- Assist in funding and recording investment transactions, maintenance of schedule of investments, and supporting deal documents.
- Assist in collecting data from underlying investments and deal professionals and preparation of periodic internal and external portfolio reporting packages.
- Understand IRRs and other performance metrics (TVPI, DPI, YTD returns, etc.).
- Post activity to the general ledger, reconcile accounts, coordinate payment of expenses, and maintain supporting documentation.
- Perform daily cash reconciliations and journal entries.
- Prepare cash position and forecast reports.
- Perform quarterly closing procedures.
- Assist in preparing and distributing quarterly financial statements.
- Research accounting and tax issues as required.
- Maintain limited partner files.
- Prepare capital call notices and initiate distributions.
- Maintain schedule of partner's commitments, capital contributions, and unfunded commitments.
- Calculate the limited and general partners' capital accounts.
- Maintain limited partner CRM and Accounting database.
- Respond to limited partner inquiries and additional ad-hoc requests.
- Prepare required deliverables for year-end financial statement audits.
- Assist in timely preparations of tax and regulatory filings and prepare supporting work papers.
- A bachelor's or master's degree in accounting or finance
- Experience performing accounting functions in a private equity investment firm performing all aspects of internal and external financial reporting and operations.
- A great work ethic, proactive problem-solving skills, commitment to accuracy, and a roll of your sleeves team player personality.
- Proficiency in Microsoft Office applications (particularly Excel)
- Generous base salary and bonus program
- Full benefits suite including 401K, above-average PTO, Parental Leave, and Medical, Dental, Vision
- Access to benefits concierge service
- Access to Mental Health & well-being service
- Be part of a culture that is truly open door, with access to mentorship, leadership training, career advancement, and innovation
- Opportunities to join employee resources groups and participate in events hosted by the Bridge Women's Network, Black Inclusion Group, BIG Pride, Allies for AAPI, Unidos Latino and Hispanic Group, Bridge of Honor Veterans, and Advocates for Accessibility
- Opportunity to be involved in community outreach and charity events
Fund Accountant - Stamford, United States - Bridge Investment Group
Description
Bridge acknowledges and values the individuality of each person, recognizing that our people are the foundation of our success. We are committed to creating an inclusive environment where everyone feels respected and valued. In addition to our business objectives, we strive to make a positive impact in our communities and uphold ESG principles at our properties and corporate locations. We evaluate all candidates based on their merit, without any prejudice towards race, color, religion, sex, age, disability, sexual orientation, national origin, or any other category protected by law.
We understand that joining a new workplace is a significant decision. To help you gain deeper insights into our culture, we offer "Culture Conversations." This initiative reflects our commitment to transparency, diversity, and inclusivity. Culture Conversations are voluntary, one-on-one sessions designed for applicants to connect directly with our diverse staff members. It's your chance to explore the Bridge work environment, ask questions, and get a genuine feel for what it's like to be part of our team.
What you will be part of
Located in Stamford, CT, Newbury Partners (a division of Bridge Investment Group specializes in purchasing limited partnership interests in established leverage buyout, growth equity, and venture capital funds through secondary transactions. Additionally, we pursue co-investments directly in private equity-backed companies on a selective basis. With over $6.42 billion in managed capital, Newbury includes approximately 201 professionals covering new investments, finance, and administration.
Make an impact
We are seeking a business-minded professional to support the Director of Finance team of our private equity investment firm in all aspects of internal and external financial reporting and operations.
This position offers a challenging "hands-on" role for a self-motivated professional with the flexibility and adaptability to work in a small team environment. The ideal candidate will be detail-oriented with strong multitasking skills and the ability to prioritize and complete projects in a timely manner.
Anticipated Duties:
$75,000 - $80,000
What we offer
Bridge is a leading, vertically integrated real estate investment manager, diversified across specialized asset classes. Bridge combines its nationwide operating platform with dedicated teams of investment professionals focused on select U.S. real estate verticals: residential rental, office, development, logistics properties, net lease and real estate-backed credit. Bridge is well-regarded for its high integrity and collaborative leadership culture that rewards both individual thinking and team decision-making. Our leaders are seasoned professionals who bring their vast experience and high standards of excellence to their work. Our leaders value career development and take seriously the role they play in developing next-generation leaders. Bridge professionals embody accountability and seek to deliver high-quality results through creativity and innovation.