(212) 406-5800

Senior Accounts Payable Consultant – Newport Beach, CA

Summary: The Alts Finance Team is seeking a temporary consultant to support Alternative Funds accounts payable. The main responsibilities of this role include: managing the timely coding and processing of payables for 50+ Funds, interpreting and applying fund expense policy to determine correct accounting treatment and fund allocations. The position requires communication with vendors, portfolio managers, legal team, accounting team and fund administrator to ensure accurate processing of fund expenses payments.
Timeframe: 6 months

Essential responsibilities/functions: (including the following, other duties may be assigned)
 Develop an understanding of Alternative Funds, their expense policy and Organizational Charts.
 Accurate invoice coding including:
o Working with the controllers, portfolio management, legal and finance team to gather deal information required to accurately code invoices.
o Determining correct accounting treatment
o Calculating expense allocations for multi fund investments
o Obtaining proper invoice approvals
 Prepare payment proposals for approved invoices
 Coordinate with fund custodian and administrator to ensure timely payment and accounting treatment
 Address day-to-day inquiries from internal and external clients
 Audit vendor statements

 Minimum three years of progressive experience in Accounts Payable or Accounting
 Bachelor’s degree in Finance, Accounting, or similar
 Strong sense of responsibility and attention to detail.
 Proven problem-solving and analytical skills
 High quality written and verbal communication skills
 Strong organizational skills, experience managing multiple responsibilities simultaneously, and flexibility to handle daily changing priorities
 Experience working independently as well willingness to work in a team environment to accomplish business objectives
 Proven customer service skills, proactive responding to inquiries from various levels and maintain good working relationships with internal and external contacts.
 Intermediate MS Excel skills using Pivot Tables, VLOOKUP, etc.
 Experience with SAP and/or ReadSoft is a plus