Author: GoingConcern

Job of the Day: Jefferies & Company Needs a Senior Accountant

Jefferies & Company is looking for an experienced accountant to join its Corporate Financial Accounting Department in Los Angeles.

Candidates need three to six years of experience and a CPA is desired. Experience with investment banking or related financial services businesses is preferred.


Company: Jefferies & Company, Inc.

Title: Senior Accountant, Corporate Financial Accounting

Location: Los Angeles, CA

Description: This role will support the corporate controllers team in the financial accounting and reporting for compensation and benefits expense.

Responsibilities: Prepare journal entries related to the commission based sales force and performance based teams; Develop compensation models to compute applicable drivers and rules dictated by complex employment agreements and compensation plans; Prepare actual and forecasted financial reporting packages highlighting revenue and related compensation; Interact and collaborate with multi-functional groups throughout the company, including operating business units, corporate finance, legal, compliance, etc., to accomplish tasks and objectives.

Qualifications/Skills: 3 to 6 years in financial accounting and reporting, CPA designation desired; Investment bank and institutional sales and trading or related financial services industry experience desired; Expertise in gathering, manipulating, analyzing financial and accounting data; Advanced user of Microsoft Excel, Access, and PeopleSoft General Ledger.

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

Job of the Day: Arizona American Water Needs a Financial Analyst

Arizona American Water is looking for an experienced professional with an accounting or finance background to fill a Intermediate Financial Analyst position in Phoenix, Arizona.

The position requires 5 – 7 years experience including SOx and U.S. GAAP knowledge with a CPA or CMA credential desirable.


Company: Arizona American Water Company

Title: Financial Analyst II (Intermediate)

Location: Phoenix, AZ

Description: Intermediate Financial Analyst responsible for developing revenue and expense analyses, projections, reports and presentations.

Responsibilities: Compile and analyze financial information for developing revenue/expense analyses, projections, reports and presentations. Ensure accuracy of financial information; identify trends and present findings to senior management. Analyze and assess business performance against goals. Support management in shaping, driving and influencing business performance and continuous improvement.

Qualifications/Skills: Requires BA/BS in accounting/finance related field and 5-7 years related experience including, knowledge of US GAAP, SOX, regulatory accounting and practices and computer expertise. CPA/CMA is desirable. Experience in water/wastewater utility industry is highly desirable.

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

Abercrombie & Fitch’s Jonathan Ramsden: CFOs Need to Challenge Conventions

Jonathan Ramsden has been Executive Vice President and Chief Financial Officer of Abercrombie & Fitch since December 2008 and is a key part of a team trying to guide the retailer’s global expansion while managing something of a remake of its domestic operations. Going Concern caught up with him recently to find out how he sees A&F’s business and what else is on his mind.


Prior to joining Abercrombie & Fitch, Ramsden was CFO of TBWA Worldwide, a global marketing services company with operations in over 70 countries. He began his career with Arthur Andersen, spending nine years in the firm’s London and New York offices. He is a graduate of Oxford University and a UK Chartered Accountant. Jonathan lives in Columbus, Ohio, with his wife and threng>Going Concern: I’ve got to start by asking how analysts got Abercrombie’s early-year outlook so wrong. One early year report out in the Wall Street Journal anticipated an ugly same-store-sales decline, and the next day you post an 8% increase in January sales in stores open at least one year. February and March were good for you too. Why the gulf between predictions and performance?

Ramsden: Our business improved at the beginning of the year and, since we don’t give forward looking guidance, the analyst consensus was modeling a continuation of the prior trend. We have also consistently said that one or two months do not constitute a trend, and that month to month results may be volatile. Our focus is less on monthly sales figures than doing what we think is right for the long-term health of the brands and the business.

Going Concern: Do you see it as part of your job to find metrics that allow shareholders and analysts to make more accurate predictions and better comparisons, or does that really fall beyond the CFO’s purview? What can you do as CFO to help people better understand the company’s business?

Ramsden: We try to provide data that enables shareholders and analysts to understand the underlying dynamics of the business. Since the beginning of last year we have not been giving forward looking guidance on sales or earnings since we think that implies a degree of precision about future results we have not had in the environment we have been through.

Going Concern: How do you expect Abercrombie to perform this year overall?

Ramsden: We feel very good about our international business, which continues to affirm the global appeal of our brands. We have been through a challenging time domestically, but are working hard to improve the domestic trend of the business. Protecting the global appeal of our brands remains a paramount objective, and we have been willing to take some pain domestically to do that.

