Fund Accounting & Analysis PEREI Associate

Summary

The individual will be responsible for performing the fund accounting and analysis functions for investment partnerships and accounts managed by the Firm.

Responsibilities:

The role will be involved in the following critical activities:

• Perform the day-to-day accounting for private equity funds and related investment vehicles invested by our clients.
• Review monthly, quarterly, and annual NAV and financial statement packages prepared by outsourced accounting provider, including investor reporting.
• Responsibility for coordinating with client on set deliverables and maintain good client relationship.
• Manage, monitor, and provide guidance to the outsourced accounting provider.
• Review individual partner capital account statements.
• Calculate and review quarterly management fee, carried interest waterfall calculations.
• Review capital call and distributions notices sent to investors from general partners.
• Prepare working to check the allocation of investment cost, fee charge and distribution is in line with LPA based on the client’s procedure.
• Reconcile cash activity to that of the general partners’ and the client’s book.
• Collaborate with other teams throughout the firm, including tax, legal, treasury, client services, portfolio management, etc.
• Support client relationship personnel on ad-hoc requests.
• Assist with audit request and regulatory compliance reporting for the various partnerships and companies.
• General accounting responsibilities.
• Assist in special projects as requested.

Education, Skills, or Experience Requirements:

• BA/BS in Accounting/Finance with outstanding academic credentials; applicable coursework or internship in the field of investments or financial markets. 
• 3 to 6 years of experience working for a financial services firm or top tier accounting firm, with specialization in investment partnerships, or financial services industry.
• CPA preferred.
• Accounting experience in managing private equity, hedge funds or similar types of alternative products is preferred, but not required.
• Knowledge of partnership accounting as well as exposure to financial reporting, auditing, and tax. Private equity experience is preferred, but not required.
• Demonstrated team player, self-starter, and independent thinker with the ability to exercise excellent judgment.
• Proven ability to work in a fast-paced environment with a high level of flexibility, accuracy, and attention to detail.
• Ability to handle multiple tasks simultaneously and effectively manage deadlines.
• Knowledge of Investran system is preferred, but not required.
• Good written and verbal communication skill in both Korean and English.

In terms of cultural fit, the successful candidate will be self-motivated and energized by working amongst a group of thoughtful, smart, fast-paced and successful colleagues.  He or she will be a naturally collaborative individual who enjoys interacting with individuals at all levels.  Additionally, he or she will be a strong team player with a proactive approach and the ability to take initiative with discretion and judgment.

ABOUT THE FIRM

GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $80 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies.

The firm has specialized in alternatives for more than 53 years and has a diverse, engaged team of approximately 550 professionals serving a global client base. We are proud to offer our employees a comprehensive benefits package focused on health and wellness, retirement planning, and diversity and inclusion. The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul, and Sydney. For more information, visit: gcmgrosvenor.com.

EQUAL OPPORTUNITY EMPLOYER M/F/D/V