Manager

Posted 2 Days Ago
Be an Early Applicant
7 Locations
In-Office
100K-125K Annually
Senior level
Financial Services
The Role
Manages fund accounting operations, including financial statements, capital calls, distributions, waterfalls, regulatory filings, management fees, audits, and investment reviews. Communicates with General and Limited Partners, supports auditors, and leads team training, coaching, performance management, and daily operations. Requires accounting expertise, supervisory experience, strong organizational skills, and knowledge of partnership accounting systems.
Summary Generated by Built In

Responsibilities

  • Oversee the preparation and distribution of quarterly financial statements to the Limited Partners to report information regarding the performance of the Fund
  • Oversee the preparation of schedules to support the general ledger balances reported in the financial statements
  • Calculate, prepare, and distribute capital call notices to the Limited Partners to notify them when contributions are due
  • Understand and interpret terms set forth within the Limited Partnership Agreement
  • Calculate and review complex waterfall structures
  • Complete required regulatory forms to ensure the Fund complies with specific regulation requirements
  • Calculate and distribute proceeds to Limited Partners to return capital owed to them
  • Communicate directly with the General Partners and respond promptly to their requests to provide them with the information they require
  • Review investment packages to confirm the securities purchased are wired to the correct beneficiary and are for the appropriate amounts
  • Calculate management fees owed to the Management Company for the investment and portfolio management services they provide to the Fund
  • Interact with auditors and provide them with reports/support to assist them during the audit
  • Complete audit confirmations to satisfy procedures performed for the audits of the Limited Partners
  • Ability to multi-task between different tasks, client deliverables and internal demands throughout the day
  • Provide supervision, guidance and coaching to the team, including regular training support as needed
  • Conduct ongoing team trainings while providing input as to the continued training opportunities at a global-company level
  • Provide daily leadership across the team and the organization
  • Additional duties as assigned by Senior Management

 

Requirements

  • 5 – 7+ years’ supervisory experience in the following: performance management (including coaching, progressive discipline, performance review delivery etc.), training, talent acquisition and retention;5 – 7+ years’ (relevant) experience in Accounting or related field;
  • Minimum of a Bachelor’s Degree in Accounting or related field
  • Advanced degree (MBA or MSA) in Accounting or related field strongly preferred
  • Certified Public Accountant (CPA) license is strongly preferred
  • Experience in forecasting and budgeting during an accelerated growth period
  • Proficient in Microsoft Office Suite with knowledge of Investran or other partnership accounting software a plus
  • Ability to multitask, time management, attention to detail, planning and problem-solving skills required
  • Ability to communicate and interact professionally and effectively through written and oral communication with current and potential clients an
  • Ability to work in a fast-paced environment and handle/manage multiple team and individual priorities and deadlines

Ultimus Leverpoint is an equal opportunity employer and does not discriminate on the basis of the applicant’s or employee’s race, color, religion, national origin, ancestry, gender, sexual orientation, age, disability, veteran or military status, genetic information, citizenship or any other status entitled to protection under federal, state or local anti-discrimination laws. No questions on our employment application are intended to secure information that is to be used for impermissible purposes.

Skills Required

  • 5–7+ years of supervisory experience, including performance management, coaching, discipline, performance reviews, training, talent acquisition, and retention
  • 5–7+ years of relevant experience in accounting or a related field
  • Bachelor’s degree in Accounting or a related field
  • Advanced degree such as an MBA or MSA in Accounting or a related field
  • Certified Public Accountant (CPA) license
  • Experience with forecasting and budgeting during an accelerated growth period
  • Proficiency in Microsoft Office Suite
  • Knowledge of Investran or other partnership accounting software
  • Multitasking, time management, attention to detail, planning, and problem-solving skills
  • Professional and effective written and oral communication skills
  • Ability to manage multiple team and individual priorities and deadlines in a fast-paced environment
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The Company
HQ: Cincinnati, OH
401 Employees

What We Do

$400+B AUA | 450+ Clients | 1,600+ Investment Funds or Accounts | 825+ Employees | 11 Offices Ultimus Fund Solutions is a leading provider of full-service fund administration, accounting, and investor solutions to support the launching and servicing of registered funds, private funds, and public plans. We also offers customized structures designed for the unique needs of pensions, endowments, foundations, and other large institutions. Ultimus provides services for: • REGISTERED FUNDS: Open and closed-end mutual funds, ETFs, Comingled Vehicles, Series and Stand-alone Trusts • PRIVATE FUNDS: Hedge Funds, Private Equity Funds, Real Estate Funds, Venture Capital Funds, Endowments & Foundations • PUBLIC PLANS: State sponsored 529 Plans, and Local Government Investment Pools Our suite of fund services includes fund/legal administration, fund accounting, transfer agency & shareholder services, fund compliance / CCO, distribution, portfolio accounting, investor servicing, treasury services, and audit & tax management. Ultimus’ deep commitment to excellence is achieved through investments in best-in-class technology, compliance programs, organization-wide cyber security efforts, and hiring seasoned professionals who have a deep understanding of our clients’ needs, and can serve as their trusted business partner. For more information, visit www.ultimusfundsolutions.com. 8047 UFS 7/24/2019

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