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The Capital Administrator plays a critical role in the organization and is responsible for delivering AlterDomus' CapAdministrationSM services to clients. This position performs scheduled and ad-hoc activities which results in the allocation of distributions and capital account balances for private equity partnerships. The position will maintain direct client communications and be responsible for overall client relationship. In addition, the Captial Administrator will be the subject matter expert relating to the actual economics of client funds and individual limited partner capital balances. The Capital Administrator will also be responsible for managing internal teams that help support him/her in meeting client deliverables.
Job Responsibility:
Establish and maintain proficiency in the capital administration requirements of client partnerships
Perform data exchange between client and Alter Domus environments
Execute and resolve GAAP-based reconciliation of fund general ledger to CapAssure’s GAAP ledger
Define and account for client requested adjustments to CapAssure’s GAAP ledger
Execute allocations of cash distributions and hypothetical fund liquidations
Analyze, reconcile, validate and post allocation results to CapAssure
Produce client reports and data extracts
Communicate results to clients
Interact with client personnel at all levels of the organization for data acquisition, financial statement review and issue resolution
Work with internal quality assurance professionals and senior management within the firm to maintain high quality standards in a demanding environment
Manage team of junior personnel
Requirements:
An understanding of Generally Accepted Accounting Principles and reporting methods
Knowledge of automated financial systems and accounting software
Experience with preparation of monthly and quarterly financial statements
Knowledge and experience with Microsoft Word, PowerPoint and Access
Excellent proficiency with Microsoft Excel
Strong quantitative and analytical skills
Strong communication skills and an ability to independently interact with client personnel
Ability to perform multiple tasks simultaneously in a team environment with minimal supervision
Relevant professional accounting and finance experience including, but not limited to, work experience at a fund administrator or an alternative investment firm
Financial services industry experience
Knowledge of Private Equity Fund accounting
Ability to multi-task while maintaining careful attention to detail
Ability to work effectively both individually and within a team environment
Ability to work with a sense of urgency to meet deadlines and address competing priorities
Can manage teams and mentor junior staff
What we offer:
Support for professional accreditations such as ACCA and study leave
Flexible arrangements, generous holidays and birthday leave
Continuous mentoring along your career progression