Company description
A FinTech start-up established in 2016, Linnovate Partners has become a disrupter and leading asset servicing company in the alternative investment industry. Leveraging on automation and data integration technologies, we provide an integrated suite of technology, services and consultancy that are tailored to the specific requirements of asset and fund managers. Linnovate Partners offers five key areas of solutions and services:
1. Fund Administration
2. Investor Relations
3. Reporting Services
4. Consulting Services
5. Regulatory Compliance
The company is headquartered in Hong Kong, with operations in London, Singapore, Beijing, Shenzhen and a growing number of locations globally. Currently the company employs 2800+ individuals, specializing in alternative fund services, fintech solutions, R&D and investor relations consultancy, and the team is expanding. It now manages over US$120 billion in assets and investment portfolios and administers over 600 funds for private equity and venture capital clients.
The Time for CHANGE is Now!
We are growing rapidly around the globe and we are looking for people who are passionate to make an impact to join our San Francisco office.
Fund Accountant, San Francisco (Hybrid)
Job Description
The successful applicant will be responsible to as teh preparer position to deliver seamless fund administration services to asset and fund managers of private equity funds. In addition, the role will be a direct point of contact for private equity clients.
Responsibility
- Provide accounting services for private equity fund clients including preparing and processing transactions and other fund accounting output for subsequent review.
- Provide support to respond to client and or investors’ queries.
- Prepare fee calculations (management fees, capital call amounts, distribution amounts, carried interest and waterfall) and verifying that calculations are in accordance with the applicable fund terms.
- Prepare various statements and notices including but not limited to investor capital call and distribution notices.
- Prepare ad-hoc requests regarding fund and investor specific reports as well as analysis.
- Prepare fund’s quarterly and annual financial reports.
- Prepare SPV accounting.
- Understand and assist clients with other reporting, such as CRS/FATCA, VAT, K1s, K3s etc.
- Assist clients to address and resolve audit inquiries from external auditors during year-end audit.
- Participate in pre-project stage discussion with the clients and to define more detailed services model for specific clients as required.
- Participate in the internal as well as external technology solutions to address the complex reporting and data requirements of clients.
- Exposure to and learning the latest technology solutions in the asset servicing industry and driving automation for less manual bookings and providing more value-added services to clients.
- Perform additional duties as and when assigned.
Qualifications
- 3+ years of experience in a financial services, investment management, or accounting-related role.
- Prior experience building waterfall models in Excel and calculating distribution amounts
- Strong systems experience; Investran/ efront is a plus
- Strong written and verbal communication skills
- Ability to be a self-starter: you identify problems and take ownership of finding and implementing solutions
- Passion for technology and a desire to use technology to improve business operations
- Highly flexible and adaptable to change; ability to handle multiple projects at once while staying close to the details
Benefits include:
- Health, dental, and vision care for you
- 401K
- Retirement saving plans
- Annual bonus
- Annual professional development stipend
We are offering our people with an inclusive environment where your ideas matter. If you are an achiever who enjoys working in a fast-paced and collaborative setting, surrounded with great people and inspiring leaders, come and join us!
Job Type: Full-time
Pay: $90,000.00 - $120,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Paid time off
Schedule:
- 8 hour shift
Supplemental Pay:
- Yearly bonus
Application Question(s):
- Notice Period?
- Expected Salary?
Work Location: In person
