Operations Analyst, Private Equity

About the Opportunity Our client, a private equity firm in New York City, is seeking an Operations Analyst to support the operations, valuation and reporting needs of its registered investment funds. The role offers exposure to many parts of the business, including support for broader private equity operations. The team is long-tenured, and the firm offers a strong quality of life. The position is based in New York City and requires four days per week in the office.

If you want to know about the requirements for this role, read on for all the relevant information.
Job ResponsibilitiesSupport fund-level investment accounting through the investment book of record (IBOR) process, keeping accurate records of the funds’ underlying private equity holdings and activityProcess capital calls and distributions accurately and on time, reviewing weekly transaction activity booked from noticesTie out investment positions, cash and unfunded commitments against records held by sub-administrators and custodians, and resolve breaksKeep portfolio company data current across internal systems and reporting toolsAssist with fair value determinations under each fund’s valuation policies, including quarterly valuation supportForecast fund cash and unfunded commitment levels to support capital call funding, including any credit facility useSupport closings of new fund investments, including documentation review and coordination with counterpartiesSupport marketing for the registered funds by updating collateral, securing compliance approval and working with the distributor on its useAssist with periodic repurchase and tender offers, including liquidity planningProduce scheduled and ad hoc internal reporting, including portfolio performance, and analyze quantitative data to support business improvementCoordinate with sub-administrators, custodians and other vendors on timely, accurate payment of fund expenses, including weekly expense packagesAssist with SEC filings, shareholder reports, audit deliverables and quarterly board materials
Job RequirementsUndergraduate degree in accounting, finance, economics or business management2+ years in accounting or operations within alternative investments, preferably from public accounting, a private equity firm, a hedge fund or a fund administratorWorking command of US GAAP as applied to investment companies (required)Preference for candidates who have worked with 1940 Act registered fundsExcellent Excel skills are requiredHands-on experience with a private equity fund accounting platform strongly preferred, covering entering transactions, maintaining portfolio data and producing reportsPractical grounding in private equity fund accounting: partners’ capital allocations, unfunded commitments, recallable capital, distributions and capital callsProficiency in Python and AI language-model tools is a plusSolid grasp of financial statements; strong written and verbal communicationStrong work ethic, organization and resourcefulness; a team player and self-starter who works independently with limited supervisionInterest in private equity and a basic grasp of the financial markets
The annual total compensation is up to $140,000. Actual compensation offered to the successful candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level, among other things. xzbcwsv Details about eligibility for bonus compensation (if applicable) will be finalized at the time of offer.