Senior Accountant, Partnership Accounting
Carlyle Investment Management, LLC

Job Info

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Position Summary

The Senior Accountant takes primary responsibility for the operations of his or her assigned entities. Responsibilities include booking and reviewing entries, cash flow maintenance, tax compliance, investment and distribution activity (transactions) and investor inquiries.

Responsibilities

Daily/Monthly Activity

• Financial Reporting and Compliance: Conduct and oversee the preparation and booking of complex journal entries within the Investran database, ensuring adherence to GAAP, Limited Partnership Agreement, and other regulatory requirements.
• Leadership and Development: Lead, mentor, and provide ongoing training to staff accountants, fostering a culture of continuous improvement and professional development within the team.
• Investor Relations: Serve as a primary contact for investors; create, analyze, and review comprehensive investor reports. Address investor inquiries promptly, providing detailed explanations as required.
• Cash Management: Oversee fund cash management activities, including the review of bank reconciliations, to ensure accuracy and compliance with internal controls and financial policies.
• Reconciliation and Analysis: Perform and supervise the preparation of daily, monthly, or quarterly reconciliations for asset, liability, and equity accounts, identifying discrepancies and implementing corrective actions as needed.
• Financial Documentation and Audit Support: Lead the preparation and review of the Fund's trial balance and supporting documentation, ensuring accuracy and readiness for internal and external audit engagements.

Transactions (capital calls & distributions)

• Capital Management: Calculate and review capital calls, distributions, and waterfalls (if applicable), ensuring accuracy and compliance with fund agreements.
• Investor Communication: Draft and review communications to investors regarding capital transactions, maintaining transparency and fostering investor confidence. Ensure the accurate and timely delivery of these communications, leveraging technology to streamline processes.

General Responsibilities:

• Continuous Improvement: Continually assess and refine accounting processes and systems to enhance efficiency, accuracy, and compliance.
• Cross-functional Collaboration: Work collaboratively with cross-functional teams to ensure a cohesive approach to financial management and investor relations.
• Technology and Innovation: Embrace and integrate new accounting technologies and data analytics tools to enhance financial reporting, analysis, and decision-making processes.

Qualifications

Education & Certificates

• Bachelor's degree, required
• Accounting Major, or equivalent accounting work experience in addition to Bachelor's Degree in another field, required.
• CPA, preferred

Professional Experience

• Minimum 2-4 years prior experience in Accounting (public or private), required
• Demonstrated accounting knowledge with the capability and desire to learn the accounting and financial principles related to private equity and the ability to apply the principles to the tasks at hand

Competencies & Attributes

• Advanced skills in MS Excel
• Knowledge of Microsoft Office products and adaptability to internal accounting software packages (Investran)
• Partnership and/or Tax experience preferred
• Ability to work in a fast paced environment
• Excellent Communication skills (written and oral)
• Ability to apply abstract financial and accounting theory to real world investment scenarios
• Demonstrated ability to work effectively as part of a team
• Strong organizational skills and attention to detail a must

Benefits/Compensation:

The compensation range for this role is specific to DC and takes into account a wide range of factors including but not limited to the skill sets required/preferred; prior experience and training; licenses and/or certifications.

The anticipated base salary range for this role is $110,000 - $115,000.

In addition to the base salary, the hired professional will enjoy a comprehensive benefits package spanning retirement benefits, health insurance, life insurance and disability, paid time off, paid holidays, family planning benefits and various wellness programs. Additionally, the hired professional may also be eligible to participate in an annual discretionary incentive program, the award of which will be dependent on various factors, including, without limitation, individual and organizational performance.

Due to the high volume of candidates, please be advised that only candidates selected to interview will be contacted by The Carlyle Group.

Company Information

The Carlyle Group (NASDAQ: CG) is a global investment firm with $435 billion of assets under management and more than half of the AUM managed by women, across 606 investment vehicles as of June 30, 2024. Founded in 1987 in Washington, DC, Carlyle has grown into one of the world's largest and most successful investment firms, with more than 2,200 professionals operating in 29 offices in North America, Europe, the Middle East, Asia and Australia. Carlyle places an emphasis on development, retention and inclusion as supported by our internal processes and seven Employee Resource Groups (ERGs). Carlyle's purpose is to invest wisely and create value on behalf of its investors, which range from public and private pension funds to wealthy individuals and families to sovereign wealth funds, unions and corporations. Carlyle invests across three segments - Global Private Equity, Global Credit and Investment Solutions - and has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation.

At Carlyle, we value diversity as a key driver of performance and success. Our CEO, Harvey Schwartz, has stated that, "To build better businesses and create value for all of our stakeholders, we are focused on assembling leadership teams with the strongest insights from a range of perspectives." Our aim is to cultivate a community where insights are continually exchanged and different perspectives are embraced. We recognize that diverse teams perform better and we are dedicated to leveraging diversity as a competitive advantage at Carlyle.

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