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Senior Investment Accountant - Private Equity
Title:Senior Investment Accountant - Private Equity
Location:Grand Rapids, MI
Job Type :Full-time
Company:OA Private Capital
The Opportunity
OA Private Capital, an affiliate of RDV Corporation, manages an alternative asset portfolio that specializes in private equity and seeks to offer clients a single access point to middle-market private equity sponsors across private equity, private credit, and secondary strategies. OAPC continues to experience rapid growth, creating a fast-paced and dynamic work environment for its employees.

The Senior Investment Accountant will be responsible for assisting in the accounting and financial statement reporting of numerous private equity funds and review work performed by the third-party fund administrator and internal OAPC Staff. The ideal candidate will have a strong accounting background with experience in, or the ability to learn, the fundamentals of private equity and partnership accounting.

As an OAPC team member, the successful candidate will grow professionally and create value for the firm by: (i) assisting the Accounting Managers with the daily maintenance of numerous private equity funds, (ii) providing quality reviews of investor facing materials, including partner capital statements, financial statements, and other marketing and reporting deliverables, (iii) collaborating with OAPC team members and third-party service providers in a professional, service-oriented, and fast-paced work environment; and (iv) assisting the accounting team with implementing process improvements and potential policies and procedures.

Our Unique Benefits
At OA Private Capital, we are intentional about enriching our culture and employee experiences through a unique blend of benefit offerings that include:
  • Robust health insurance options with competitive employer contributions.
  • 401k retirement plan with a generous employer match of up to 7.5%.
  • Competitive bonus program (position dependent).
  • Grab and Go Deli/Market with employer-provided account credit of $650/year.
  • Paid Time Off (PTO) starting at 22 days per year in addition to paid holidays.
  • Fun culinary experiences and connecting with co-workers at monthly catered lunches, free of charge to employees.
  • Employer paid parking in the heart of downtown Grand Rapids.
  • Education and training reimbursement programs.
  • Discounted memberships to MVP Sportsplex.

What You'll Do
  • Perform daily accounting functions and processes for numerous private equity funds including detailed reviews of accounting records.
  • Play a key role in the implementations of multiple cutting-edge IT systems.
  • Provide support in the onboarding of new private equity funds to the accounting platform.
  • Develop a deep understanding of management fee, carried interest and investment and fund-level investment performance calculations.
  • Prepare investor capital activity notices and assist in distribution via secure portal.
  • Obtain necessary accounting support for formulating responses to investor inquires.
  • Lead the coordination of the accounting team’s review of the semi-annual investment valuations.
  • Review the allocation of expenses to the private equity funds and the management company. Ensure all expenses charged comply with applicable governing documents.
  • Facilitate the annual audit process of the private equity fund financial statements and actively engage with and provide necessary information to the external auditor.
  • Apply and document current policies, procedures, and best practices. Actively participate to improve fund administration workflows and strive for process efficiencies.
  • Execute other projects as assigned.

What You'll Bring
  • Bachelor’s degree in Accounting; CPA preferred.
  • Minimum of three years of experience required in a corporate accounting role or with a public accounting firm.
  • Familiarity with investment and partnership accounting a plus.
  • Strong attention to detail with emphasis on accuracy and quality.
  • Excellent organizational skills with ability to initiate, prioritize, and follow through on projects.
  • Demonstrates a professional demeanor and has the desire and ability to operate in a collaborative team environment.
  • Self-starter with ability to manage processing and reviewing voluminous data for numerous private equity funds and investors.
  • Proficiency with Microsoft software, specifically Excel.
  • Discretion in handling sensitive, highly confidential information.
This opening is closed and is no longer accepting applications
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