Manager, LP Fund

Denver, CO, USA Req #191
Tuesday, November 24, 2020

Ultimus LeverPoint Private Fund Solutions professionals are employees who take personal accountability for their work, have a passion for excellence, are driven to achieve their full potential and understand the value of building relationships.  Our team of professionals demonstrate strong work ethic, thrive on challenges and are dedicated to providing outstanding client service.  


An Ultimus LeverPoint professional should strive for excellence in the following competencies:


Leadership

Professionalism 

Communication 

Self-Management 

Job Knowledge 


The Manager, Fund team is responsible for overseeing the day-to-day operations of client Funds and communicate directly with the General Partners of the Funds. This position will require regular interaction with clients, team members and management.  This position requires a mastery of complex private equity accounting skills, the ability to oversee the complete financial reporting and capital call/distribution process and direct oversight of associates.  This position serves as a resources to other members of the team, providing guidance, coaching, training and additional support as needed.  

Job Responsibilities: 

  • Oversee the preparation and distribution of quarterly financial statements to the Limited Partners to report information regarding the performance of the Fund;
  • Oversee the preparation of schedules to support the general ledger balances reported in the financial statements;
  • Calculate, prepare, and distribute capital call notices to the Limited Partners to notify them when contributions are due;
  • Understand and interpret terms set forth within the Limited Partnership Agreement; 
  • Calculate and review complex waterfall structures; 
  • Complete required regulatory forms to ensure the Fund complies with specific regulation requirements;
  • Calculate and distribute proceeds to Limited Partners to return capital owed to them;
  • Communicate directly with the General Partners and respond promptly to their requests to provide them with the information they require; 
  • Review investment packages to confirm the securities purchased are wired to the correct beneficiary and are for the appropriate amounts; 
  • Calculate management fees owed to the Management Company for the investment and portfolio management services they provide to the Fund;
  • Interact with auditors and provide them with reports/support to assist them during the audit;
  • Complete audit confirmations to satisfy procedures performed for the audits of the Limited Partners;
  • Ability to multi-task between different tasks, client deliverables and internal demands throughout the day; 
  • Provide supervision, guidance and coaching to the team, including regular training support as needed; 
  • Continually updates job knowledge by participating in educational opportunities; internal company and team trainings; maintains personal networks; participates in professional development opportunities and;
  • Additional duties as assigned by management;


Advanced Responsibilities

  • Demonstrate mastery of technical skillset including use of Excel and other software utilized by the Fund Team;
  • Demonstrate mastery of subject matter when advising clients on various client questions or concerns;
  • Consistent resource for other team members with regard to technical questions or questions pertaining to team processes and procedures; 
  • Conduct ongoing team trainings while providing input as to the continued training opportunities at a global-company level;   
  • Provide daily leadership across the team and the organization.

Knowledge and Skills:

  • Sound knowledge of accounting principles, methods, procedures, internal controls with the ability to exercise good judgement in selecting and interpreting information;
  • Excellent client service skills with an aptitude to understand the clients’ business and maintain strong client relationships; 
  • Dedication and motivation to achieve high standards of client service and professional in the performance of duties; 
  • Ability to organize and prioritize work, assisting in the coordination of the work of other team members;
  • Advanced computer and technical skills, including the use of MS Office Suite and other financial systems;
  • Ability to effectively provide team members and others with information, training and assistance as needed;
  • Ability to understand and carry out complex accounting procedures and analysis; preparation of work papers; general knowledge of financial reporting; 
  • Demonstrate sound research, interpretive and problem solving abilities. 

Qualifications

  • 5 – 7+ years’ (relevant) experience in Accounting or related field;
  • 5 – 7+ years’ supervisory experience in the following: performance management (including coaching, progressive discipline, performance review delivery etc.), training, talent acquisition and retention; 
  • Minimum of a Bachelor’s Degree in Accounting or related field;
  • Advanced degree (MBA or MSA) in Accounting or related field strongly preferred;
  • Certified Public Accountant (CPA) license is strongly preferred; 
  • Experience in forecasting and budgeting during an accelerated growth period;  
  • Proficient in Microsoft Office Suite with knowledge of Investran or other partnership accounting software a plus;
  • Ability to multitask, time management, attention to detail, planning and problem solving skills required;
  • Ability to communicate and interact professionally and effectively through written and oral communication with current and potential clients and;
  • Ability to work in a fast-paced environment and handle/manage multiple team and individual priorities and deadlines. 


Ultimus Leverpoint is an equal opportunity employer and does not discriminate on the basis of the applicant’s or employee’s race, color, religion, national origin, ancestry, gender, sexual orientation, age, disability, veteran or military status, genetic information, citizenship or any other status entitled to protection under federal, state or local anti-discrimination laws. No questions on our employment application are intended to secure information that is to be used for impermissible purposes.

Other details

  • Pay Type Salary
  • Denver, CO, USA