Going Concern: Is it fair to say that the growth will now come overseas? Expanding abroad can be fruitful, but it’s also a big investment. What if sales soften more quickly than expected?

Ramsden: We do believe that the future of our business is tied to our international strategy. At the same time, if we can achieve a sustained improvement in our domestic productivity, that will be very significant to both sales and earnings. There are certainly risks associated with an international expansion, but we have been very encouraged by the results so far.

Going Concern: There seems to be a wane in the company’s popularity here in the States. Does the company agree with that statement and what’s being done to address it?

Ramsden: We believe that our brands retain a strong appeal. 2009 was a challenging year in the US, but we think we can improve the domestic business going forward. Firstly, we continue to work on our pricing. Secondly, there are a number of initiatives in place on the marketing front that we think will help us to better connect with our core customer. We feel better about the assortment than we have in some time. Lastly, we expect that we will need to close a number of stores that don’t really fit in the portfolio, particularly for the A&F brand.

Going Concern: Has Abercrombie & Fitch actually cut costs over the last couple of years? How involved have you been in that and can you explain a little about the process behind identifying excess cost in the business?

Ramsden: We went through a reorganization of our corporate “Home Office” about a year ago, which included some significant lay-offs. The company had never been through anything like that before so it was a difficult process, but we believe the company will be more efficient as a result. The entire leadership group was involved in the process. At the store level, on an ongoing basis we have been looking to find efficiencies in variable costs such as store payroll, packaging, supplies and so on. The biggest component of the margin erosion we have incurred has been in store occupancy costs (rent, depreciation etc) which are relatively fixed in the short term, but which we think we can make progress on over time, including through store closures where appropriate.

Going Concern: What are your biggest challenges as CFO with respect to financial reporting in the coming year?

Ramsden: As we roll out internationally, we have to ensure that our local reporting is to the same standard as our US reporting. In addition, the international rollout adds to the complexity of our US reporting.

Going Concern: Have you started laying the groundwork for converting to IFRS? If so, when do believe the conversion will be complete? Can you give us a sense of the scale of this task and who is helping you with it?

Ramsden: We have done our initial assessment of what would be required to convert. The area of greatest complexity for us would be moving from the retail to the cost method of accounting for inventory.

Going Concern: A recent survey by Financial Executives International/Baruch college stated that only 44% of CFOs anticipate an increase in their hiring and that 25% expect to cut back on their rate of hiring? What kind of cost saving measures (as they relate to employees) did A&F utilize in 2009? Have economic conditions improved to the point that further cost saving measures (e.g. salary freezes, layoffs, reduced working hours) won’t be necessary? What are A&F’s plans with regard to hiring for 2010?

Ramsden: During 2009, as well as layoffs, we took a number of other measure such as deferring and reducing raise pools and reducing retirement plan contributions. Our current direction is a gradual return to normalcy. We are hiring where we need to, while seeking to keep the overall headcount close to the current level.

Going Concern: You were previously a CFO at a global marketing-services company. How difficult did you find it moving sectors? What are the main differences you see between overseeing the finances of a services operation as opposed to a retail operation? (What would you say to a senior level business finance executive who is switching business sectors?)

Ramsden: There are some significant commonalities. Both A&F and TBWA are full of creative, energized and driven people. During the ten years I was at TBWA, we were seeking to build a cohesive global brand. For A&F, the next 10 years are also going to be about international expansion. The starting points are quite different, but many of the challenges of running a global business are the same. I think there are a core set of CFO skills that are transferable and that make up a significant part of the CFO role in any organization. Industry knowledge is definitely valuable, but coming from a fresh perspective also has some value. Clearly there is also a huge amount of instituational and industry knowledge at A&F.

Going Concern: In overall terms, how do you view your role as CFO?

Ramsden: There are some things that are black and white, but most are not. As the CFO, you need to be surrounded by people and processes you trust. Good processes will take care of the black and white stuff, and having people you trust in key positions will take care of most of the rest. So you have to have complete confidence in the people you work with, and you have to ensure that systems and processes are effective. The CFO also needs to challenge conventions.

Job of the Day: Morgan Stanley Needs a Real Estate Accounting Associate

Morgan Stanley is looking for an experienced accountant to join their Real Estate Funds group in Atlanta, Georgia.

The position require 2 – 4 years of experience with a CPA preferred.


Company: Morgan Stanley

Title: Real Estate Funds Associate – MSREF

Location: Atlanta, GA

Description: Reporting to a Manager, position is responsible for the overall accounting, reporting and operations for global private equity real estate funds and affiliated funds. Responsibilities include assisting on special projects including reengineering processes and system implementations.

