Senior, Fund Admin

At Armanino, you determine your career path. This means it's possible to pursue challenges you are passionate about, in industries you care about.

Armanino is proud to be  Among the top 20 Largest Accounting and Consulting Firms in the Nation  and one of the  Best Places to Work . We have a community of resources that are ready and willing to support your ideas, build your skills and expand your professional network. We want you to integrate all aspects of your life with your career. At Armanino, we know you don’t check-out of life when you check-in at work. That’s why we’ve created a unique work environment where your passions, work, and family & friends can overlap. We want to help you achieve growth by giving you access to a network of smart and supportive people, willing to listen to your ideas.

Job Responsibilities

Provide contracted accounting support for funds and their affiliates :

Upload all cash activity to the appropriate fund entity

Book all accruals for the reporting period

Build and maintain support workpapers

Prepare period end financials for the client

Properly allocate income and expenses to investors

Correctly calculate management fees on a period-by-period basis, considering any side letter instructions

Correctly calculate carry accrual on a period-by-period basis, considering any side letter instructions

Prepare period-end capital statements for the client and / or investors

Prepare or update year-end financial statement footnotes for the client

Manage, develop and oversee staff accountants

Maintain consistent communication with the client

Communicate with investors when appropriate

Communicate with 3rd party vendors when necessary

Communicate with other client departments when necessary

Provide capital call and distribution services :

Obtain call or distribution amounts from client and discuss any nuances related to the specific call

Properly allocate call and / or distribution balances to investors

Determine expenses to be called and properly allocate to investors

Book all capital calls and distributions to system

Prepare and provide capital call notices and / or distribution notices to the client or investors

Track capital call receipts and inform client of any variances to timing of receipt or amount of receipt

Provide audit, tax, marketing and due diligence support.

Provide adhoc reports to client when requested.

Dedicated to meeting project deadlines.

Planning, implementing and documenting all processes and procedures, building efficiencies into the process where able.

Requirements

Bachelor’s degree in Accounting, Finance, or related field

Minimum of 3 years of experience in fund administration, fund accounting, or public accounting (audit / assurance of investment funds)

Demonstrated knowledge of private equity and / or venture capital fund structures (e.g., capital calls, distributions, management fees, carried interest)

Proficiency in Excel, including pivot tables and complex formulas

Strong written and verbal communication skills, with the ability to interact directly with clients and auditors

Flexibility to work from home while collaborating in person half the time.

Preferred Qualifications

Experience reviewing staff-prepared work or supervising junior team members

CPA designation or progress toward CPA

Experience preparing financial statements and investor notices

Familiarity with fund accounting systems, such as Investran

Knowledge of alternative investments and fund reporting requirements

“Armanino” is the brand name under which Armanino LLP, Armanino CPA LLP, and Armanino Advisory LLC, independently owned entities, provide professional services in an alternative practice structure in accordance with law, regulations, and professional standards. Armanino LLP and Armanino CPA LLP are licensed independent CPA firms that provide attest services, and Armanino Advisory LLC and its subsidiary entities provide tax, advisory, and business consulting services. Armanino Advisory LLC and its subsidiary entities are not licensed CPA firms.

Armanino 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, Armanino complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Armanino expressly prohibits any form of workplace harassment based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status. Improper interference with the ability of Armanino employees to perform their job duties may result in discipline up to and including discharge.

Armanino does not accept unsolicited candidates, referrals, or resumes from any staffing agency, recruiting service, sourcing entity, or third-party paid service at any time. Any referrals, resumes, or candidates submitted to Armanino or any employee or owner of Armanino without a pre-existing agreement signed by both parties covering the submission will be considered the property of Armanino and not subject to any fees or charges. For existing agreements, a role must be approved and open to external search; otherwise, unsolicited and unapproved submittals and referrals will be considered Armanino property and free of fees. In addition, Talent Acquisition is the sole point of contact, and contacting others in our organization without Talent Acquisition’s knowledge will result in termination of contract.

Certain states require us to disclose the pay range and benefits summary for job openings. For Colorado residents, the compensation range for this position : $77,700-$101,100. For Washington residents, Illinois residents, New York residents, and Southern California residents, the compensation range for this position : $85, 400-$111,200. For Northern California residents, the compensation range for this position : $89,300-$116,300. Compensation may vary based on skills, role, and location. Eligible employees at certain levels can participate in a discretionary long-term financial incentive plan, subject to plan participation rules.

Armanino has a robust offering of benefits, including :

Medical, dental, vision

Generous PTO plan and paid sick time

Flexible work arrangements

401K with Profit Sharing

Wellness program

Generous parental leave

11 paid holidays

For positions based in San Francisco, consistent with the SF Fair Chance Ordinance, an arrest and conviction record will not automatically disqualify a qualified applicant from consideration.

For Individuals who would be working within the City of Los Angeles, Armanino will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance

To view our Consumer Notice at Collection for job applicants, please visit :

We have a community of resources that are ready and willing to support your ideas, build your skills and expand your professional network.