We are looking for a private equity, fund-of-funds experienced accounting professional to work in our Fund Accounting Team in our Bad Homburg office. This Fund Accounting Professional will be responsible for providing accounting information – including preparation, processing, and reviewing of transactions and financial reports – to the internal and external teams, clients, and investors.
YOUR RESPONSIBILITIES:
Manage numerous portfolios and perform all fund administration duties during the lifecycle (Formation, Investment period, Harvest, Liquidation) of private equity funds with varying investment strategies (i.e., Primary, Secondaries, and Co-investments):
Record the journal entries for management fees, investments, accruals, other ex-pense/income, valuation adjustments and bank reconciliations
Prepare accounting work papers and financial statements, including footnotes and supporting schedules, from beginning to end
Confirm that all cash transactions have been completed (i.e., payment of capital calls, receipt of investment proceeds)
Calculate and review capital transactions, management fees, and accruals
Determine proper allocation of portfolio and income transactions
Reach out to underlying investment for additional breakdown of investments’ proceeds
Work with deal teams to understand deal structures and assist with execution activities relating to acquisition and disposition transaction
Assist in the year-end audit process in collaboration with auditors and the administrator
Perform and monitor a risk analysis on daily cash projections for all clients to mitigate liquidity concerns.
Utilize advanced formulas to process improve all journal entries and account reconciliations
Effectively communicate with internal and external stakeholders daily to resolve all queries in a timely manner.
Develop cost projections based on past financial data and forecasted expenditures to reduce going over fiscal year budget.
Special projects as needed
YOUR QUALIFICATIONS:
OUR OFFER:
If you are interested in working in a growing, dynamic and well established team operating as part of a global organization, we would like to hear from you. Please forward your application, preferably by e-mail, to the following address, stating the earliest date that you could start:
HQ Capital
Human Resources
Jobs@hqcapital.com
Jobs@hqcapital.com
Please state in the header of your email the position you are applying for. Please note: Applicants must be fluent in English as a minimum requirement, and must also be fluent in German if located in Germany. In addition, all applicants must be able to work from one of our offices located in Bad Homburg, New York, Miami, Singapore or Hong Kong.