Job Description
SUMMARY
The individual will be responsible for performing certain fund accounting functions for partnerships and accounts managed by the Firm.
RESPONSIBILITIES
The individual will be involved in the following critical activities:
- Maintain the accounting ledgers for fund-of-hedge funds and related investment vehicles
- Review monthly investment valuations utilizing practical expedient
- Manage, monitor, and provide guidance to outsourced service providers
- Reconcile cash balances for current and expected cash flows
- Liaison between the Firm and underlying managers/administrators
- Weekly and monthly calculation and reporting of fund performance
- Effectively work with other teams throughout the firm, including tax, legal, treasury, client services, etc.
- Support investment and client relationship personnel on ad-hoc requests
- General accounting responsibilities
- Assist in special projects as requested
EDUCATION, SKILLS AND EXPERIENCE REQUIREMENTS
The ideal experience and critical competencies for the role include the following
: - Pursuing a BA/BS in Accounting/Finance with outstanding academic credentials; applicable coursework or internship in the field of investments or financial markets
- Knowledge of partnership accounting as well as exposure to financial reporting, auditing, and tax
- Demonstrated team player; self-starter; independent thinker; excellent judgment
- Positive mind set with an eagerness to learn and desire to build and improve process
- 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
- Good written and verbal communication skills
- PC experience - advanced knowledge of MS Excel preferred, however, not required
In terms of cultural fit, the successful candidate will be self-motivated and energized by working amongst a group of thoughtful, smart and successful colleagues. The candidate will enjoy being part of an organization focused on excellence and will be a naturally collaborative person who enjoys interacting with individuals at all levels. Additionally, the candidate will be a strong team player with a proactive approach and the ability to exercise 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 GCM Grosvenor
Job Tags
Internship,