Associate - Fund Accounting

Bridge Investment Group•Sandy, UT

About The Position

Make an impact The Associate, Fund Accountant will be responsible for preparing fund financial statements, and investor reports and play a key role in all financial reporting processes. This position will report to a Fund Controller who oversees multiple funds within one of Bridge Investment Group’s investment strategies. As the senior fund accountant in a financial reporting team, you will be exposed to complex fund structures and concepts. You will have the opportunity to develop subject matter expertise and take on a mentorship role for junior analysts. Maintain fund accounting databases. Ensure accurate and timely recording of general journal entries. Daily reconciliation of cash accounts Perform daily/monthly/quarterly reconciliations of investment positions and fair market values. Calculate and record asset-based and performance fees, for example: management fees, placement agent fees, carried interest and incentive fees. Interact with investment managers to resolve questions and reconcile differences. Generate quarterly financial statements, accompanying notes, and supporting schedules. Provide year-end audit coordination services. What you should bring BS in Accounting or MAcc required. 3-5 years of overall accounting experience Minimum two years of fund accounting experience required. Experience with Alternative Investments - private equity and/or hedge funds Experience with Advent Geneva and Geneva World Investor, or other equivalent software CPA Certification preferred (or actively pursuing certification) Ability to understand Fund legal structures, investment objectives, and fee structures. Display a firm understanding of GAAP accounting concepts and principles. Excels at operating in a fast-paced, deadline-driven, collaborative environment. Must be a team player, self-starter, well-organized, and able to manage multiple projects concurrently. Advanced MS Excel and strong written and verbal communication skills Strong detail orientation What You Can Join Bridge Fund Financial Services is a full-service alternative investment fund administrator providing real-time coordination, value-added services, and detailed reporting to Bridge Investment Group and its investors. We proactively cultivate a culture of excellence, positivity, and opportunities for development and growth within our fund administration, fund analytics, and investor servicing teams. Our team members are energetic, innovative, collaborative, flexible, and forward-thinking individuals willing to take pride and ownership of their duties, which go hand in hand with Bridge’s uncompromising values of teamwork, excellence, accountability, empowerment, and responsibility. What we offer Full Insurance benefit suite including Medical Insurance, Dental Insurance, Vision Insurance, Critical Illness Insurance, Accident Insurance, Short Term Disability, Legal & Identity Theft Insurance, and Pet Insurance. Company paid Life Insurance (option to buy additional available) and Long-Term Disability. Access to benefits concierge service. Access to Mental Health & Well-Being service. 401K:Bridge Investment Group will match your contributions dollar-for-dollar, up to 6% of your pay. These contributions are fully vested immediately. Eligible employees are automatically enrolled at a 4% contribution rate. The employee must be at least 21 years of age and have worked for the Company for at least 60 days. Paid Time Off: Employee will accrue 5.23 hours of paid time off per pay period for a total of 17 days per year. 11 Paid Holidays per year. Following six (6) months of employment at the Company, you will be eligible per birth, adoption or placement of a child for four (4) weeks of paid parental leave as the primary caregiver to the child or two weeks of paid parental leave as the secondary caregiver to the child. Following two years of employment at the Company, you will be eligible for twelve weeks of paid parental leave per birth, adoption, or placement of a child if you are the primary caregiver of the child. Tuition Reimbursement: Up to $5,000 per year of pre-approved tuition expenses will be reimbursed upon submission of approved documentation. Repayment obligations may apply if employment terminates prior to 24 months. We at Bridge acknowledge and appreciate the uniqueness of each individual, understanding that our people are the key to our success. We are committed to fostering an inclusive environment where everyone feels respected and valued. Our dedication extends beyond our business goals to making a positive impact in our communities and upholding Sustainability and Responsibility (S&R) principles at our properties and corporate locations. We evaluate all candidates based on merit, without any discrimination based on race, color, religion, sex, age, disability, sexual orientation, national origin, or any other category protected by law. As an equal opportunity employer, we are devoted to creating an inclusive hiring process. We actively work to eliminate barriers and provide reasonable accommodations to qualified individuals with disabilities. Our goal is to provide fair opportunities and access throughout the recruitment, hiring, and employment experience. Your specific needs are important to us. If you need accommodations related to a disability or any other protected status during the recruitment process, please email talentsupport@bridgeig.com. Want to talk with someone about Bridge Culture? At Bridge, we understand that joining a new workplace is a significant decision. To help you gain deeper insights into our culture, we offer "Culture Conversations." This initiative reflects our commitment to transparency, diversity, and inclusivity. Culture Conversations are voluntary, one-on-one sessions designed for applicants to connect directly with our diverse staff members. It's your chance to explore the Bridge work environment, ask questions, and get a genuine feel for what it's like to be part of our team. How it Works: Culture Conversations are entirely voluntary. Feel free to opt in based on your comfort and curiosity. Choose Your Conversation Partner: We believe in the power of choice. Browse through our diverse group of staff members and select someone you'd like to have a conversation with. This ensures that you connect with someone whose experiences and insights align with your interests. No Impact on the Hiring Process: Your decision to participate or not in Culture Conversations has no bearing on the hiring process. We value your time and references. Why Participate: You get to have a firsthand understanding of our workplace culture. Informed decisions lead to fulfilling careers. Culture Conversations empower you with the information needed to make the right choice for your professional journey. Personalized Connection: Connect with an employee who resonates with your professional interests. Inclusivity: Embrace diversity by choosing a conversation partner from various backgrounds and roles. Want to talk with someone about Bridge Culture? Bridge Investment Group Powerd by Apollo, is committed to fostering an environment where all individuals have the opportunity to thrive. We focus on removing barriers and enhancing access to career opportunities by evaluating candidates based on skills and experience. As an equal-opportunity employer, we provide reasonable accommodations and ensure a fair and transparent hiring process. Our efforts extend beyond recruitment as we continuously refine our workplace practices to support growth, development, and long-term success for all employees. Interested in Learning More About Bridge Culture? Joining a new workplace is a big decision, and we want to help you make an informed one. Our Culture Conversations offer applicants the chance to connect with current employees for an open, one-on-one discussion about life at Bridge. How It Works: Participation is completely voluntary. Choose a team member to speak with based on your interests. These conversations have no impact on the hiring process. Why Join? Gain firsthand insight into our workplace culture. Connect with employees who share your professional interests. Make a confident and informed career decision.

