Hedge Fund / Private Equity - Accounting Manager Job at Rockwood Search, New York, NY

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  • Rockwood Search
  • New York, NY

Job Description

Hedge Fund / Private Equity - Accounting Manager Well established Investment firm seeks an Accounting Manager for a newly created portfolio of Private Market investments. This role will provide detailed oversight across all of their private funds, which cover the PE, VC and HF worlds in complicated structures and portfolios. Responsibilities include: Lead the accounting, and operational oversight for digital asset investment products, including registered entities, offshore structures, and private partnership funds. Manage cash flow, vendor expenses, budgets, and financial projections across multiple fund entities. Calculate and review monthly performance-based incentive fees, general partner (GP) carry, and waterfall distributions. Coordinate audit processes, serving as the primary contact for auditors; resolve audit inquiries/ issues and ensure timely completion. Oversight of monthly NAV packages, investor allocations, and financial statements, ensuring accuracy and compliance with fund terms. Oversee capital call and distribution processes for limited partners. Manage regulatory filings and compliance requirements for a portfolio of private funds. Support valuation processes for illiquid and other complex assets. Maintain procedures around partner capital account maintenance, NAV calculations, expense accruals, expense caps, and side pocket allocations. Qualifications: Demonstrated supervisory experience, including overseeing daily operations, assigning tasks, monitoring team performance, and supporting employee development 8+ years’ relevant industry experience with significant experience with investment partnership products Strong private fund accounting and operational experience. Working knowledge of various waterfall models/ incentive fees calculations Working knowledge of master/feeder funds, private equity/ VC funds, accounting and operations with custodians/administrators Comfortable working with new product ideas and developing corresponding processes and procedures Strong experience with various types of private fund structures Strong understanding of GAAP standards, illiquid investment valuations Some Digital Asset experience is highly preferred We are an equal opportunities employer and welcome applications from all qualified candidates. #J-18808-Ljbffr Rockwood Search

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