Consulting - Fund Operations Analyst
Summary
SandsPoint Capital Advisors is an independent professional services firm delivering support and solutions to the real estate, private equity, and investment management industries. SandsPoint delivers a comprehensive offering of outsourced services that extends beyond accounting and reporting. SandsPoint represents a unique single- provider solution that can address all back and middle office functions. In addition, SandsPoint provides a broad range of consulting services across many functions to meet our clients’ needs.
This role would be primarily working with our client’s fund accounting team and would be responsible for providing fund operations support.
Primary Responsibilities
- Facilitate credit facility interest payments, paydowns, and drawdowns between multiple parties.
- Calculate interest payments and interest accruals by tranche.
- Reconcile each fund’s position (e.g., contributions, distributions, total P&L, gross returns, net returns, IRR, etc.) between management reporting software and accounting schedules, and book adjustments as needed.
- Calculate gross and net investor returns by updating existing IRR calculation with current period cashflows and ending NAV.
- Assist in preparing quarterly and annual regulatory reporting filings, including Form PF, AIFMD, etc., by running activity reports and populating reporting templates.
- Review/confirm management company expenses allocated to the fund by saving down invoice support and ensuring accuracy/completeness. Facilitate expense payments across fund structure.
- Agree standard accounting schedules to investor statements.
- Perform cash reconciliations for 50+ entities.
Qualifications & Skills
- Bachelor’s degree in accounting or finance
- Fund accounting experience is a plus
- 3-4 years of relative experience and available to start as soon as possible
- Working knowledge of MS Excel
- Ability to work independently and in a team environment
- Ability to pay close attention to detail, multi-task, has good organizational skills
- Demonstrates solid and clear communication skills, both verbal and written
- Strong customer service and interpersonal skills – ability to build relationships with clients and peers