Private Equity Fund Senior Accountant

About Spectrum Private Equity Services

Spectrum Private Equity Services (“Spectrum”) is a third-party administrator offering full-service fund administration to the private equity industry. Spectrum’s mission is to deliver a premium service model, based on direct access to senior management, robust quality controls, and innovative cloud-based technology. The Company’s founders and senior employees have significant industry-specific experience and knowledge of a broad range of private equity fund types and structures.

Job Overview

Spectrum is seeking a Private Equity Fund Senior Accountant to join our team in Burlington, MA. Private Equity Fund Senior Accountants work within a team and are responsible for day-to-day accounting and related administration of client-sponsored investment funds. This is an exciting opportunity to interact with all levels of Spectrum personnel and outside professionals, therefore, strong people skills as well as strong written and verbal communication skills are required. Candidates must have strong computer skills, particularly MS Office products and most importantly MS Excel. Candidates must demonstrate initiative, perform well under pressure, manage multiple projects simultaneously and be client service oriented.
A Private Equity Fund Senior Accountant handles the day-to-day accounting and accounting related administration for client sponsored investment funds. Specific responsibilities include:

Job Responsibilities for Private Equity Fund Senior Accountants

Assist with the management of client relationships, respond to requests for information from both client personnel and fund investors

Supervise staff accountants

Review general journal entries including periodic investment income and expense accruals

Review accounts payable and cash disbursements processing

Maintain general ledger, including preparation and update of financial statements and other accounting reports

Review bank, custody, and other account reconciliations

Assist with the preparation and review of quarterly and annual financial work paper packages

First level review of quarterly and annual financial statements

Prepare and/or review periodic fund calculations including capital calls, management fees, and investor income allocations and distributions

Review documentation and information provided to auditors

First level review of annual tax work paper packages

Review and/or prepare various communications to clients and investment fund investors

Perform other duties as required

Qualifications for Private Equity Fund Senior Accountants

Bachelor’s degree in accounting, finance, or related field; advanced degree and/or CPA are a plus

Minimum of three years of investment fund accounting experience inclusive of private equity

Strong computer skills, particularly with MS Office products and most importantly MS Excel

Exceptional people skills

Strong written and verbal communication skills

Demonstrated client service orientation

Strong project management skills with keen attention to detail and a proven ability to multi-task

Demonstrated ability to perform well under pressure, be adaptable, and take initiative

Supervisory experience preferred

To apply, please submit resume and cover letter including salary requirements.

Job Category: Accounting
Job Type: Contract

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