The Fund Accountant is a member of the firm’s Finance team and reports to the Controller while working closely with other Fund Accountants. The ideal candidate is a conscientious team player with a strong desire to learn fund accounting from the ground up.
Review Net Assets Value packages that are provided by the Administrator and prepare them, as appropriate, for the final internal review
Review the Audited Financial Statements provided by the administrator in accordance with the rigorous internal review and documentation process. Read, edit as appropriate, and affirm all values presented within the AFS. Prepare the packages for sign-off by a senior member of the finance team
Reconcile various accounts, review and document reconciliations prepared by the fund administrator, and promptly research and correct any variances
Identify exceptions and problems affecting accounting records and prices, communicating same to management, and assist in their resolution
Assist, as assigned, in preparing audit schedules, compliance reports, tax returns, financial statements, or other reports
Research, as assigned, certain securities in Fund portfolios for the purpose of ensuring proper accounting treatment (such as the nature of distributions, original issue discounts, and international valuations)
Review client statements
Prepare, reconcile and review reports to/from marketing and client service
Prepare daily, weekly and monthly performance reporting
Ad hoc reporting requests
Learn from more experienced team members
QUALIFICATIONS & REQUIREMENTS:
Bachelor’s degree required- Degree in Accounting, Finance and/or Business preferred
Previous accounting and finance internship(s)helpful
Strong willingness to learn
Demonstrated analytical skills
Strong verbal and written communication skills
Demonstrated organizational skills
Ability to work under pressure
PC skills (Excel, Word, etc.)
This position requires a full-time presence at our office in New York City
Fit with Select Equity’s Core Principles (below)
Originality: We generate our own ideas and never deploy common practice without skepticism. We strive to avoid the herd.
Innate Curiosity: There are no dumb questions. We challenge universally accepted beliefs and seek new angles of understanding.
Charity: We recognize our good fortune and give back to society in meaningful and thoughtful ways.
Continuous Improvement: We always strive to improve our performance and measure ourselves absolutely, not relatively.
Humility: We seek no acclaim individually or as a Firm other than earning the gratitude of our clients.
Teamwork: We trust our colleagues and communicate with transparency and respect. Ours is a culture of giving credit, not seeking credit.
Internal Number: 89
About Select Equity Group
Select Equity Group was founded in 1990 on the premise that rigorous fundamental research and disciplined investing will drive superior investment returns. Today, the Firm has more than $25 billion in AUM across multiple strategies utilizing a team-based approach and centralized research effort. Our global client base includes high-net-worth individuals, multi-family offices, endowments, foundations, private banks, insurance companies and public and corporate pensions. Our more than 150 employees share a commitment to our Core Principles (below). Our employees thrive in a collaborative environment that empowers them to apply curiosity, creativity and continuous improvement in pursuit of differentiated excellence for our clients.
Commitment to Giving Back: The Select Equity Group Foundation, established in 2000, makes a positive impact by actively engaging all employees in identifying and supporting charitable organizations of excellence.