Cerberus Capital Management is a global leader in alternative investing with a focus on various strategies. They are seeking a fund accountant to maintain the books and records of several funds in accordance with US GAAP, requiring interaction with multiple departments and fund administrators.
Responsibilities
- Accurately prepare and record accounting entries in accordance with firm policy and US GAAP
- Responsible for the timely and accurate review of the monthly books and records prepared by fund administrators as well as internal reporting of both estimated and final fund PnL & returns
- Review the completeness and accuracy of monthly economic allocations, management fee / waterfall calculations and investor statements
- Responsible for calculations of investor capital calls and distributions, as well as accurate tracking of unfunded commitments, and recallable distributions for each investor
- Prepare internal and external deliverables including investor requests, internal data requests, regulatory reporting requests and, from time to time, ad hoc projections of fund/investor data
- Review payments/reimbursements for fund expenses and management fees and clear the ensuing cash breaks
- Communicate regularly with third party administrators
- Responsible for the review of quarterly unaudited and annual audited financial statements as well as annual footnote disclosures and financial highlights
- Interaction with Operations, Investor Relations, Legal, Tax, Financial Reporting and Technology to resolve process and accounting issues
- Managing and modifying accounting/financial systems, procedures, and processes, as necessary
Skills
- Bachelor's degree in Accounting
- 1-3 years of public or private accounting experience
- Experience with a wide assortment of financial products, including fixed income securities, equities, repos, and financial derivatives
- Experience with private equity and hedge funds, as well as other complex fund structures
- Team player and detail oriented
- Must work well in a very dynamic and deadline driven culture
- Excellent interpersonal, written, and oral communication skills
- Proficiency with Microsoft Office Products (Excel, Word) required
- Experience with consolidated and combined presentation of financial statements
- Strong understanding of information systems, relationship tables, and the role data plays in efficient processes
- CPA preferred
- Alteryx and Power Bi experience a big plus
- Data warehouse experience is a plus
Benefits
- Annual discretionary bonus
- Robust benefits package
Company Overview
Cerberus Capital Management is a private investment firm that focuses on operational private equity investments. It was founded in 1992, and is headquartered in New York, New York, USA, with a workforce of 501-1000 employees. Its website is http://www.cerberus.com.Company H1B Sponsorship
Cerberus Capital Management has a track record of offering H1B sponsorships, with 11 in 2025, 5 in 2024, 10 in 2023, 8 in 2022, 7 in 2021, 2 in 2020. Please note that this does not guarantee sponsorship for this specific role.