Offer summary

Qualifications:

2 to 3 years of fund accounting or operations experience, preferably in a financial institution., Knowledge of private equity, fund accounting, and investment structures is essential., Strong written and communication skills, along with quantitative and analytical abilities, are required., A solid academic record is preferred, and a CPA is a plus..

Key responsabilities:

Assist with middle and back office operations for private market funds.

Record transactions and update the portfolio system with performance estimates.

Liaise with investment managers and third-party administrators to track cash flows.

Review transaction documentation and financial statements for accuracy and completeness.

Job description

Position Overview

Aksia is seeking an early career professional to join our Client Operations team. The Client Operations team provides comprehensive operations and accounting solutions for our clients.

This position can be based fully remotely or out of one of Aksia's US offices and will include regular interaction with global colleagues and clients.

Responsibilities

Assisting with middle and back office operations and account services on private market funds
Recording transactions to company’s investment management system
Updating Aksia’s portfolio system and performance estimates and final values
Liaising with investment managers, third party administrators and prime brokers, etc.
Tracking cash flows – Capital calls, distributions, return of capital, etc.
Reviewing all transaction documentation and supporting files, and understand the features of the investment transactions, accruals, etc.
Reviewing monthly closing packages for accuracy and completeness, including capital activity, investment activity, income and expense accruals, valuation adjustments, etc.
Reviewing management fee calculations, including offset amounts, management fee waiver contributions, etc.
Reviewing investor allocations and capital account statements
Reviewing capital call and distribution calculations, sources/uses of cash, allocations, and investor notices
Preparing and/or reviewing financial statements, notes disclosures, and supporting schedules
Working on the year-end audit process, in collaboration with the client and auditors and service providers
Where applicable, supporting the tax team (external) with information to prepare tax compliance/reports
Supporting corporate goals and business/departmental initiatives

Qualifications

2 to 3 years of fund accounting/operations experience, ideally at a fund administrator, investment manager, public accounting firm or other financial institution
Knowledge of private equity, private credit, fund accounting, legal structures, investment objectives, fee structures.
CPA preferred but not required
Solid academic record
Strong written and communication skills
Quantitative and analytical skills; proficient excel skills
Positive attitude
Team player
Strong work ethic
Independent and critical thinking skills