Associate - Accounting & Finance StatementsOverviewClearwater is a boutique investment advisory, accounting and governance firm delivering tailored solutions to meet our clients' ever-changing needs. Clearwater has some prominent Asset Managers in New York as clients and is trying to develop a Multi Family Office Back Office business for the Group's large Brazilian base of clients.High level about the Role:The OCFO Services Associate is a key role within the firm and will provide support on the following service offerings: investment fund accounting & reporting oversight, financial analysis, budgeting and forecast, cash management and treasury services, as well as performing management company accounting and operational functions for client organizations. This is a varied and versatile role where client service and back-office functions will need to be carried out.Candidate will have the opportunity to work on a small team, closely with the managing director within a multi jurisdiction group (Cayman, USA, Canada, South Africa and Brazil) and be exposed to a diversity of topics and scenarios, ranging from accounting practices and rules, audit, tax, compliance and FP&A.Reporting Structure:The Associate will report directly to the Managing Director - OCFO Services.Main Duties & ResponsibilitiesAccounting, General Ledger, Administration & OperationsManagement Company Level:Accounting and bookkeeping support at the Company level. That involves managing general ledger on accounting system (Quick Books / Business Central) and perform periodic reconciliation on the accounts.Perform bank reconciliations and expense allocations.Help in quarterly financial statements preparation.Coordinate with third party specialist and process payroll payments.Fund Level:Facilitate the supervision with fund administration team, to ensure proper reporting.Financial Analysis, Budgeting & ForecastingKeep up to date financial budgeting (budget vs. actual) reports including profit and loss for the Company.Financial, Cash Management & Treasury ServicesManage cash flow planning process and ensure funds availability.Manage wire process and banking platforms.After approved, coordinate all disbursements, capital calls, and distributions.After approved, coordinate management fee and carried interest payments.Additional ServicesHelp with counterparties KYC.Help with bank relationship matters.Skills & Experience RequiredBachelor's Degree in Accounting, Finance, Business, or Economics is required.Exceptional written and verbal English communication skills.Microsoft proficient - Word, Excel and Outlook.Knowledge of accounting systems, including Quickbooks is a plus.Minimum 3 years' experience with Financial Statement Preparation, Budget and Forecasting, Cash Management and Treasury.Prior experience in dealing with clients and managing relationships from a service perspective.
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