AP Associate - Alternative Investment Manager

Our client, a global alternative investment manager, is excited to welcome an Accounts Payable Associate to their growing team in Los Angeles, CA. Focused on real estate, credit, private equity, and infrastructure, this is an excellent opportunity to join a collaborative environment. The role offers a hybrid schedule, providing the ideal balance of flexibility and in‑person connection!

Job Function

• Maintain the fund’s general ledger and trial balances.
• Prepare consolidated accounts and investor reports for investment funds.
• Facilitate and process wire payments to and from underlying investment partnerships.
• Prepare and review financial statements for accuracy and completeness.
• Track fund activity and maintain accurate transaction records.
• Create and deliver reports for internal and external stakeholders, including fund transactions and interest earned.
• Calculate the Net Asset Value (NAV) by assessing the total value of the fund’s assets and liabilities.

Job Requirements

• 1-3 years of fund investment accounting experience coming from Private Equity.
• Bachelor's Degree in Accounting or Finance required.
• MS Excel + Word experience required.
• Experience with credit products required.
• Must have experience with Travel and Expense (T&E) processes.

Disclosure: The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

ITSAF

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