Fund Accounting Manager Fund Accounting Manager …

Sands Capital Management
in Arlington, VA, United States
Permanent, Full time
Be the first to apply
Competitive
Sands Capital Management
in Arlington, VA, United States
Permanent, Full time
Be the first to apply
Competitive
Sands Capital is an independent, employee-owned investment management firm based in Arlington, Virginia that manages multiple billions of dollars in client assets. Sands Capital’s strategies employ a fundamental, bottom-up research process to identify high-quality growth businesses that we can own for the long term in concentrated portfolios. We invest on a global basis across the life cycle from early-stage private businesses to leading public companies.

Identified below are Core Values the firm holds in high regard and believes are critical for high-performing teams at Sands Capital:

  • Integrity & Trust: Do what is right, not what is popular. Deliver on commitments.
  • Client-Centered: Always act in the best interest of our clients.
  • Commitment to Excellence: Strive to learn and improve. Implement best practices.

Position Summary and Essential Functions

This position will support the private market investing strategies and be responsible for accounting, financial analysis, reporting, and day-to-day support of its clients, known as limited partners (“LPs”).

Specific responsibilities include, but are not limited to, the following:

  • Develop a strong understanding of the private investing platform including complex legal entity structures
  • Develop a strong understanding of the mechanics behind each fund offering including fee structures, calculations, and imputed results
  • Act as the lead and the primary point of contact for day-to-day limited partner and prospective limited partner queries
  • Design and prepare detailed financial analysis including bespoke data requests
  • Design, build, and maintain online data rooms for prospective fund launches
  • Fulfill data requests from regulatory authorities including the SEC, South Africa Financial Services Board, and limited partner-related auditors
  • Prepare financial reports for fund-related Advisory Committees
  • Prepare and coordinate responses for due diligence questionnaires
  • Understand and ensure adherence to the specific limited partner arrangements including Most Favored Nations clauses and side letter agreements
  • Utilize an outsourced fund administration accounting team, managing closely the team’s outputs, and ensuring adherence to its contract
  • Through the fund administration accounting team, maintain books and records of all fund structures and related legal entities including foreign entities and general partner entities
  • Prepare and evaluate capital calls and distributions
  • Prepare and serve as team lead for the annual US GAAP audit work
  • Work closely with tax preparers on annual tax returns and filings
  • Handle ad-hoc projects and other duties as assigned

Skills and Qualifications

  • Bachelor’s degree in Accounting, Finance, or related field
  • At least 7-9 years of Accounting experience; CPA preferred
  • Strong consideration to private markets investment industry experience
  • Excellent written and oral communication skills including the ability to effectively communicate and explain complex matters to varied backgrounds of expertise
  • Financial analysis or analytical experience including the ability to accurately analyze financial documents, create financial analysis responses, and understand the flow of funds in legal structures
  • Ability to accurately analyze and apply US GAAP, income tax basis and cash basis financial reports
  • Experience in designing and implementing process improvements and internal control best practices
  • Expert knowledge of Excel and Accounting Systems and experience with Performance based measurement
  • Highly self-motivated with a positive, “can-do” attitude and ability to successfully collaborate with team members
  • Ability to work successfully in a dynamic, constantly changing environment with the skills necessary to appropriately prioritize workload while handling multiple ongoing projects and deadlines
  • Exhibit behavior consistent with Sands Capital’s mission, values, and culture

Additional Information

To be considered, candidates must submit a resume that specifically outlines your qualifications for the position.

If you wish to apply for this position, please do so via Sands Capital Management’s Careers page at http://sandscapital.com/careers/.

We offer competitive salaries and generous benefits.

Sands Capital is proud to be an Equal Opportunity Employer.  We are committed to providing equal employment opportunities to all applicants and staff members.  For our staff members, equal opportunity includes access to the benefits and privileges that the firm provides to staff members generally. We appreciate the value diversity brings to Sands Capital and are committed to creating an inclusive environment for all staff members.

We evaluate and select qualified applicants without regard to race, color, national origin, age, religion, disability status, gender, sexual orientation, gender identity, genetic information, marital status, veteran status, or any other characteristics protected by applicable federal, state, or local laws. Discrimination of this kind is also strictly prohibited by a variety of federal, state, and local laws, including Title VII of the Civil Rights Act 1964, the Age Discrimination in Employment Act of 1967, and the Americans with Disabilities Act of 1990.

View the “Equal Employment Opportunity is the Law” poster here and its supplement here.

We are committed to working with and providing reasonable accommodations to pregnant individuals, individuals with disabilities, and/or individuals needing accommodation for sincerely held religious beliefs. If you need a reasonable accommodation, please send an e-mail to eciccarello@sandscap.com and let us know the nature of your request and your contact information

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