Senior GP Accountant (Private Equity) - Daley and Associates

Senior GP Accountant - Boston, MA - Private Equity

A leading global buyout private equity firm is looking to hire a Senior Accountant to join the growing GP reporting team. This position reports to the GP Services Manager and includes opportunities for development and advancement. The role will assist with the day to day needs of the GP Services group as they relate to the administration of carried interest and maintaining the books and capital accounts of the General Partner and carried interest entities.

Primary Responsibilities:

• Perform the calculation of carried interest income and distribution allocations to carryholders

• Compilation and distribution of quarterly and annual reports to carried interest holders and senior management

• Quarterly preparation of carried interest awards documents and distribution of awards through DocuSign

• Preparation and filing of certain Foreign and U.S. election forms relating to carried interest awards

• Cash management responsibilities include being a backup for the following activities: recording cash activity in the general ledger weekly and reconcile cash at month end investment of any excess cash

• Reimbursement of expenses back to the management company

• Bank account maintenance, including opening and closing of accounts and KYC requests

• Maintenance of carry holder wire instructions for distributions

• Preparation of support for responding to requests from carry holders, including running reports, preparing ad hoc reports and compiling information for our non-U.S. employees to assist them with their tax filings

• Delivery of U.S. Schedule K-1s to carry holders and co-investors

• Assist with the preparation of presentation materials to senior management

• Maintain carried interest and General Partner entity information in Investran and Partners Capital (an internally developed database)

• Maintain investor information (contact information, tax jurisdiction, department, level, hire/termination date, etc.) in Investran

• Maintain investor capital account activity in Investran and Partners Capital. Reconcile balances across systems monthly

• Various ad-hoc projects including onboarding of employees to the co-invest loan program with outside banks, preparation of the quarterly compliance of the co-invest loan program, GP Services’ team process documentation and testing software developments to the Partners Capital

Qualifications:

• Bachelor's degree with a major in Accounting or Finance; CPA preferred

• Two plus years of professional accounting and/or tax experience. Big Four experience preferred.

• Prior private equity/venture capital industry a plus

• Knowledge of GAAP accounting principles and financial reporting concepts

• Proficient in using Excel, Word, and other Microsoft Office programs. Experience with Investran a plus

• Exposure to (Asana, Tableau, DocuSign)
   

This role is a full time hybrid opportunity (3 days in two at home) that will offer up to 95K on a base salary, 20% bonus, and great benefits. If you are interested in this opportunity, please reach out to Vincenzo Kulturides directly at vkulturides@daleyaa.com


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