1. Reporting and Analysis
- Minimum 4 years of experience in fund accounting, investment management, external audit, or another private equity-adjacent role from a reputed organization
- Excellent understanding of financial statements including notes to financial statements, capital account statements, cash flow notices, ILPA templates, and other information regularly published by General Partners
- General understanding of limited partnership agreements, private equity fund structures, and associated fees
- Meticulous attention to detail in creating and reviewing reports
- Demonstrates ownership, self-motivated to meet KPIs and delivers quality reports
- Excellent Microsoft Excel skills required including the ability to work with complex functionalities (Formulas, pivot tables, ability to run existing macros)
- Strong written and verbal communication skills to collaborate with a global team
- Prior experience with Jira and Power BI preferred but not required
- Bachelor s degree in accounting or finance required
- CPA, CFA, CAIA or other accounting/ finance certification(s) preferred
2. Leadership and Management
- 1+ years of experience in managing local teams
- Ability delegate and motivate staff to meet internal KPIs
- Prior experience in creating project and staffing plans
- Strong communication and interpersonal skills
- Experience in monitoring team progress through Excel and Jira (or similar ticketing software)
- Desire to assist staff in achieving their professional goals through mentorship, 1:1 conversations, and professional training
- Proficient in developing training resources for new employees and delivering successful onboarding sessions
- Experience in training staff over technical finance/ accounting/ audit topics
1. Review and Analysis
- Create and review detailed reports over management fees, partnership expenses, and carried interest for a variety of alternative investments, including private equity, real estate, private debt, and hedge funds
- Ensure consistent methodologies around data extraction, fee recalculation, and report creation is applied to all reports
- Identify inconsistencies or large variances and collaborate with our global team and external stakeholders to resolve them
- Perform detailed review of reports created by senior analysts/ analysts for adherence to our methodology, accurate calculations, formatting, and commentary
- Consult with other team members to resolve variances and seek help when methodologies are unclear
- Adhere to team KPIs to ensure timely report delivery for all clients
2. Leadership and Management
- Provide constructive feedback to FAIR team members over their reports
- Mentor Analysts and Senior Analysts on their overall work quality and career path through 1:1 communication
- Train new staff on the team s methodologies for data extraction and fee recalculations
- Collaborate across time zones with FAIR Senior Associates and VP of Operations to create career advancement opportunities to more junior staff
As a Private Equity Operations Associate within the FAIR team, you will be part of a high impact team focused on delivering exceptional analytical reports. This team s work focuses on analyzing and recalculating fees and expenses relating to private equity and other alternative investments and providing insight to our LP clients regarding the expense structures of their investments. You will be responsible for providing post investment due diligence services through examining financial data that provides our clients insight into their management fee, expense, and carried interest structures.
The Impact:
If you are an experienced fund accountant, auditor, or financial due diligence professional who appreciates the nuances of private equity agreements, complex legal agreements, and financial structures - FAIR is the place for you. As a FAIR Associate, you will have the ability to add value across multiple clients within the FAIR team, enabling you to gain a deep perspective and awareness of the wider industry. You will be in charge of leading a small group of analysts, reviewing FAIR reports, and conducting financial analysis. You will gain a rich knowledge of the alternative investment market as you create and review reports over the fees charged to our clients in multiple different alternative investments.
