Entry Level Fund Accountant

Job Description

Fund Accountant | Kaufman Rossin

The Tone:
This is an entry-level role at Kaufman Rossin, a leading independent public accounting firm with over 700 employees across South Florida. The firm operates with a “people first” philosophy, prioritizing employee development and well-being, and has been recognized multiple times as the Best Place to Work in South Florida. As a privately owned entity, Kaufman Rossin focuses on long-term client relationships and objective advisory, fostering an agile, entrepreneurial, and collaborative culture where leadership is accessible. This position is vital to Kaufman Rossin Alternative Investment Services (KRAIS), a rapidly growing fund administration company, contributing to the delivery of essential portfolio accounting and investor services for alternative investment fund clients.

The TL;DR
• Role: Early Career
• Location: In-person South Florida
• Team: Kaufman Rossin Alternative Investment Services (KRAIS)
• Mission: To provide full administration services, including portfolio accounting and investor services, to alternative investment fund clients.
• Tech Stack: Microsoft Excel, Bloomberg, Paxus

What You’ll Actually Do
• Fund Accounting: Perform end-to-end processes of portfolio fund accounting, encompassing fund transactions, reconciliations, valuations, corporate action processing, and the production of financial and investor statements.
• Reporting: Prepare Net Asset Value (NAV) workpapers and reports, alongside performance reports, intended for use by investment managers, investors, and various third parties.
• Financial Statement Preparation: Draft comprehensive financial statements, including the statement of assets and liabilities, schedule of net asset value per share, statement of operations, statement of changes in shareholders’ equity, and statement of cash flows.
• Investment Management: Ensure all investments and securities, such as equities, fixed income, options, futures, private placements, private equity investments, and other derivative investments, are correctly accounted for.

The Must-Haves
• Background: Bachelor’s degree in Accounting or Finance; this is an entry-level position.
• Experience: A solid understanding of investments, securities, and financial markets.
• Skills: Advanced proficiency with Microsoft Excel; strong organizational and analytical capabilities; effective verbal and written communication skills; keen attention to detail coupled with the ability to handle tasks quickly and accurately.
• Bonus: Prior experience at a fund administrator, in internal operations for a hedge or private equity fund, or as an auditor to hedge or private equity funds; working knowledge of Bloomberg and Paxus; ability to work periodic overtime; bilingual proficiency in Spanish.