Juniper Square - Associate - Fund Administration (3-8 yrs)

Associate - Fund Administration

Position Overview:

- As an Associate II in Fund Accounting, you will be a crucial part of our team, responsible for supporting the fund accounting operations.

- Your role will involve assisting in the accurate recording of financial transactions, contributing to the maintenance of the Net Asset Value (NAV) of investment funds, and ensuring compliance with regulatory requirements.

- This position offers a valuable opportunity to grow your career in the fund administration industry.

Key Responsibilities:

Transaction Processing:

- Reconcile daily cash transactions, including investment activity, income and expense accruals, and capital activity.

- Ensure transactions are recorded accurately and in compliance with fund guidelines.

NAV Calculation:

- Contribute to the calculation of the Net Asset Value (NAV) for assigned funds.

- Assist in ensuring assets are valued according to US GAAP, calculating income distributions, and reconciling discrepancies.

Financial Reporting:

- Support the preparation of financial statements, investor reports, and regulatory filings.

- Verify the accuracy of financial data and resolve discrepancies.

Reconciliation:

- Perform daily, monthly, and annual reconciliations of fund holdings, cash balances, and other portfolio-related data.

- Investigate and rectify any discrepancies in a timely manner.

Compliance and Documentation:

- Assist in ensuring that fund accounting practices comply with regulatory requirements and industry standards.

- Maintain accurate fund accounting records and documentation.

Process Improvement:

- Identify opportunities for process enhancements and participate in implementing improvements.

- Collaborate with team members to streamline workflows and increase efficiency.

Qualifications:

- Bachelor's/Master's degree in Accounting, Finance, or a related field is preferred

- 1+ years of relevant experience in CRE/PE fund accounting

- Understanding of fund accounting principles and financial markets

- Proficiency in Microsoft Excel and familiarity with Investran is a plus

- Strong analytical and problem-solving skills with high attention to detail

- Excellent communication and teamwork abilities

- Ability to work effectively in a fast-paced, client-focused environment.