Fund Accountant in Santa Monica, California

Location

Santa Monica, California

Job Type

Full-time

Company

Insight Global

Required Skills & Experience

• Bachelor’s degree

• 1-3 years of fund accounting experience

• Knowledge of the Firm’s accounting software, Sage 500, and Microsoft Office Suite

• Strong understanding of federal, state and local audit and tax regulations

Nice to Have Skills & Experience

• Investment management industry experience

• Thrives in an entrepreneurial, deadline-oriented environment, is highly collaborative, team oriented, self-motivated, and able to multitask

• Excellent oral and written communication skills with a demonstrated ability to lead a project

Job Description

A client of Insight Global's is seeking a Fund Accountant who will be responsible for assisting and facilitating the production of financial statements, tax returns and capital-based investor correspondence consistent with industry standards. The position reports to the client's Controller and Managing Partners.

Responsibilities:

• Support month-end and year-end reporting in compliance with GAAP through coordination and support to the Firm’s Fund Administrator

• Oversee Accounts Payable (“AP”) activities: process invoices, expense reports and check requests, manage AP aging, maintaining payable schedules, and resolving any discrepancies

• Manage vendor payments via ACH, checks, and wire transfers

• Reconcile vendor statements, research discrepancies, and maintain vendor files, including obtaining W-9s

• Prepare and obtain approval for capital calls & distributions notices for Funds and relevant SPEs

• Maintain and review schedules of Fund capital movements

• Coordinate and review tax and audit documents for SPEs and Funds, and related entities

• Process journal entries, review and post transactions, and reconcile general ledger accounts for the management companies

• Reconcile and allocate bank and credit card statements

• Update marketing data quarterly with Fund track record information

• Assist the Controller with requests related to Surprise Examination related to SMAs

• Prepare and file year-end 1099s consistent with IRS procedures