Alternative Investments Associate

Company: INSPYR Solutions
Location: Hackensack
Posted on: May 28, 2023

Job Description:

Title: Alternative Investments AssociateLocation: Hackensack, NJCompensation: 38/hourDuration: 3 month contract with conversion possibility Qualified candidates may send a copy of their resume (Word Format) to Rudi Gilpin at rgilpin@inspyrsolutions.comJob Description: Alternative Investments Associates and Managers work as part of a team responsible for providing accounting, administration and investor servicing for hedge funds, private equity funds and closed-end registered products. Individuals calculate net asset value(s) and disseminate financial and performance information to the investment advisor and their investors. Acting as primary fund accountant on multiple relationships, ensures all fund accounting functions are in completed in accordance with Generally Accepted Accounting Principles (GAAP). Responsibilities: Preparation of Monthly/Quarterly NAV packages Records trade information, income/expense activity and applies valuation of securities in the portfolio accounting system. Prepare Processing of Capital Calls and Distributions Prepare Allocation of Fund level profits and losses to individual investors for preparation and distribution of investor statements in accordance to Fund Document Prepare Calculation of Management Fees and Carried Interest Review and coordinate fund expense analysis and expense processing Review of various Fund Documents, including Limited Partnership Agreements, Side Letters, and Private Placement Memorandums Interactions and coordination with internal and external stakeholders, including but not limited to clients, auditors, and other groups within *** Supervise, train, and coach junior level new hires, including but not limited to providing technical and PE knowledge to them Skillset / Experience: Bachelor's degree in Accounting, Finance or a business-related field, or equivalent work experience 3 to 8 years of related experience, preferably in portfolio/partnership accounting, finance or portfolio management Preferred Skills/Experience: Experience working at a Private Equity Fund Manager, Alternative Investment Manager, Fund Administrator, Audit Firms, and/or other financial institutions with relevant knowledge and experience Thorough knowledge in accounting, reporting, and analysis Ability to manage multiple tasks/projects and deadlines simultaneously Effective interpersonal, verbal and written communication skills Proficient computer navigation skills using a variety of software packages including Microsoft Office applications Our benefits package includes: (EXCLUDE on perm placements) Comprehensive medical benefits Competitive pay, 401(k) Retirement plan ...and much more! About INSPYR Solutions:As a leading information technology partner, we connect top IT talent with our clients to provide innovative business solutions through our IT Staffing, Professional Services, and Infrastructure Solutions divisions. We understand and value the unique needs of highly-skilled information technology professionals in the industry and always strive to stay above the curve. Our company was founded on the following core values: Be the Best, Understand the Urgency, Never Ever Give Up, Have the Courage to Excel, and Make a Contribution. We take pride in our business model and strive to create a positive workplace environment through an exemplary culture. INSPYR Solutions provides Equal Employment Opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, INSPYR complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.PDN-99091334-1186-4bba-98a0-06c1e20a6880

Keywords: INSPYR Solutions, Hackensack , Alternative Investments Associate, Accounting, Auditing , Hackensack, New Jersey