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Accounting associate

United States, Chicago Employment contract 90000.00 - 100000.00 USD / Year · Job Posted April 10, 2026
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Job Description

This position will be focused exclusively on the equity funds managed by the firm. This is a newly created position due to continued growth of the firm; it is expected that a successful candidate will be able to expand his/her responsibilities over time.

Job Responsibility

  • Interpret fund agreements in order to determine impact on financial reporting and partner capital accounting requirements
  • Prepare fund level financial statements including balance sheet, schedule of investments, income statement, statement of changes in partners’ capital and cash flows
  • Prepare required footnotes to financial statements
  • Prepare investor-level capital account statements
  • Prepare management fee computations
  • Preparation of capital calls and distributions, including fund waterfall calculation
  • Respond to limited partner inquires and additional ad-hoc requests
  • Prepare required deliverables for year-end financial statement audits
  • Perform quarterly closing, including quarter-end journal entries

Requirements

  • At least two years of prior experience that demonstrates a progression of responsibility
  • Prior audit experience within the financial services group of a public accounting firm of recognized national standing and/or prior experience with private equity partnership accounting and allocations (including carried interest) is preferred
  • Bachelor’s or Master’s in Accounting or Finance
  • Interest in taking on a challenging, “hands on” role in a collaborative, team-based culture
  • Ability to work independently and proactively, prioritize work and meet deadlines
  • Detail oriented nature
  • takes pride in a quality work product
  • Self-motivated with a strong work ethic
  • Technologically savvy (strong working knowledge of MS Excel and MS Word) with the ability and desire to master new applications

What we offer

medical, vision, dental, life, and disability insurance

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