Requirements

BS in Accounting or MAcc required
3-5 years of overall accounting experience
Minimum two years of fund accounting experience required
Experience with Alternative Investments - private equity and/or hedge funds
Experience with Advent Geneva and Geneva World Investor, or other equivalent software
Ability to understand Fund legal structures, investment objectives, and fee structures
Display a firm understanding of GAAP accounting concepts and principles
Excels at operating in a fast-paced, deadline-driven, collaborative environment
Must be a team player, self-starter, well-organized, and able to manage multiple projects concurrently
Advanced MS Excel and strong written and verbal communication skills
Strong detail orientation

Nice To Haves

CPA Certification preferred (or actively pursuing certification)

Responsibilities

preparing fund financial statements
investor reports
Maintain fund accounting databases
Ensure accurate and timely recording of general journal entries
Daily reconciliation of cash accounts
Perform daily/monthly/quarterly reconciliations of investment positions and fair market values
Calculate and record asset-based and performance fees, for example: management fees, placement agent fees, carried interest and incentive fees
Interact with investment managers to resolve questions and reconcile differences
Generate quarterly financial statements, accompanying notes, and supporting schedules
Provide year-end audit coordination services

Benefits

Full Insurance benefit suite including Medical Insurance, Dental Insurance, Vision Insurance, Critical Illness Insurance, Accident Insurance, Short Term Disability, Legal & Identity Theft Insurance, and Pet Insurance
Company paid Life Insurance (option to buy additional available) and Long-Term Disability
Access to benefits concierge service
Access to Mental Health & Well-Being service
401K:Bridge Investment Group will match your contributions dollar-for-dollar, up to 6% of your pay. These contributions are fully vested immediately. Eligible employees are automatically enrolled at a 4% contribution rate. The employee must be at least 21 years of age and have worked for the Company for at least 60 days
Paid Time Off: Employee will accrue 5.23 hours of paid time off per pay period for a total of 17 days per year. 11 Paid Holidays per year
Following six (6) months of employment at the Company, you will be eligible per birth, adoption or placement of a child for four (4) weeks of paid parental leave as the primary caregiver to the child or two weeks of paid parental leave as the secondary caregiver to the child. Following two years of employment at the Company, you will be eligible for twelve weeks of paid parental leave per birth, adoption, or placement of a child if you are the primary caregiver of the child
Tuition Reimbursement: Up to $5,000 per year of pre-approved tuition expenses will be reimbursed upon submission of approved documentation. Repayment obligations may apply if employment terminates prior to 24 months

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