Fund Administration Specialist
4 days ago
We are seeking a highly skilled Fund Administration Specialist to support our Private Equity clients. In this role, you will be responsible for the day-to-day administration and financial reporting service requirements.
Key Responsibilities:- Review and load financial data from Real Estate or Private Equity clients into our internal accounting systems
- Assist with setting up, preparing, and reviewing consolidations through the investment structure using various consolidation rules
- Process payment of fund expenses in applicable banking systems
- Book journal entries related to cash payments and accruals
- Prepare third-party reconciliations of investments and cash
- Prepare capital call and distribution calculations and notices
- Prepare fee schedules, including calculation of management fees and carried interest, ensuring all calculations observe applicable fund documents
- Prepare investor allocations for each NAV cycle, ensuring capital transactions are booked correctly and P&L is allocated correctly
- Prepare NAV packages and other ad-hoc deliverables as defined in the service level agreements
You will collaborate with clients, banks, auditors, and other third parties to ensure smooth delivery to clients and completion of deliverables.
Requirements:- At least 2 years' experience working in the fund administration industry or audit
- Private Equity or Private Debt experience is preferred but not essential
- Experience working with Investran is value-added
This is an excellent opportunity to work with a leading asset servicing provider, leveraging your expertise to deliver high-quality services to our clients. Our team offers a collaborative and dynamic work environment, with opportunities for professional growth and development.
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