Manager Investment Fund Accounting

Manager Investment Fund Accounting

The Manager Investment Fund Accounting is an integral part of Latham's Treasury team. This role will be responsible for overseeing and maintaining accounting records of private investment funds, including general ledgers, partners' capital, and related financial statements and tax reporting, while confirming accurate journal entries, reconciliations, and fund accounting operations, including capital calls, distributions, cost allocations, monthly reporting packages, and investor capital activity. This role will be located in our Global Services Office in downtown Los Angeles. Please note that this role may be eligible for a flexible working schedule that allows for a hybrid and in-office presence.

Responsibilities & Qualifications

Other key responsibilities include:

• Reviewing subscription documents, including Know Your Customer questionnaires, investor documentation, and related bank or brokerage forms
• Contributing to special projects for Investment Accounting or Treasury teams such as lead investor database implementation or ad-hoc reports on various topics as needed
• Partnering closely with investment committees, internal teams, and banking or brokerage firms, and communicating with investors and other stakeholders with a strong customer-service focus
• Driving the setup of new investment fund vehicles and supporting fund dissolutions
• Ensuring the accuracy, completeness, and integrity of annual fund financial statements, and liaising with auditors on agreed-upon procedures and audits
• Ensuring compliance with applicable regulatory requirements
• Protecting and maintaining any highly sensitive, confidential, privileged, financial, and/or proprietary information that Latham & Watkins retains

We'd love to hear from you if you:

• Possess organizational skills needed to manage time effectively, prioritize tasks, and handle multiple deadlines
• Demonstrate self-motivation, strong attention to detail, and accountability for completing assigned tasks while identifying opportunities for process improvement
• Exhibit the ability to develop and train others on alternative investments and capital transactions

And have:

• A bachelor's degree in accounting or a related field
• A minimum of seven (7) years of fund accounting experience, preferably within private equity or alternative investments
• Experience reviewing subscription documents and fund agreements, preferably
• A Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) designation, preferably

Benefits & Additional Information

Successful candidates will not only be provided with an outstanding career opportunity and welcoming environment, but will also be provided with a generous total compensation package with bonuses awarded in recognition of both individual and firm performance. Eligible employees can participate in Latham's comprehensive benefit program which includes:

• Healthcare, life and disability insurance
• A generous 401k plan
• At least 11 paid holidays per year, and a PTO program that accrues 23 days during the first year of employment and grows with tenure
• Well-being programs (e.g. mental health services, mindfulness and resiliency, medical resources, well-being events, and more)
• Professional development programs
• Employee discounts
• Affinity groups, networks, and coalitions for lawyers and staff

Latham & Watkins is an equal opportunity employer. The Firm prohibits discrimination against any employee or applicant for employment on the basis of race (including, but not limited to, hair texture and protective hairstyles), color, religion, sex, age, national origin, sexual orientation, gender identity, veteran status (including veterans of the Vietnam era), gender expression, marital status, or any other characteristic or condition protected by applicable statute.

Latham & Watkins LLP will consider qualified applicants with criminal histories in a manner consistent with the City of Los Angeles Fair Chance Initiative for Hiring Ordinance (FCIHO)?. Please click the link below to review the Ordinance

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Pay Range: USD $150,000.00 - USD $180,000.00 /Yr.