Investment Accountant Salary in Illinois, USA

Private Equity firm hiring Senior Fund Accountant to own ledger for $1bn+ fund.Keys to an interview - Senior Fund Accountant | Private EquityCPA and public accounting foundation preferred4+ years' Fund Accounting experience for private equity fundsKey responsibilities - Senior Fund Accountant | Private EquityLead the month-end close process, coordinating with various teams to ensure all financial data is accurately recorded and reported within established timelines.Conduct valuation of portfolio investments using various methodologies such as market approach, income approach, and cost approach. Prepare valuation packet for committee review.Prepare and review financial statements, including balance sheets, income statements, and cash flow statements, for private equity funds and their underlying investments.Partner with Fund Administrator to oversee day-to-day fund administration activities, including reconciliations, cash management, and expense processing, ensuring timely and accurate recording of financial transactions.Coordinate and facilitate audits by external auditors, providing necessary documentation and support to ensure a smooth audit process and compliance with audit requirements.Prepare and distribute investor reports, including capital account statements, performance summaries, and investor communications, ensuring accuracy and timely delivery to investors.Identify opportunities to streamline and enhance fund accounting processes, implementing improvements to increase efficiency, accuracy, and scalability of operations.Participate in special projects and initiatives as needed, such as fund launches, fund restructuring, and system implementations, contributing expertise in fund accounting and financial reporting.

Job descriptionOur client is a $10bn global multi-strategy, multi-manager hedge fund with a track record spanning over 20 years. They are looking for an Investment Analyst to join one of the most prestigious Industrials Investing teams at the fund.ResponsibilitiesAs a Public Equity Investment Analyst with a specialized focus on industrial stocks, you will play a pivotal role in shaping the investment strategy and driving performance in this sector. Leveraging your expertise in industrial markets and equities, you will contribute to portfolio management decisions and assist in generating alpha for clients.Responsibilities include:• In-Depth Research: Conduct rigorous fundamental analysis on publicly traded industrial companies, evaluating financial statements, market trends, and competitive positioning.• Asset Valuation: Develop comprehensive valuation models to assess the intrinsic value of industrial stocks, utilizing various valuation methodologies, including DCF, comparable analysis, and NAV. • Market Analysis: Stay up-to-date with macroeconomic trends, interest rates, and industry developments that could impact industrial stocks, providing insights to the investment team. • Idea Generation: Identify compelling investment opportunities within the industrial sector, producing well-reasoned and data-driven investment theses.Qualifications• 1-3 years of experience of total work experience in investment banking or private equity• Proficient in corporate level modelling• Excellent academic credentials, Bachelor's degree or above, preferably within a finance, economics or mathematics discipline• Experience in conducting research and due diligence, and producing "client ready" investment materials• Strong quantitative aptitude with a high attention to detail

Work closely with outsourced fund administrator.Oversee preparation of quarterly and annual fund financial statements, capital calls, and distributions.Partnership accounting for private investment funds, which may include alternative investment vehicle structures and various portfolio reporting.Cash management and treasury function exposure. 3+ years of relevant public accounting and/or alternative investment firm experienceCPA requiredWorking understanding of "waterfall" allocations and experience with investment fund accounting preferred.Competitive Market Salary + Bonus

