Senior Associate

Job purpose

This position is primarily responsible for monthly closing activities. Closing activities include journal entries, account reconciliations, research, reporting, and supporting internal and external stakeholders. Primary transactions include fixed and variable revenue streams (management, portfolio and transaction fees), rebates, expense accruals and allowances for doubtful accounts. This position requires strict adherence to deadlines and deliverables. The candidate must be detail oriented, organized, have strong communication skills and confidence in communicating with senior professionals across the firm. Substantially all responsibilities will involve Excel and PeopleSoft. This position requires competence in managing large data sets and manipulating them using complicated formulas and pivot tables in Excel. This position also requires competence in using and understanding information systems, such as various modules and how transactions should be recorded to ensure data integrity.

In-Office Requirement: 4 days per week

Key responsibilities

Support team during month-end close

• Prepare journal entries for transactions, including revenue, expense accruals, rebates, reserves for revenue and reimbursable expenses, and reclasses/adjustments
• Prepare balance sheet reconciliations
• Prepare monthly reports, including revenue trending analysis, trial balance, rebate report, T&E analysis, and expense analysis

Daily responsibilities

• Review coding for accounts payable vouchers
• Collaborate and coordinate across the firm to ensure proper recording and coding of transactions
• Update and distribute daily status report of AP invoices remaining to be review and approved
• Respond to ad hoc requests, which often require research, report preparation and further communication across the firm

Other accounting functions

• Prepare wire transfers when necessary
• Assist with research, corrections/adjustments and follow-up
• Support the management fee, portfolio fee and transaction fee billing process
• Collaborate with team and other departments to identify opportunities for improvement of current processes

Qualifications

• Bachelor's Degree, required
• Accounting degree or enrolled in an accounting major preferred
• GPA of 3.0 or above, required
• At least 1-2 years of accounting experience, required

Competencies & Attributes

• Organized and efficient
• Able to multi-task and prioritize workload
• Detail-oriented
• Microsoft Office skills: MS Excel, Outlook
• Experience with Oracle/PeopleSoft or another ERP system preferred
• Excellent problem solving, analytical and communication skills