Accounting Manager

• Review monthly and quarterly NAV packages
• Review trade activity, income, and expenses for accuracy
• Prepare and review investor capital call and distribution notices
• Review allocations of fund-level profits and losses to investors
• Support preparation and distribution of ILPA-compliant investor statements in accordance with fund legal documents
• Review management fee and carried interest calculations
• Oversee fund expense analyses and coordinate expense processing
• Review quarterly and annual U.S. GAAP or equivalent financial statements and regulatory filings
• Review key fund legal documents, including Limited Partnership Agreements, Private Placement Memorandums, Side Letters, and Credit Facility Agreements
• Coordinate and communicate with internal teams, clients, auditors, and other external stakeholders to support reporting, audits, and operational processes
• Review and reconcile funds’ books and records
• Liaise with internal BlackRock departments and external third-party fund administrators
• Participate in closing the books, including NAV review and reconciliation and partners’ capital statement review
• Support fund setup and operation and respond to ad hoc internal and investor requests

Private Equity Analyst, Fund Accounting

• Lead and oversee global Accounts Payable, T&E, and Cash Application operations, ensuring accurate and timely processing for entities across 20+ countries in multiple regions
• Manage a team of over 20 individuals across multiple locations and time zones
• Monitor and/or implement Key Performance Indicators to measure and monitor performance and identify areas for process improvement
• Partner with Procurement, Customer Service, IT, and Finance to streamline processes and implement best practices
• Ensure compliance with country-specific regulatory requirements in all operating countries
• Implement or improve procedures for AP and T&E inquiries, delivering responsive, high-quality support to employees and vendors
• Determine root causes of issues, propose corrective actions, and drive timely resolution of critical issues
• Manage relationships with global service providers, system partners, and banking partners
• Escalate significant vendor or customer risks or issues and lead corrective actions to prevent recurrence
• Document and maintain processes and procedures supporting the internal control environment and knowledge transfer
• Collaborate with cross-functional and cross-cultural teams to provide data for general ledger activities, journal entries, and business reporting
• Identify and lead process-efficiency initiatives, including evaluation and implementation of AI tools to drive transformation

Accounting Manager jobs in New Jersey

Private Equity Analyst, Fund Accounting

Director, Transaction Accounting