Tax and Fund Accounting Internship
Fund Accountants and Tax Accountants - We are looking for highly motivated professionals to join our expanding team who are looking for experience with tax preparation and fund accounting. We provide accounting, reporting, compliance, and tax services to the investment company ecosystem. We work to be an extension of management and are trusted advisors to all of our fund sponsor clients. Building relationships is the key to our business and we are looking for individuals who want to leverage their accounting and tax education and interact with clients throughout the year. This position will be primarily tax focused with a supplement of fund accounting duties.
Responsibilities include:
- Prepare detailed workpapers that calculate tax adjustments for corporate and pass-through entity tax returns.
- Prepare tax allocation schedules for Schedule K-1 generation.
- Prepare Federal, State, and Local tax returns using CCH Axcess Tax software
- Maintain detailed accounting records and general ledger for multiple venture capital and private equity funds
- Record and monitor accounts receivables and accounts payable and prepare cash reconciliations
- Prepare and monitor capital call and distribution notices to limited partners
- Prepare limited partner capital statements
- Maintain and prepare expense allocations between funds
- Prepare and maintain profit and loss allocations between partners
- Prepare and maintain waterfall distribution calculations for limited partnerships
- Prepare quarterly and annual fiscal closes and prepare financial statements in accordance with GAAP
- Interact directly with fund sponsors and management