July 23, 2024


Costing Accounting Everyday

Fund Accounting Manager | eFinancialCareers

Sands Funds is trying to get a dynamic Fund Accounting Manager to sign up for the Non-public Marketplaces Crew. This place will assist the swiftly increasing non-public sector financial commitment strategies and be responsible for accounting, fiscal analysis, reporting, and working day-to-day assist of its shoppers, acknowledged as limited associates (“LPs”).

Position Duties:

Acquiring a solid understanding of the non-public investing platform including sophisticated legal entity structures

Developing a strong comprehending of the mechanics behind each and every fund presenting which include payment constructions, calculations, and imputed outcomes

Employing an outsourced fund administration accounting crew, handling closely the team’s outputs, and making certain adherence to its agreement

By means of the fund administration accounting group, retaining books and documents of all fund structures and relevant legal entities like international entities and general spouse entities

Getting ready and analyzing money calls and distributions 

Making ready and serving as team lead for the annual US GAAP audit work 

Performing intently with tax preparers on annual tax returns and filings 

Acting as the direct for working day-to-working day constrained associate and prospective minimal associate queries

Planning and preparing in-depth economical examination including bespoke information requests

Developing, building, and keeping on the internet details rooms for prospective fund launches 

Fulfilling details requests from regulatory authorities together with the SEC, South Africa Money Services Board, Cayman Islands regulatory authorities and limited companion-related auditors

Making ready financial reports for fund-linked Advisory Committees

Preparing and coordinating responses for owing diligence questionnaires 

Knowledge and making sure adherence to the certain confined companion preparations which include Most Favored Nations clauses and side letter agreements

Carrying out other qualified obligations, as desired and

Exhibiting behaviors dependable with Sands Capital’s mission, values, and culture.


Abilities and Qualifications:

B.S. or B.A. diploma in Accounting, Finance, or associated field

At minimum 7-9 decades of accounting experience CPA preferred

Powerful consideration to private marketplaces expense field expertise

Excellent composed and oral communication abilities which include the potential to proficiently talk and clarify elaborate matters to various backgrounds of knowledge

Economic examination or analytical practical experience which includes the means to properly evaluate fiscal files, build economical evaluation responses, and understand the movement of resources in legal constructions

Skill to properly review and apply US GAAP, cash flow tax foundation and hard cash basis fiscal reviews

Practical experience in designing and employing process enhancements and interior handle ideal practices

Professional expertise of Excel and Accounting Programs and knowledge with Performance based measurement

Really self-motivated with the potential to properly collaborate with staff members

Ability to operate productively in a dynamic, continuously modifying surroundings with the techniques important to properly prioritize workload whilst managing multiple ongoing jobs and deadlines


Values for Achievements at Sands Cash: 

Aim: Identify and concentrate on “what matters”

Prolonged-Term Perspective: Enjoy that time permits audio conclusions to reveal their worthy of. Keep away from short-time period thinking

Unbiased Considering: Have the courage to establish and articulate your very own convictions. Debate other individuals openly and truthfully

Teamwork: Collaborate to gather points, develop viewpoint, create conviction, and assistance timely final decision-earning

Optimistic “Can-Do” Perspective: Display a willingness to tackle any activity

Graciousness: Reflect kindness and courtesy at all times

Stability: Love your do the job though balancing professional things to do with pursuits beyond the agency

Meritocracy: Know that talent and accomplishment will push your success at Sands Money


How to Utilize:

To be regarded as, candidates must post a resume that exclusively outlines your skills for the posture. If you would like to apply for this posture, make sure you do so via Sands Cash Management’s Occupations web site at http://sandscapital.com/occupations/.