Fund Accounting Manager (Open Ended Fund)

Job Description Summary

For over forty years, HarbourVest has been home to a committed team of professionals with an entrepreneurial spirit and a desire to deliver impactful solutions to our clients and investing partners. As our global firm grows, we continue to add individuals who seek a collaborative, open-door culture that values diversity and innovative thinking.

In our collegial environment that’s marked by low turnover and high energy, you’ll be inspired to grow and thrive. Here, you will be encouraged to build on your strengths and acquire new skills and experiences.

We are committed to fostering an environment of inclusion that promotes mutual respect among all employees. Understanding and valuing these differences optimizes the potential of both the individual and the firm.

HarbourVest is an equal opportunity employer.

This position will be a hybrid work arrangement, which translates to 2-3 days minimum per week in the office.

HarbourVest Partners (HVP) is seeking a SEC financial reporting Fund Manager with approximately 6+ years of public company SEC reporting in the private equity and/or real assets industry.

Fund manager will work closely with an experienced group of professionals while overseeing/engaging in all aspects of the Fund’s financial analysis, accounting, taxation, treasury functions, internal controls, external auditors and third-party service providers.

The ideal candidate is someone who is:

• Strong technical SEC and CSSF reporting expertise, Investment Company accounting background
• Strong accounting, analytical and problem-solving skills. Must be detail oriented and proven communication skills. Computer literacy and proficient knowledge of Excel.

What you will do:

• Financial Reporting: Responsible for monthly pricing, financial reporting, and accounting of Fund’s with understanding of the underlying investments. Prepare and/or review semi/annual financial statements are in accordance with US GAAP, Lux GAAP and other local GAAP as needed. Review of period end NAV, financial reporting, timely filing, and accounting of Fund’s with understanding of the underlying investments. Review monthly NAV reporting, concepts, and mechanics. Timely preparation and filing of periodic financial. Understanding fund structures, underlying investments profiles, promotes and Fund’s governing agreements. Conduct technical accounting research and ensure appropriate application to Fund and underlying investments. Build and maintain REG reporting disclosure checklist/reporting calendar to ensure timely compliance.
• Fund & Cash Management: Active management that includes BOD presentations, Fund’s liquidity, cash flow analysis, available cash, sources, and uses of liquidity and active oversight. Preparation of Board of Directors analysis and presentations, as needed. Oversight and management of Fund’s available operating cash. Oversight of payments with HVP Treasury and Fund Administrator. Oversight of third-party fund administrator, external auditors, tax advisers and other professional service providers. Audit coordination with external service providers, key contact/owner. Oversight of Fund level debt closing and reporting, review covenant analyses for third party debt/line of credit.
• Financial Analytics: Understand component of Fund’s and underlying investment performance measurements. Review Fund return/performance analyses, performance attribution, assist other teams with consultant inquiries as it relates to financial reporting model. Build and manage relationships for all internal and external collaborators. Field questions and run/discuss analyses for the Fund’s Portfolio Management and Controller.
• And other responsibilities as required

What you bring:

• Public and/or private prior experience, open-end fund experience preferred.
• Comprehensive knowledge of US GAAP, (SEC financial reporting standards) and LUX GAAP.
• Fair Value reporting experience a plus
• Proven understanding of Investran, Efront and Great Plains accounting software a plus.

Education Preferred

• Bachelor’s degree with major in accounting, CPA required.

Experience

• 6+ Years experience

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