter and independent thinker with excellent judgment
• Ability to manage multiple tasks while working in a fast-paced environment with a high level of flexibility, accuracy, and attention to detail
• Knowledge of partnership accounting, as well as exposure to financial reporting, auditing and tax