Nautic Partners Hiring for Senior Fund Accountant Job at Providence, RI Full Time

Primary Duties and Responsibilities:

GAAP:

• Responsible for accounting operations for flow through entities (partnerships, LLCs, S-Corps, C-Corps and blocker entities) including the following:

· Records portfolio investment transaction and other operating activity,

· Performs cash management functions (maintains check registers and investment of idle funds, calculating capital calls and distributions to partners),

· Monitors accounts receivable and accounts payable (including payment of invoices).

· Responsible for full accounting closing, on a defined periodic basis, including compiling backup for journal entries, posting entries to PC based software on a real time basis, and generating financial statements and various supporting schedules.

• Records quarterly valuation adjustments for portfolio investments and reconciles to accounting records.

· Prepares quarterly reporting packages for Advisory Boards and Limited Partners, including financial statements and transaction narratives.

• Prepares schedules in response to Limited Partner requests for information.
• Assists with annual audits.

· Recognizes changes in the environment which will impact entities and communicate to management for consideration.

Tax:

• Prepares tax basis financial statements and supporting schedules on a defined periodic basis.
• Assists with quarterly tax estimate calculations.
• Maintains 1099 detailed information and reconciles to year-end reporting. Issues 1099s annually as required.
• Updates investment basis schedules, capital gains schedules (including supporting documentation), and computes and records adjusting entries based on K-1 received, and completes final tax closings.
• Compiles annual tax basis financial information and drafts transaction narratives to be issued with K-1.

Job Type: Full-time

Pay: From $112,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Relocation assistance
• Vision insurance

Physical Setting:

• Office

Schedule:

• 8 hour shift
• Monday to Friday

Supplemental Pay:

• Bonus pay
• Signing bonus

Education:

• Bachelor’s (Preferred)

Experience:

• GAAP: 5 years (Preferred)

Work Location: One location