Walton Enterprises is seeking a skilled, highly motivated and entrepreneurial individual to join the Walton Investment Team (WIT) as a Manager of Fund Accounting. The ideal teammate will have demonstrated strong communication, planning and organizational as well as technical skills related to fund accounting processes and services.
About the Position
You will lead the fund accounting activities across a number of internal funds across multiple asset classes serving foundations and family clients.
Responsibilities
Manage relationships with fund administrators and custodians related to fund accounting
Oversee the monthly and quarterly NAV and financial statement process for assigned funds, including:
Complex private portfolio company transactions and application of manager-provided prices
Coordinate investor subscriptions, redemptions, capital calls, allocations and partner capital statements.
Differing management fee arrangements
Waterfall and carried interest calculations
Gross and net IRR calculations
Preparation of fund budgets and approval of fund expenses
Oversee shadow accounting of Administrator’s records
Help to enhance and expand the internal accounting and operations policies and procedures to ensure best practices are always being followed
Assist operations group on account openings or complex accounting and operational issues
Contribute industry and operational knowledge to projects related to new products or fund launches and coordinate with legal, investments, operations, trading, compliance groups and any external parties
Coordinate year-end data gathering, K-1 collections and provide support to tax department for compliance and tax return preparation and oversee audit process
Collaborate with other departments to prepare financial package presentations and build customized reports
Work with legal team to develop and implement compliance procedures and regulatory reporting including 13F reports
Analyze and prepare recommendations to management on process improvement
Perform other duties as required and necessary to accomplish goals and objectives
Who we are looking for
Qualifications required for your success
BS (or above) in Accounting or Finance
5-10 years of fund, audit, public accounting or administrator experience
CPA, and/or CFA preferred
Experience with Family Office, RIA, private investments, hedge fund and / or fund of hedge fund investing
Knowledge of partnership accounting, closed-end fund structures (closes, capital calls, distributions), private investments fee structures (management fees, carried interest, claw-back), and private portfolio company investment transactions
Experience in multi- asset classes is strongly favored
Accounting systems experience strongly preferred
Knowledge of US GAAP with an emphasis on private funds and partnerships
Knowledge of tax-related topics with partnerships
Strong Excel skills
Ability to multi-task and lead several projects simultaneously in a fast-paced environment with competing priorities
Excellent analytical and communication skills
A collaborative team player, always willing to assist colleagues
Operate with a high level of discretion, and ability to handle proprietary information
Personal attributes that support your success
Ability to act as a trusted advisor to principals and colleagues while demonstrating expertise and integrity
You are helpful, a team player, and show respect while collaborating with others
You are results oriented and exercise sound judgment in your work
A lifelong learner, who is inquisitive and solves problems with bold thinking and innovation
A visionary who plans for the future with imagination and wisdom
You are dedicated to achieving excellence and work with others to tackle the tasks at hand
About Walton Enterprises
Walton Enterprises supports the personal, philanthropic and business activity for the Walton family. We are a family-led organization, supporting multiple generations of Sam & Helen Walton’s family.
Walton Enterprises is an equal opportunity employer and is committed to building and maintaining a culturally diverse workplace that is free of discrimination and harassment of any kind. We encourage women, minorities, individuals with disabilities and veterans to apply. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, veteran status, or any other status protected by the laws or regulations in the locations where we operate.
Basic Qualifications
BS (or above) in Accounting or Finance
5-10 years of fund, audit, public accounting or administrator experience
Experience with Family Office, RIA, private investments, hedge fund and / or fund of hedge fund investing
Knowledge of partnership accounting, closed-end fund structures (closes, capital calls, distributions), private investments fee structures (management fees, carried interest, claw-back), and private portfolio company investment transactions
Knowledge of US GAAP with an emphasis on private funds and partnerships
Knowledge of tax-related topics with partnerships
Strong Excel skills
Ability to multi-task and lead several projects simultaneously in a fast-paced environment with competing priorities
Excellent analytical and communication skills
A collaborative team player, always willing to assist colleagues
Operate with a high level of discretion, and ability to handle proprietary information
