Fund Accountant (Part-time)

Who We Are

424 Capital is a capital partner that makes control equity investments in lower middle market companies in tech-enabled services primarily within the Healthcare and Renewable Energy industries.

We invest in, empower, and enable companies to step up, stand out, and make a difference in the world.

Success for us requires portfolio companies to achieve results on a level of scale that even they didn’t imagine was possible. We help tailor a unique strategy for each portfolio company that involves accelerated revenue velocity, product and service line extensions, and a scale that creates a market leader. At 424 Capital, we believe in aligning our personal values with our investments. At the core of our ethos is the mission of using our resources to build companies that are making a positive difference in the world.

We are investing in, and personally invested in, the success of our companies and our Limited Partners.

The Opportunity

We are seeking a part-time Fund Accountant whose primary responsibility will be to support the Director of Finance and Operations and serve as the record keeper of 424’s funds.

Responsibilities

• Assist the Director of Finance and Operations/Chief Compliance Officer with the following:
• Monthly bank reconciliations
• Quarterly closing of Private Equity Fund books
• Coordination of tax return preparation with 424’s tax advisor
• Assistance with quarterly and annual compliance reviews
• Assist with the annual audit process for the Funds and prepare schedules required by the Fund’s auditors
• Assist with SEC audit requests as needed
• Assist with the management of third-party fund administrator
• Assist with ad-hoc internal and external reporting requests
• Assist with capital allocations and capital call and distribution calculations
• Create distribution templates for the firm’s entities
• Assist with the review of distribution templates issued by third-party fund administrator
• Disseminate quarterly packages and audited statements to investors

To be considered for the role, the following qualifications are required:

• 2-4 years of relevant experience in the field
• A Bachelor's degree in accounting
• Proficiency in Microsoft Office, particularly Excel, with an ability to effectively utilize spreadsheet functions and formulas
• The ability to multitask and manage time effectively to meet multiple reporting deadlines
• Demonstrated ability to work both independently and collaboratively in a team environment
• A keen attention to detail, ensuring accuracy and precision in financial analysis and reporting
• Strong interpersonal skills, including transparency, trustworthiness, confidence, and competence
• The ability to maintain confidentiality when dealing with sensitive financial information
• Excellent communication skills, both verbally and in writing, with the ability to effectively communicate complex financial concepts to both internal and external stakeholders
• A self-motivated and driven mindset, coupled with high energy and a natural curiosity to drive continuous improvement

Why Work for Us?

We are personally invested in creating positive change and making a difference in the world through our portfolio and commitment to our Limited Partners. We are big thinkers and changemakers and believe that the right partnerships will lead to limitless possibilities. Join us and be a part of a team that’s creating the shift the world seeks, every day. Let’s grow together.

424 Capital is located in Wakefield, MA. Reliable transportation is required to commute to our office. This is a hybrid position.

Please email your resume and brief cover letter to Carol Li at cli@424capital.com For more information on 424 Capital, please visit www.424capital.com

424 Capital is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive working environment. We do not discriminate based on race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.

Job Type: Part-time

Experience level:

• 2 years
• 3 years

Physical setting:

• Office

Schedule:

• Monday to Friday

Ability to Relocate:

• Wakefield, MA 01880: Relocate before starting work (Required)

Work Location: Hybrid remote in Wakefield, MA 01880