Director Of Private Equity Or Hedge Accounting

Private Equity or Hedge Services Directors 120k to 150k

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Midtown Manhattan

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Department:???? Private Equity /Hedge Fund?Group

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Position:????????? Director of Accounting Administration

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Primary Responsibilities and Qualifications

The Director position will be responsible for a broad spectrum of financial and accounting matters affecting our private equity?and hedge clients.? Directors should have a strong background in partnership accounting with an emphasis on financial services, proven client management skills, and the ability to manage and lead a team in?accounting client deliverables.? The candidate should?real world hand on experience in?accounting?which includes: financial statement preparation, quarterly/year-end accounting closings, partner allocations,?audit?,ledger and client engagement experience?.?

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Specific Responsibilities

Overall responsibility for client relationships and client meetings

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Manage and monitor the timing and quality of client deliverables

Provide technical accounting/industry knowledge to our clients

Preparation of client service plans including annual budget

Establish plan for new client setup and transitions

Coordinate, manage and monitor external audit process

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Staff Management:

Provide overall work plan for accounting staff, which includes managing and monitoring work in progress

Review all work product prepared by accounting staff

Provide on-the-job coaching and training as necessary to the accounting team

Coach and mentor staff and create a positive work environment

Assist in staff training and development programs

Assist in the accounting staff recruiting process

Review/ Implementation:

Review private equity fund client?s partnership agreements, PPM?s and other materials

Implementation of fund structures on accounting system

Preparation and implementation of distribution/waterfall models

Review of limited partner and general partner allocations

Review client financial statements, partner capital statements and other required financial reporting.

Qualifications

College degree in Accounting or related field

7 ? 10 years experience in Accounting

CPA designation a plus

Knowledge of partnership accounting

Knowledge of US Generally Accepted Accounting Principles and other comprehensive basis of accounting

Supervisory skills with two or more professional staff

Hands-on management style with strong leadership skills

Project management skills with the ability to multi-task

Excellent interpersonal and communication skills

Advanced Excel skills

Team player

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