Description
HPS Investment Partners, a part of BlackRock, is seeking a Fund Accounting Associate to join their Fund Accounting team. The successful candidate will play an integral role in reviewing and reconciling the funds' books and records, liaising with internal departments and external third-party fund administrators.
The Fund Accounting Associate will be involved in the closing of the books, including NAV review and reconciliation, and partners' capital statement review. They will also be responsible for fund setup and operation, and ad hoc internal and investor requests.
Responsibilities:
- Monthly and quarterly closing of the funds' books with fund administrators
- Preparation and review of partners' capital statements
- Preparation and review of capital call and distribution calculations and notices
- Review of fund expenses for accuracy and coordination of accruals and payments
- Calculation and review of monthly investor return and NAV estimates
- Preparation and review of quarterly and annual GAAP financial statements
- Ad hoc reporting and projects
Requirements:
- Bachelor's/master's degree in Accounting or Finance
- 5+ years of combined experience in a Fund Accounting role, and/or public accounting role supporting clients within the financial services industry
- Big four public accounting experience preferred
- Chartered Accountant (or equivalent) preferred
- Strong verbal and written communication skills
- Positive attitude and willingness to continuously learn
- Self-motivated with the ability to work in a fast-paced environment with minimal supervision
- Ability to consistently be attentive to detail while meeting critical deadlines and handling multiple tasks simultaneously
- Strong organizational skills
- Thorough knowledge of internal controls
- Ability to work with large volumes of data and maintain high levels of accuracy
Benefits:
- Strong retirement plan
- Tuition reimbursement
- Comprehensive healthcare
- Support for working parents
- Flexible Time Off (FTO)
Work Schedule:
- 4/1 split
- Late shift to support stakeholders across EMEA and US time zones (2 PM to 11 PM)