About the department:
Lexington’s Treasury team manages the daily accounting and cash activity for all firm investment funds. The team consists of seven professionals based in New York who work collaboratively to ensure accurate reporting, timely cash movement, and strong financial controls. Joining this group offers the opportunity to develop deep expertise in fund operations while contributing to a highly coordinated, detail‑driven function.
How will you add value?Core Responsibilities:
You will update bank wire templates and perform callback procedures.
You will obtain daily bank reports to support cash management.
You will review capital calls and distributions and post them to the general ledger.
You will review and process reimbursements and invoices.
You will update and track daily cash flows.
You will reconcile special purpose vehicle (SPV) and fund cashflows to bank statements.
You will complete monthly accounting close for SPVs and funds.
Team & Collaboration:
You will perform bank and account reconciliations across all entities.
You will prepare recycling analyses and reconcile results to the Gross internal rate of return (IRR) report.
You will process investor wire instructions.
You will support year‑end financial audits and System and Organization Controls (SOC 1) audits.
You will provide backup coverage for the Research Assistant.
You will contribute to automation and process‑improvement initiatives.
You will train and collaborate with the offshore India team.
You will assist with special projects.
Experience, Education & Certifications:
Bachelor’s degree in Finance or Accounting
Two or more years of experience in Public Accounting or a related field
Experience in Private Equity is a plus
Technical Skills:
Proficiency in Microsoft Office
Strong analytical, problem‑solving, and troubleshooting capabilities
Soft Skills:
Clear written and verbal communication
Strong attention to detail and organization
Proactive approach and strong work ethic
Ability to manage competing deadlines
Collaborative, team‑focused mindset
Work Shift Timings - 2:00 PM - 11:00 PM IST
Skills Required
- Bachelor's degree in Finance or Accounting
- Two or more years of experience in Public Accounting or a related field
- Experience in Private Equity is a plus
Franklin Templeton Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Franklin Templeton and has not been reviewed or approved by Franklin Templeton.
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Retirement Support — Retirement programs, including a notably strong 401(k) match and access to an employee stock purchase option, are positioned as key strengths. These features are described as meaningful contributors to total compensation.
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Leave & Time Off Breadth — Flexible work arrangements, paid volunteer time, and a defined paid parental leave minimum support strong work–life balance. Time-off breadth is frequently highlighted as a bright spot in the overall package.
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Strong & Reliable Incentives — A bonus structure that pays out regularly and a pay-for-performance philosophy add meaningful upside to cash compensation. Incentives can be particularly impactful in certain functions and levels.
Franklin Templeton Insights
What We Do
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