Position Details:   

Client: Banking   

Job Title: Senior Fund Accounting Analyst 

Location: Jersey City NJ 07310 Hybrid   

Duration: 06 Months + Possible extension   

Schedule: Shift hours: Basic Business Hours     

Start Date: ASAP 

Pay Range: $45/hr - $ 47/hr

Business description: 

• The industry-leading alternative investments platform within bank Wealth Management has over $20 billion in AUM.  

• The group identifies best-in-class underlying private equity, real estate, and hedge fund investment management firms and products.  
• Client capital is invested either directly into the underlying fund products or via bank managed feeder and co-investment vehicles. 

Job description: 

• The Senior Fund Accounting Analyst oversees the financial reporting of the bank feeder funds in a timely, accurate and efficient manner. 

Responsibilities: 

• Work with third party fund administrators, auditors. 

• Review and sign off on capital calls/distributions, monthly/quarterly NAV packages, accrual/fee calculations, and annual financial statements, which are prepared by the fund administrators and audited by big 4 audit firms. 

• Research and resolve fund accounting, financial, and other issues that may arise. 

• Liaise with business partners including product management and client service groups and provide performance reports and answer questions as they arise. 

• Analyze fund organization documents; understand revenue implications for bank Investment 

• Manage cash across portfolios; prepare cash forecasting and budgeting reports. 
• The individual will help to ensure financial reporting and Year End 2024 audits for all Feeder Funds on the platform are done in a timely, accurate and efficient manner. 

Qualifications: 

• 4+ years of fund accounting or public accounting with a focus on Alternative investments (Private Equity or Hedge Funds). Experience with a big 4 audit firm, auditing Private Equity and Hedge Fund vehicles is a plus. 

• CPA or Chartered Accountant certification a plus 

• Strong quantitative and analytical 

• Ability to handle multiple tasks effectively and work within tight deadlines. 

• Strong team player and detail-oriented 

• Strong interpersonal, communication (written and spoken) and organizational 

• Experience with Investran is a plus 

• Working knowledge of Excel 

• Confident with strong leadership 

• Creative thinker 
• Self-starter, possessing willingness to learn 

Required Education: 

• Bachelor's/University degree preferably in Accounting or equivalent field.