Senior Fund Accountant

Manhattan West Enterprise Company (“Manhattan West”) is seeking a Senior Fund Accountant to join our Alternatives Accounting and Finance team. This is an excellent opportunity to join a modern and fast-growing investment firm that provides proprietary alternative investments across multiple asset classes, and traditional equity and fixed income portfolios, as well as financial services including wealth management.

The Senior Fund Accountant will be a key member of our team and will be primarily responsible for managing fund accounting operations. The Senior Fund Accountant will prepare, review, and analyze monthly, quarterly, and annual financial statements with supporting documentation under US GAAP, perform cash reconciliation and management for the funds, and liaise with various external and internal parties to meet specific investor needs.

About this Position:

• Located at Manhattan West’s office in Century City, Los Angeles, CA
• Full-time exempt position with 3 days in the office and 2 remote
• Reports to the Accounting Manager

Supervisory Duties:

• This position does not have any supervisory duties

Responsibilities:

• Perform cash reconciliation and management for the funds, monitor and reconcile accounts, and correct discrepancies
• Enter journal entries and maintain the books and records of the fund or special purpose vehicles
• Prepare, review, and analyze monthly, quarterly, and annual financial statements with supporting documentation under US GAAP
• Prepare and calculate drawdowns, preferred return accruals, equalizations, performance allocations and distributions, as well as fund investor capital statements and IRR calculations
• Calculate monthly net asset values (NAVs) and analyze fund performance, including portfolio returns
• Prepare and calculate investor allocation schedules, including NAV by investor
• Prepare periodic, year-end, quarterly, and regulatory reports, manage audits and review other fund-related reports
• Liaise with various external and internal parties (e.g., fund managers, third-party fund administrators, external auditors) in the day-to-day accounting of the fund and other custom reporting and projects for specific investor needs
• Ensure compliance with internal controls and regulatory requirements

Skills:

• Strong knowledge of US GAAP and fund accounting principles
• Proficiency in accounting software (e.g., QuickBooks, Sage Intacct) and Microsoft Office Suite, particularly Excel
• Excellent analytical and problem-solving skills
• Strong attention to detail and organizational skills
• Effective communication and interpersonal skills

Requirements:

• Bachelor's degree in Accounting, Finance, or a related field
• Minimum of 3-5 years of experience in fund accounting, preferably in private equity or alternative asset classes
• Strong understanding of financial statements and accounting processes
• Ability to work independently and as part of a team
• Must be legally authorized to work in the United States
• Successful completion of background check and pre-employment assessments
• Ability to complete the essential functions of the job with or without reasonable accommodation

Preferences:

• CPA or equivalent certification preferred
• Prior experience in a client-facing role

Compensation:

• Salary range $90,000 - $110,000 based on qualifications and experience
• Discretionary bonus

Featured Benefits:

• Medical, vision and dental insurance
• 401(k) profit sharing plan
• Stock market holidays Paid time off (PTO)
• Other fringe benefits as are made available to other similarly situated employees

Manhattan West is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws. Manhattan West is committed to hiring practices that are free from unlawful discrimination. Manhattan West strictly prohibits and does not tolerate unlawful discrimination against employees, applicants, or any other covered persons, including interns, by co-workers, supervisors, managers, or third parties on the basis of a person's race, color, age (40 or older), religious creed, religious belief, observance, and practice, dress or grooming practices, national origin, ancestry, physical disability, mental disability, medical condition including any cancer-related physical or mental health impairment from a diagnosis, record, or history of cancer, a genetic characteristic genetic information including information about an individual's genetic tests, family members' genetic tests, family members' diseases or disorders, an individual's or family member's receipt of, or request for, genetic services, participation by an individual or their family member in clinical research that includes genetic services, marital status, sex, pregnancy, childbirth, breast feeding, medical conditions related to pregnancy, childbirth, or breast feeding, gender, gender expression, meaning a person's gender-related appearance or behavior, the perception of such appearance or behavior, whether or not stereotypically associated with the person's sex at birth, gender identity, meaning a person's internal understanding of their gender, or the perception of a person's gender identity, which may include male, female, a combination of male and female, neither male or female, a gender different from the person's sex assigned at birth, or transgender, sexual orientation including heterosexuality, homosexuality, bisexuality, military or veteran status, including past, current, or prospective service in the uniformed services, or any other characteristic protected under applicable federal, state, or local law.

Salary : $90,000 - $110,000