Part of Townsend’s client base is composed of a series of pooled funds that have raised capital from high-net-worth US investors and certain non-US investors. Townsend also manages co-investment funds for institutional investors that are designed to generate targeted exposure to non-traditional investment areas (such as emerging managers or emerging markets).
We are searching for an accountant/analyst to assist us in the accounting and financial reporting process for the funds that we manage. The Fund Accountant will work directly with our portfolio management team and other consultants. Specific responsibilities include:
- Recording journal entries
- Reconciling accounts, including bank reconciliations
- Managing cash activity
- Maintaining capital account balances
- Assist fund administrators with quarterly financial reporting to the limited partners
- Produce limited partner capital account statements on Investran software
- Assist in the preparation of quarterly reports and annual GAAP financial statements for Townsend’s funds
- Working with outside accountants to help assist the audit process and the production of tax reports for investors
Job Qualifications
- Bachelors in accounting or finance
- 0-1 years experience
- Strong analytic skills
- Advanced knowledge of Excel
- Effective communication skills. The Fund Accountant may be called upon to work with managers of underlying funds, outside accountants and attorneys and to speak with fund investors and prospective investors