Private Equity Financial Reporting Assist. Mgr - Boston/ REMOTE

Boston Permanent USD90,000 - USD110,000 per year
  • REMOTE WORKING available, or office in Boston, MA
  • Financial Reporting for Private Equity Clients/ Third Party Fund Admin

About Our Client

The Private Equity Accounting group within my client is over 600 people strong. They are the number 1 private equity third party administrator globally. This particular Financial Reporting division covers the asset class of Private Equity and they are based in Downtown Boston. The role will manage a small team, but will be charged with the mandate of growing out the team in the years to come. The role can be 100% remote.

Job Description

Reporting directly into the Director of Private Equity Accounting, the main duties and responsibilities of the Assistant Manager of Private Equity Accounting will be to grow, develop and manage a team, responsible for the following:

  • Calculate capital calls and distributions
  • Allocate income to partners in accordance with terms of partnership agreements
  • Prepare and issue quarterly financial statements, in accordance with US GAAP for each entity
  • Maintain and update investment data (number of shares, location of securities, country of origin)
  • Maintain all financial data in the investment database
  • Post all journal entries and prepare monthly trial balance reports
  • Reconcile all cash received from investors and investments
  • Reconcile bank accounts
  • Interact with clients and provide information as needed.

This role is a senior level management position within a well-established and highly reputable market leader. The role has the backing of the board to take the Boston team to the next level. Unlike other large third party asset administrators in Boston, they are a hands on, broad, non-repetitive third party administrator, where you will gain full exposure to the Private Equity funds and clients. This opportunity is a phenomenal chance to be involved at such an exciting stage in their growth.

This role can be based in Boston, remotely, or hybrid. Apply today for consideration within 24 hour of resume submission.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

The Successful Applicant

In return for a competitive compensation package, the successful candidate will possess the following:

  • Bachelor Degree in Business, Finance, Accounting or related field
  • 4+ years in Private Equity accounting and financial reporting, or Public Accounting

What's on Offer

  • Base salary of between $ 100,000 and $ 110,000
  • Additional performance related bonus scheme
  • Annual equity award (performance related)
  • Clear route to team management (at "Manager" level, and onward)
  • Generous benefits package (health, dental, vision etc.)
  • Competitive 401K contributions
  • Work from home, or Boston, available.
Tom Smith
Quote job ref

Job summary

Banking & Financial Services
Sub Sector
Accountancy & Finance
Financial Services
Contract Type
Consultant name
Tom Smith
Job Reference