To be considered for a fully remote position, the candidate must have 2-4 years of audit/accounting experience, Venture Debt / Credit Funds experience and be able to work PST hours. Candidates in the SF Bay area have the option to go into the office once or twice a week. Voy is recruiting a Senior Fund Accountant / Financial Analyst position for the Venture Debt division of a top-tier investment manager in the San Francisco Bay area. The fund is over $2b AUM and the team is preparing for a fundraise within the next 12 months. This is a dynamic opportunity with responsabilities across accounting, valuations, FP&A, process improvement and investor relations / fundraising. Responsibilities:Learn and Lead: Understand our venture debt funds business to effectively supervise, coach, and train others, including third-party administrator personnel, on finance and accounting processes.Fund Accounting Coordination: Oversee day-to-day fund accounting activities with our third-party administrator. Review fund transactions and limited partner reports for venture debt funds.Cash Forecasting and Management: Handle periodic cash forecasting, execute capital calls and distributions, and manage borrowings and repayments for our capital call line of credit.Investment Transactions: Collaborate with the third-party administrator, investment team, and operations team to process investment transactions.Debt Facility Reporting: Assist the Finance Manager in reporting to third-party capital providers.Quarterly Reporting: Review quarterly reports to fund investors, including GAAP financial statements, performance reports, and LP capital statements.Investment Valuations: Support the Finance Manager with quarterly investment valuations.Financial Reporting Controls: Own and execute financial reporting controls for the funds.Fundraising Support: Participate in fundraising efforts, including preparing diligence materials, reviewing legal documents, and facilitating fund and investor onboarding during fund closing.Policy Implementation: Recommend and implement policy changes to comply with GAAP and regulatory requirements.Annual Audits and Tax Compliance: Assist with annual audits and tax compliance.Limited Partner Correspondence: Assist with limited partner correspondence.Requirements:BA in Accounting, Finance or related field 2-5 years of relevant accounting experience Public Accounting and CPA license preferred Experience with Private Equity, Credit Funds, Venture Debt, BDCs or Hedge Funds required

About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service. Department Overview: Private Capital Administration provides third-party clients with comprehensive administration, financial accounting, and investor reporting services for their funds. Fund products supported include venture capital, buyout, mezzanine, life sciences, secondaries, fund of funds. Services include assistance with investment and divestment execution, investor drawdown and distributions, financial reporting and investor reporting. Working Model: HybridWe have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home. Job Description: Operates under general supervision but works on own most of the time. Candidate will serve on large and/or complex projects as requested. Must be technically competent to act as first point of reference for day-to-day queries while serving as a liaison to related areas. Have both broad and in-depth knowledge in chosen field, plus strong knowledge of related areas. Carries out relatively complex, extensive, high profile activities e.g. direct interaction with committees and more senior management. Demonstrates excellent analytical, consultative and communication and judgment skills. May lead projects and/or train lower-level staff. Focus on maintenance and implementation of policies and procedures in the function while building towards becoming a stronger area expert. Major Duties: Responsible for performing a variety of accounting, analytical, & financial reporting duties ensuring client and investor activity reporting is prepared and completed appropriately.Serves as a technical accounting expert without management responsibilities and is seen as a subject matter expert and key advisor on significant business/accounting decisions to team and partners.Assists in preparing, compiling, and verifying external client and regulatory reporting.Prepares financial information for stockholders/investor reports.Researches and assists in interpreting the impact of recent accounting developments in the division. Disseminates findings to manager and other partners involved.Communicates with partners to resolve discrepancies or provide assistance on accounting or disclosure issues.Conducts special analysis and projects as assigned and prepares reports of detailed findings for management review.Helps train and monitor performance of team members, co-workers and client deliverables. Knowledge/Skills: This position is technical and service oriented. Knowledge of private equity accounting normally acquired through a four year degree program or related work experience is required to perform private equity administration, financial accounting and reporting duties.Knowledge of federal, state, and local regulatory reporting usually acquired through related work experience is necessary to prepare reports.Analytical skills and problem solving skills are necessary to utilize financial data and prepare reports.The ideal candidate must have strong personal computer skills and be well acquainted with Microsoft Excel, as they are required to prepare financial reports and to utilize on-line and mainframe systems.Experience with Investran preferred.#LI-GG1#LI-HybridQualifications - External3-4 years of private equity accounting experience with a related business degree is a must with a minimum of 3 years client servicing or related experience. We are looking for individuals who have the ability to work effectively in a team environment, exhibiting initiative, leadership, and flexibility.The ideal candidate will have a formal education in accounting and/or related business degree, CPA accreditation, understand the complexities of the private equity markets via their past work experience and have experience with Investran and MS Suite of Systems (Excel/Access/Word) (intermediate/advanced level).Experience with clients in the Real Estate and/or Private Debt industry preferred Working with Us: As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreaterReasonable accommodation Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [email protected] .We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.Apply today and talk to us about your flexible working requirements and together we can achieve greater.

