Director/Manager Financial Reporting

Robert Half Finance & Accounting
Bethesda, MD
Jan 20, 2022
Jan 23, 2022
Full Time
Description My client is a mid-sized VC firm that is looking to add a Finance Manager to their team. This person will handle the financial reporting responsibilities for the firm; including communication with investors. The Main Responsibilities of a Manager/Senior Manager of Finance fall into the following 4 categories: Fund Related Responsibilities Review and ensure accurate reporting of quarterly closing packages: Allocation of income, expenses, gains, and losses to limited partners of managed funds. Management fee calculations of managed funds. Distribution waterfall calculations of managed funds. Performance calculations (gross and net returns) Timely issuance of Quarterly (60 days) and Annual (90 days) Financial Statements (GAAP): Review the accuracy of financial statements prepared by internal and external fund administrators. Review the accuracy of financial statements disclosures prepared by internal and external fund administrators. Facilitate the completion of Provide-By-Client requests from managed funds' independent auditors and help close out Open Items list in a timely manner. Timely issuance of Annual K-1s to investors of managed funds: Facilitate the completion of Provide-By-Client requests from managed funds' tax preparers (both internal and external) and help close out Open Items list in a timely manner. Liaise tax preparers regarding investment transactions to support the completion of the fund'Microsoft tax returns and other tax documents. Cash management of managed funds: Cash forecasting. Expense review. Allocation of expenses. Wire preparation. Ensure compliance with fund governing documents. Investor Facing Responsibilities: Project managed all investor related inquiries as they come through. Completion of Quarterly ILPA Statements and Templates for certain Institutional Investors. Prepare LP Update presentations as needed. Prepare LP communications (Cap Calls, Distribution Notices). Respond to any ad-hoc requests from limited partners of managed funds. Firm Related Reporting Responsibilities: Providing managed funds' information as they pertain to SEC filings (ie Form ADV, Form PF). Respond to managed fund related ad-hoc requests from front-office requests. Leadership Responsibilities Keep current of new accounting pronouncements and analyze impact to both the managed funds and to the firm. Providing training and guidance to Finance team members in India in technical concepts and other detail oriented developments. Periodic review of overall processes to improve effectiveness, efficiency, and accuracy. Step-up and help with various special projects/reports for both internal and external use. Requirements Requirements for this position are below: 3+ years as an auditor for an accounting firm or 3+ years at a fund administration firm or Minimum of two years of accounting experience VC/PE firm Bachelor'Microsoft Degree required CPA, MBA, or Masters, a plus Proficiency in Microsoft Word and Excel Ability to manage projects and tasks Ability to manage and develop employees Excellent communication skills - both written and oral Team player and demonstrate a strong work ethic All interested applicants should respond to me via LinkedIn - Ty Smith Robert Half is the world's first and largest specialized talent solutions firm that connects highly qualified job seekers to opportunities at great companies. We offer contract, temporary and permanent placement solutions for finance and accounting, technology, marketing and creative, legal, and administrative and customer support roles.Robert Half puts you in the best position to succeed by advocating on your behalf and promoting you to employers. We provide access to top jobs, competitive compensation and benefits, and free online training. Stay on top of every opportunity - even on the go. Download the Robert Half app and get 1-tap apply, instant notifications for AI-matched jobs, and more.Questions? Call your local office at 1.888.490.5461. All applicants applying for US job openings must be legally authorized to work in the United States. Benefits are available to contract/temporary professionals. Visit for more information. (C) 2021 Robert Half. An Equal Opportunity Employer. M/F/Disability/Veterans. By clicking "Apply Now," you're agreeing to Robert Half's Terms of Use ( .