This is an opportunity with a highly regarded fund that invests in global media, entertainment, technology and sports industries.
This role is joining a tight-knit group that manages all aspects of fund operations and finance, including financial accounting for complex investment structures, valuations, investor communications, cash management, distribution (including waterfalls), performance reporting, fundraising deliverables, and other investor communications.
Responsibilities include:
- Operations: cash management, capital calls, deal funding, credit facilities, distributions (calculation and processing)
- Valuations: coordinate quarterly process with deal professionals and consult advisors, perform quality review of analysis and documentation, prepare presentations for valuation committee
- Prepare and review waterfall and distribution calculations
- Financial Reporting: Quarterly and annual financial reports, footnotes including FiHi and valuation disclosures
- Calculate investment and fund performance (Gross and Net IRR)
- Assist with preparing portfolio, and cash flow analysis
- Support workflow and coordinate various deliverables among accounting service providers
- Manage audit process and deliverables
- Review administrator’s accounting for investment structures, lower tier/subsidiary trial balances and capital allocations, tax blockers and AIVs, equity method accounting and consolidation
- Support tax efforts: review tax work papers/allocations and K-1 and tax returns, report to investors, assist filing process
- Manage related party payable/receivables, coordinate with management company team for fund expenses, and invoice processing