About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.Department OverviewPrivate Capital Administration provides third-party clients with comprehensive administration, financial accounting, and investor reporting services for their funds. Fund products supported include venture capital, buyout, mezzanine, life sciences, secondaries, fund of funds. Services include assistance with investment and divestment execution, investor drawdown and distributions, financial reporting and investor reporting.SummaryThe Private Capital Accountant operates under general supervision but works independently most of the time. Candidate will serve on large and/or complex projects as requested. Must be technically competent to act as first point of reference for day-to-day queries while serving as a liaison to related areas.Have both broad and in-depth knowledge in chosen field, plus strong knowledge of related areas. Carries out relatively complex, extensive, high profile activities e.g. direct interaction with committees and more senior management.Demonstrates excellent analytical, consultative and communication and judgment skills. Focus on maintenance and implementation of policies and procedures in the function while building towards becoming a stronger area expert.Working Model: Hybrid We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home. Knowledge/SkillsThis position is technical and service oriented. Knowledge of private equity fund products and services for specified area, usually obtained through training or related work experience, is required to service clients. Communication and negotiation skills are required to ensure client satisfaction. Analytical skills are required to research and resolve problems. Leadership and organizational skills are needed to prioritize complex assignments and demonstrate technical knowledge.Major DutiesEstablishes & cultivates working relationship with clients, external legal and accounting firm relationships and internal partners.Carry out relatively complex, extensive, high profile transactions surrounding all PE Fund activity e.g. capital calls, distributions, investment purchases, divestments, carried interest calculations, expenses, income, gains, fees, etc. ensuring they are executed according to standard policies and procedures.Be technically competent to act as first point of reference for day-to-day queries while performing review/verification/accounting/audit processes (daily and periodic) accurately.Search for ways to eliminate recurring problems/issues as they arise.Ensure all daily or periodic tasks are completed according to client specific administration & service level agreements.Ensure work-flows, files, and back up coverage are setup and maintained within guidelinesPrepare, validate and/or assist in the preparation of PE accounts, PE reporting, financial statements, financial audit reporting and/or specific client reporting, including, but not limited to, accruals, monthly, quarterly, and/ or annual tax/financials packages for fund, portfolio company level and LP investor reporting as per administration & service level agreements.Analyze, research, and ensure appropriate reconciliations surrounding PE investment activity/data i.e. bank accounts, expenses, income, gains, withholding are completed accurately and timely. Ensure all financial reporting/information to clients/investors is reviewed, validated for accuracy prior to dissemination.Utilize all department systems as required to complete daily and periodic functions including, but not limited to; Investran (Accounting, Portfolio and Investor Manager, RM Contact, Report wizard, Reporting Services), SharePoint, Microsoft Excel/Access/Word.Lead/participate in implementing new technology and efficiency initiatives/projects as needed.#LI-GG1#LI-HybridQualifications2-3+ years of staff accounting experience and/or private equity fund accounting/administration experience is preferred with a minimum of 2 years client servicing or related experience.We are looking for individuals who have the ability to work effectively in a team environment, exhibiting initiative, leadership, and flexibility.The ideal candidate will have a formal education in accounting and/or related business degree, , understand the complexities of the private equity markets via past experience, and have experience with Investran, MS Suite of Systems (Excel/Access/Word) (intermediate/advanced level). Working with Us: As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreaterReasonable accommodation Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [email protected] .We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.Apply today and talk to us about your flexible working requirements and together we can achieve greater.

