Vice President - PERE Accounting

Job Description

Job Description

Salary:

Waystone leads the way in specialist services for the asset management industry.

Partnering with institutional investors, investment funds and asset managers, Waystone builds, supports and protects investment structures and strategies worldwide.

With over 20 years experience and a comprehensive range of specialist services to its name, Waystone is now serving assets under management in excess of $2Tn. Waystone provides its clients with the guidance and tools to allow them to focus on managing their investment goals with confidence.

Summary: Reporting to the Executive Director, the Vice President PERE Accounting will be an integral part of the teams success.

ESSENTIAL DUTIES AND RESPONSIBILITIES

The Vice President will be responsible for the day-to-day administration of Private Equity Funds, delivery to clients, and assisting members of the team.

Manage a team of PERE accountants including training and professional development

Review and understand Fund documents to ensure proper application of accounting and reporting obligations

Review and calculate the Net Asset Value as required by the Fund documents and/or Fund manager

Review and prepare waterfall calculations and liaise with Investor Services team in relation to capital calls and distributions

Complete daily internal requirements and sign-off prior to the end of the day

Review and prepare the annual financial statements, supporting information in relations to the year-end audit

Meet all internal and external deliverables Build a relationship with the stakeholders of the funds

REQUIREMENTS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Experience:

Minimum 8 years previous industry experience with a solid understanding of accounting for Private Equity Funds.

Minimum 4 years previous managerial experience.

Strong technical accounting skills and knowledge of current reporting standards.

Analytical thinking and able to challenge work. High level of accuracy and attention to detail.

Strong proficiency in the use of Microsoft Office, including Excel, and industry standard accounting software (eFront, InvestTran or equivalent).

Education:

• A university degree (B.A., B.Sc., M.B.A.) in Business preferably specializing in accountancy or another financial-related discipline
• An internationally recognized accounting designation (CA, CPA, ACCA or equivalent), is not required but is an advantage