Accountant

BCforward is currently seeking a highly motivated Accountant for an opportunity in Hackensack, NJ

Position Title: Accountant

Location: Hackensack, NJ 07601

Anticipated Start Date: 09/30/2024.

Please note this is the target date and is subject to change. BCforward will send official notice ahead of a confirmed start date.

Expected Duration: 6 Months

Please note that actual compensation may vary within this range due to factors such as location, experience, and job responsibilities, and does not encompass additional non-standard compensation (e.g., benefits, paid time off, per diem, etc.).

Requirements:

• Two to three years of experience in alternative investments industry
• Working knowledge of Microsoft Office products
• Proactive critical thinking and problem-solving skills.

Job Description:

• The Central Investor Services Support Associate is responsible for supporting the Investor Services and Investor Allocations teams acting as a subject matter expert in areas included but not limited to investor allocations, fee calculations and investor return calculations.
• Reviews and prepares offline and system generated calculations to support new fund launches and existing fund updates including but not limited to, complex expense and waterfall/incentive fee calculations, regular and specialized PnL allocations, performance metrics, such as IRR, MOIC, ROR on a partner, tranche or fund basis based on the terms of the offering documents.
• Proactively identifies issues through review of qualitative and quantitative data, anticipates obstacles and then implements mitigating solutions.
• Builds relationships with stakeholders, including project managers, and IT professionals, to ensure that project goals are aligned, and communication is effective.
• Serves as liaison between internal and external developers and IS and IA departments regarding projects. Completes system testing before releases.

Responsibilities

• Reviews and prepares offline and system generated calculations to support new fund launches and existing fund updates.
• Complete complex expense and waterfall/incentive fee calculations, regular and specialized PnL allocations,
• Calculate performance metrics, such as IRR, MOIC, ROR on a partner, tranche or fund basis based on the terms of the offering documents.
• Completes system testing before releases for quality assurance of existing reports as well as functionality of new releases.

Preferred Skills/Experience

• General knowledge and understanding of the private funds (private equity, private credit) industry.
• Basic knowledge of Advent applications preferred.
• Strong communication, presentation, and documentation skills.
• Proven team-oriented, organizational and time management skills.

Minimum Education:

• Bachelor's degree in accounting, finance or related field, or equivalent experience

About BCforward:

Founded in 1998 on the idea that industry leaders needed a professional service, and workforce management expert, to fuel the development and execution of core business and technology strategies, BCforward is a Black-owned firm providing unique solutions supporting value capture and digital product delivery needs for organizations around the world. Headquartered in Indianapolis, IN with an Offshore Development Center in Hyderabad, India, BCforward' s 6,000 consultants support more than 225 clients globally.

BCforward champions the power of human potential to help companies transform, accelerate, and scale. Guided by our core values of People-Centric, Optimism, Excellence, Diversity, and Accountability, our professionals have helped our clients achieve their strategic goals for more than 25 years. Our strong culture and clear values have enabled BCforward to become a market leader and best in class place to work.

BCforward is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability.

To learn more about how BCforward collects and uses personal information as part of the recruiting process, view our Privacy Notice and CCPA Addendum. As part of the recruitment process, we may ask for you to disclose and provide us with various categories of personal information, including identifiers, professional information, commercial information, education information, and other related information. BCforward will only use this information to complete the recruitment process.

This posting is not an offer of employment. All applicants applying for positions in the United States must be legally authorized to work in the United States. The submission of intentionally false or fraudulent information in response to this posting may render the applicant ineligible for the position. Any subsequent offer of employment will be considered employment at-will regardless of the anticipated assignment duration.

Interested candidates please send resume in Word format Please reference job code 229422 when responding to this ad.