Invenergy drives innovation in energy. Powered by decades of entrepreneurial experience and unparalleled execution, we solve the energy challenges facing our customers and communities. We provide power generation and storage solutions at scale around the world to create a cleaner energy future. We develop. We build. We own. We operate. We are Invenergy.Job DescriptionPosition OverviewJob Description SummaryThe Financial Reporting Senior Accountant will be responsible for daily activities performed by the Financial Reporting team, including creation of quarterly and annual financial statements and footnotes, consolidating Excel schedules used for financial reporting support, accounting for equity method investments, monthly consolidation processes, assisting with other financial reporting responsibilities and process improvements. This position will also work closely with external auditors and other Invenergy departments, including other accounting departments. This position is best suited for an individual who has strong analytical skills, a working knowledge of financial statement preparation and US GAAP and a desire to further advance their knowledge around all things financial reporting. The Financial Reporting Senior Accountant will work closely with the Financial Reporting Manager and Senior Manager.ResponsibilitiesPrepare and review quarterly and annual financial statements (balance sheet and statements of operations, equity and cash flow) and annual footnotes for wind, solar, and thermal energy power projects and related entitiesPerform analytics to review reporting variances / activityWork with external auditors to provide annual financial statements and footnotes, audit information, and other documents and worksheets as needed to support successful completion of year-end auditCompile and analyze financial information for internal and external reportingAssist in calculating impairments and other accounting areasAssist with coordinating and sending reporting requirements to external partiesUtilize Microsoft Excel and other tools to create schedules and annual reportsUtilize Workiva/Wdesk for quarterly and annual financial statements and internal reportingAssist the Financial Reporting group in developing process improvements and increase efficiencies within the departmentAssist in researching technical accounting issues and analyzing the impact on financial statementsContribute to the development of accounting policies, procedures, and methodologiesRequired SkillsBachelor's degree in accounting or finance from an accredited college or university2+ years of accounting experienceExisting understanding and knowledge of GAAPProficient skills in Excel and other Microsoft Office productsResponsible and dependable, with an exceptional work ethicPreferred SkillsCPA preferredMulti-entity organization, SEC company or Public accounting firm experience preferredAbility to adhere to monthly, quarterly and annual department driven deadlinesAbility to multi-task and manage shifting priorities and deadlinesStrong analytical abilities and attention to detail with ability to self reviewAbility to work both independently and in a team environmentStrong coordination / organizational skills with attentiveness to timelinesExperience with Workiva/Wdesk product and/or Oracle Fusion preferredAbility to communicate clearly and effectively with individuals within a variety of business units and external organizationsEligible to work in the United States without the need for employer visa sponsorship now or in the future.BenefitsEligible for medical, dental, vision, 401(k), bonus, paid time off, etc.Invenergy LLC is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.

FMG is seeking a Senior Accountant that will work closely with the CFO and Executive Team to build out an internal audit function, execute excellent financial reporting, and prepare and present financial analysis.First Midwest Group (FMG) is a regional leader in commercial real estate, land development, and operating businesses. FMG has a dynamic and growing passive investment portfolio with investments in VC, PE, Real Estate, and Public Equities, covering five continents. First Midwest Group has developed thousands of acres of land into new business opportunities, jobs, and centers of the communities we serve. FMG distinguishes itself through its entrepreneurial environment, intellectual curiosity, financial discipline, and opportunistic investment approach.The ideal candidate is curious about numbers, data, and business; an entrepreneurial mindset is a plus. This is an excellent opportunity to learn about a diverse range of businesses and be part of the core accounting team for a growing enterprise.The role will get to work on all business lines of FMG, including:Commercial Real EstateMulti-FamilyOperating Businesses, including: Cannabis, Gaming, Hospitality, Self-Storage, and Senior HousingESSENTIAL FUNCTIONS:The essential functions or duties listed below are intended only as an illustration of the various types of work that may be performed. The omission of specific statements of duties does not exclude them from the position if work is similar, related, or a logical assignment to the position.Assist CFO and Controller with Maintaining Excellent Accounting Processes including:Producing error-free accounting reports and presenting their resultsPreparing financial statements and producing budgets according to scheduleSupporting month-end and year-end close processAssisting with tax audits, tax returns, and year-end workpaper preparationAnalyzing financial information and summarizing financial statusSpotting errors and suggesting ways to improve efficiency and spendingInvestigating Budget Variances and Reporting FindingsCreating and Implementing Internal Audit ProcessesDetermining ways to cut costs and improve profitabilityConducting ad hoc research into identified areas of concern or riskAssisting with Valuation of AssetsManaging accounting assistants and bookkeepersDirecting internal audits to ensure compliance with First Midwest Group standards and processesDeveloping and documenting business processes and accounting policies to maintain and strengthen internal controlsImproving financial proceduresSupporting Leasing and Development with Financial Analysis, including Net Rent AnalysisUpdating, Maintaining, and Reporting on KPIs for FMG Commercial RE PortfolioPresenting findings to upper management in the form of reports and presentationsConstruction Project Close-OutsProject(s) Profitability AnalysisEDUCATION AND IDEAL QUALIFICATIONS:• Bachelor's Degree is required, Masters, a plus• Proficient with MS Office applications (Excel, Word, Outlook, and Power Point),• Exceptional Accounting Skills• Analytical thinking with strong conceptual and problem-solving skills.• Organized with the ability to manage competing priorities,• Strong analytical, interpersonal and communications skills,• High degree of integrity; strong moral character

