Job Description

AVP, Fund Accounting - Alternative Investments - Private Equity

PPB Capital Partners is one of the fastest growing firms in the alternative investment industry and we are currently seeking an experienced Fund Accounting   professional who will manage daily processes and procedures. The ideal candidate must have direct prior experience in private equity and fund accounting operations, specifically within alternative investment structures. This role is responsible for managing the accounting books and records of the firm and serves as intermediary between the funds, the investment advisors, and the fund administrator.

Responsibilities:

• Coordinate the third-party administrator’s preparation of accounting packages and related financial reports, for each of the firm’s funds.
• Support the firm’s accounting processes for all direct and underlying fund investments.
• Review calculations for investor capital calls and distributions, including subsequent closing interest calculations and capital call/distribution equalizations.
• Review management fees, incentive fees, GP fees, and expense calculations per the fund’s offering documents.
• Review initial and ongoing expense budgets for accuracy.
• Perform procedures to ensure all accounting aspects are in compliance with the fund’s offering documents, such as various fee calculations and investor income and expense allocations.
• Assist the third-party administrator and Fund Operations team with initial accounting setup for new fund launches.
• Meet client and investor reporting deliverables and deadlines.
• Manage client ad hoc accounting inquiries and requests.
• Work closely with the Fund Operations team to provide fund and investment information as needed.

Knowledge, Skills and Abilities:

• BA / BS in Accounting, Finance, Economics, Mathematics, and related work experience.
• Previous experience working in fund accounting, particularly within management of private equity funds.
• Prior experience working at a private equity firm, fund administrator, or public accounting firm with specific experience working on private funds and investments.
• Direct experience in reviewing Fund Accounting workpapers and financial statements for a variety of alternative investment funds.
• Strong knowledge of GAAP for investment companies and related reporting requirements.
• Exceptional ability to manage high-level, as well as day-to-day accounting procedures.
• Effective communicator – both verbal and written.
• Ability to multi-task, prioritize work, and manage time to maximize efficiency and to meet strict deadlines.
• Exceptional interpersonal and customer service skills with a follow-through approach.
• Ability to demonstrate consistent initiative, with a positive ‘can do’ attitude and fundamental ownership of assigned responsibilities.
• Collaborative, team-player with internal and external stakeholders; ability to understand and successfully adapt to the changing needs of the client.
• Impeccable attention to detail; ability to meet deliverables and consistently demonstrate the highest standard of quality and accuracy.

PPB Capital   Partners provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

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