First Recruiting, LLC
Base pay range
$100,000.00/yr - $115,000.00/yr
Responsibilities
Interpret fund agreements to determine impact on financial reporting and partner capital accounting requirements
Prepare journal entries for equity funds managed by the firm’s fund accounting software
Prepare hypothetical waterfall calculations to ensure the income allocated between the investors and general partner is accurate
Prepare fund level financial statements including balance sheet, schedule of investments, income statement, statement of changes in partners’ capital and cash flows
Prepare required footnotes to financial statements
Prepare management fee computations
Prepare capital calls and distributions, including fund waterfall calculation
Prepare projected fund level cash flows and fund performance reporting
Respond to limited partner inquiries and additional ad-hoc requests
Prepare required deliverables for year‑end financial statement audits
Requirements
At least three years of prior experience that demonstrates a progression of responsibility
Prior audit experience within the financial services group of a public accounting firm of recognized national standing and/or prior experience with private equity partnership accounting and allocations (including carried interest) is preferred
Bachelor’s or Master’s in Accounting or Finance; CPA or progress toward preferred
Seniority level Associate
Employment type Full‑time
Job function
Accounting / Auditing
Industries: Accounting, Venture Capital and Private Equity Principals, and Investment Management
Benefits
Medical insurance
Vision insurance
401(k)
Paid paternity leave
Paid maternity leave
Tuition assistance
Referrals increase your chances of interviewing at First Recruiting, LLC by 2x.
#J-18808-Ljbffr
Responsibilities
Interpret fund agreements to determine impact on financial reporting and partner capital accounting requirements
Prepare journal entries for equity funds managed by the firm’s fund accounting software
Prepare hypothetical waterfall calculations to ensure the income allocated between the investors and general partner is accurate
Prepare fund level financial statements including balance sheet, schedule of investments, income statement, statement of changes in partners’ capital and cash flows
Prepare required footnotes to financial statements
Prepare management fee computations
Prepare capital calls and distributions, including fund waterfall calculation
Prepare projected fund level cash flows and fund performance reporting
Respond to limited partner inquiries and additional ad-hoc requests
Prepare required deliverables for year‑end financial statement audits
Requirements
At least three years of prior experience that demonstrates a progression of responsibility
Prior audit experience within the financial services group of a public accounting firm of recognized national standing and/or prior experience with private equity partnership accounting and allocations (including carried interest) is preferred
Bachelor’s or Master’s in Accounting or Finance; CPA or progress toward preferred
Seniority level Associate
Employment type Full‑time
Job function
Accounting / Auditing
Industries: Accounting, Venture Capital and Private Equity Principals, and Investment Management
Benefits
Medical insurance
Vision insurance
401(k)
Paid paternity leave
Paid maternity leave
Tuition assistance
Referrals increase your chances of interviewing at First Recruiting, LLC by 2x.
#J-18808-Ljbffr