Our client is a family office dedicated to managing the financial affairs and investments of their high-net-worth family clients. They offer a range of services including wealth management, estate planning, tax preparation, and investment advisory. Our team is committed to providing personalized and comprehensive financial solutions. We are seeking a skilled Accountant with public accounting experience and a CPA designation to join their close-knit team.Responsibilities:Prepare and maintain financial records, ensuring accuracy and compliance with relevant regulations.Manage general ledger entries and reconciliations.Prepare and analyze financial statements, including balance sheets, income statements, and cash flow statements.Assist with budgeting, forecasting, and variance analysis.Handle tax preparation and filings for individual and business entities.Assist in managing investment portfolios and tracking performance.Collaborate with other team members to provide comprehensive financial support to clients.Perform other accounting duties and ad-hoc projects as required.Qualifications:Bachelor's or Master's Degree in AccountingCPA designation2+ years of experience in public accountingStrong knowledge of accounting principles, practices, and regulationsProficiency in accounting software and Microsoft Office Suite, particularly ExcelExcellent analytical and problem-solving skillsStrong attention to detail and organizational skills.Ability to work independently and as part of a teamExcellent communication and interpersonal skillsExperience working with high-net-worth individuals or family offices is a plusBenefits:7% annual 401K contribution (no employee match required, immediate vesting)100% paid benefitsPaid paternity and maternity leave20 PTO DaysLunch provided every Monday

About Livingstone: Livingstone is an international mid-market M&A and debt advisory firm. We have deep industry expertise and extensive global coverage, with dedicated teams across our offices serving five industry verticals: Business Services, Consumer, Healthcare, Industrial, and Media & Technology. We are committed to working with innovative middle-market companies with a proven track record of delivering tailored solutions and quality outcomes for private businesses and financial sponsors.We are currently looking to add an Analyst to our investment banking team in the Chicago office.Livingstone Analysts have the opportunity to be a part of a team that offers compelling, challenging, and rewarding work as well as direct, daily exposure to clients. Your personal and professional growth will be accelerated by working alongside senior bankers who have a vested interest in your development.As an Analyst, you will work on multiple live deals simultaneously alongside and in support of senior bankers, creating marketing materials, building financial models and analyses, and researching industries or sectors as directed by senior bankers. Specifically, as an Analyst your responsibilities will include, among others:Responsibilities: Financial modeling and analysisDrafting detailed client information presentations and other marketing materialsManaging due diligence & online data roomsAttending client meetings and drafting sessionsAny other work necessary to source & execute transactionsQualifications: At least one year as an investment banking analyst, financial advisory consultant, or public accountant (Big 4 strongly preferred) Detail oriented with strong analytical abilitiesExcellent mathematical, writing, verbal and computer skillsAbility to adapt to new tasks with little noticeAbility to manage expectations of senior bankers while working on projects simultaneouslyStrong understanding of accounting and financeAmbitious and self-driven with an ability and willingness to work long hoursBachelor's degree in business, finance, accounting, or economics Outstanding academic achievement and track record of successAdditional informationLivingstone Partners is an equal opportunity employer. It complies with all laws and regulations that prohibit discrimination in employment practice because of race, color, religion, creed, ancestry, marital status, gender, age, national origin, sexual orientation, unfavorable discharge from the military service or on the basis of a physical or mental disability that is unrelated to the employee's ability to perform the duties of the job applied for.All your information will be kept confidential according to EEO guidelines.