Fund Accounting Analyst
Wilshire is dedicated to helping investors improve their financial outcomes through customized portfolio solutions. They are seeking a Fund Accounting Analyst to join their Alternatives Operations team, where the role involves maintaining fund cash balances, preparing financial statements, and assisting with investor relations.
Responsibilities
- Maintain fund cash balances and monitor daily cash activity ensuring differences/issues are identified and resolved in a timely manner
- Perform daily cash analysis (i.e. prepare cash position and forecast reports)
- Assist in preparation of financial statement
- Review the underlying investment holdings including cost, fair market value, capital calls, distributions, unrealized gains/losses for completeness and accuracy
- Perform monthly bank reconciliations
- Follow through capital calls and distributions from underlying investments in a timely manner
- Responsible for posting activity to the general ledger, coordinating payment of expenses and maintaining supporting documentation
- Ensure that appropriate accounting treatment for all transactions is applied
- Respond to and resolve investor and investment queries in relation to administrative issues
- Assist Investor Relations in the maintenance of accurate contact information for all investors and investments
- Assist with other fund administration, such as data entry, scanning, and filing documents
- Assist in the quarterly client reporting process and mailings
- Assist with year-end audit
- Prepare ad hoc reports and analysis as needed
Skills
- BA/BS in accounting or related major
- 0-2 years of relevant experience in investment operations/ private equity
- Excellent writing skills and strong verbal communication desired
- Excellent quantitative/analytical ability and Excel skills desired
- Exceptional attention to detail and excellent organizational skills
- Candidate must be collaborative, a reliable team player, self-motivated, and possess strong integrity and professionalism
- Candidate must be open-minded with a high willingness to learn
- Fund accounting background preferred
- CPA license (active or inactive) or CPA candidate preferred
- Public accounting background including Big-4 exposure preferred
Benefits
- Generous PTO
- 401(k) match
- Affordable & comprehensive medical/dental/vision insurance
- CFA and other professional membership reimbursement
- And more
Company Overview