Job Opportunity

Sr. Fund Accountant

StepStone | La Jolla, CA

Job Summary

Support the day-to-day accounting and financial statements of the Company’s fund partnership vehicles. Four-year college degree with a major in Accounting. 2+ years of private equity partnership accounting experience.

Details

Position Overview:

StepStone is currently seeking a Senior Fund Accountant to join the Fund Accounting team. The Senior Fund Accountant will support the day-to-day accounting and financial statements of the Company’s fund partnership vehicles focused. The Senior Fund Accountant will work closely with the Company’s Managing Director, Fund Accounting and Monitoring and Reporting teams.

Essential Functions:

This position requires a hands-on detail oriented professional who will:

Prepare and review calculations of investor capital call and distribution notices
Track daily cash activity, including setting up wire payments and daily cash projections
Calculate management and performance fees
Assist in the preparation quarterly unaudited and annual audited financial statements in accordance with GAAP
Assist in the preparation of quarterly performance reporting
Prepare workpapers and supporting documentation for the annual financial statement audit
Compute and review partner allocations and produce capital account statements
Support the investment team in the closing of transactions, including responding to information requests, review of allocations, review of reporting requirements and other support and analysis as needed
Support various fund administrators and coordinate delivery of required reporting, etc.
Understand partnership agreements and interpret reporting requirements and partner economics
Calculate distribution waterfalls and carried interest
Respond to investor requests in a professional and timely manner
Perform other duties as requested or as responsibilities dictate

Education and Experience Requirements:

CPA preferred
Must possess a four-year college degree with a major in Accounting
Two to four years of private equity partnership accounting experience
Strong Microsoft Excel experience

Knowledge, Skills, and Ability Requirements:

Ability to multi-task and manage priorities against key deadlines
Previous experience with Real Estate accounting, Investment Company Accounting and ASC 820 (FAS 157)
Must be able to work independently, but contribute in a team-oriented environment
Strong verbal and written communication skills

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• Min Education: BA/BS
• Min Experience: 2 years