Responsibilities: Prepare quarterly and annual financial statements and footnote disclosures; Prepare various work paper and financial data analyses based on requests from the business unit, investors and auditors; Prepare fee calculations (i.e. management fees, acquisition fees, etc.) verifying that calculations are in accordance with applicable agreements; Prepare investor capital call and distribution notices; Address and resolve audit inquiries from external auditors during year end audit; Assist on IT initiatives to automate process, program calculations and streamline reporting; Participate on special projects related to the fund.

Qualifications/Skills: Bachelors degree in Accounting or Finance; Well organized, detailed, analytical individual with two to four years of relevant work experience; CPA preferred; Real estate partnership accounting and reporting experience a plus.

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

Outsourcing Has Yielded Mixed Results So Far, Says Molson Coors CFO

This story is republished from CFOZone, where you’ll find news, analysis and professional networking tools for finance executives.

I’m down at the Hackett Group’s best practices conference in Atlanta and just finished a video interview with Stewart Glendinning, CFO of Molson Coors, on the topic of outsourcing.

While the video won’t be up for awhile, I can report that Glendinning wowed the crowd of 250 or so finance executives in attendance this morning with a frank keynote address on the subject.

He essentially warned the audience that outsourcing is hardly the no brainer that everyone – from Wall Street analysts to third-party service providers – makes it out to be.


While the CFO stood by Molson Coors’ decision to outsource most if not all of its information technology, finance and HR functions in 2008, he conceded that the arrangement has yet to live up to billing.

The decision followed the merger of Molson and Coors in 2005, which was expected to produce roughly $180 million in cost savings. And while outsourcing has helped produce some of that, Glendinning – who was appointed CFO of the combined companies two years ago – acknowledged the arrangement with its vendor hasn’t been all smooth sailing. (He identified the outsourcer by name, but I’m leaving that out just to avoid starting an argument between the two.)

As a result of higher than expected turnover, largely in the vendor’s Indian and Costa Rican operations, for example, some of the labor savings that the outsourcer promised have failed to materialize. Glendinning said annual turnover in those two locations has run as high as 100 percent.

As a result, the CFO said the company was “a little shy” of the savings initially projected for the deal, due to project scope and implementation costs. He said that he would have to revisit some of these issue once the contract comes up for renegotiation in 2013. “You have to keep taking cost out,” he said.

In addition, Glendinning said that during the ramp up phase the arrangement produced higher-than-expected error rates in certain financial processes, and those produced an unwelcome payables backlog that threatened the company’s supply chain. And while he said some of the fault was that of Molson Coors, Glendinning noted that the outsourcer failed to bring it to the company’s attention, largely because of what Glendinning described as “reticence” on the part of its Indian employees to challenge their client.

While Glendinning said Molson Coors’ move to outsource was “the right decision nonetheless,” he cautioned the audience that there are a host of issues that finance executives must consider before going forward with such deals.

In particular, he noted that unlike IT or HR, more complicated, “sensitive” financial processes such as pricing and customer management probably should not be turned over to a third party.

“It’s not black and white,” he said about the decision to outsource. “There is a lot of gray in between.”

Job of the Day: PwC Needs a Tax Manager

PricewaterhouseCoopers is looking for an experienced tax professional to join its Private Company Services (“PCS”) team. PCS helps private companies and their owners with tax planning an compliance decisions at all stages of the business.

The position requires five to seven years experience and is located in Chicago.


Company: PricewaterhouseCoopers

Title: Tax Manager

Location: Chicago, IL

Description: The Private Company Services (PCS) team is a dedicated group of professionals who focus on the audit, tax compliance and planning, and business advisory needs of public interest entities, and private companies and their owners. By helping private companies make strategic decisions throughout the business lifecycle, our PCS practice is designed to help clients improve cash flow and increase owners’ wealth accumulation. This includes access to capital markets, initial public offerings and assistance with growth into international markets. The team’s clients primarily reside in private equity portfolio companies and the manufacturing, retail, wholesale and distribution, professional services and construction industries.

Qualifications/Skills: 5 – 7 years of tax consulting or compliance experience is required.

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

Small Businesses Lead on Long-term Job Growth

This story is republished from CFOZone, where you’ll find news, analysis and professional networking tools for finance executives.

If you harbored any doubts about the importance of small businesses to job growth, then you should consider the results of new research looking at payroll data over the past ten years. The clear conclusion is that the lion’s share of employment growth over the long term has happened at establishments employing fewer than 50 people.

But the implications for our current economic situation are disturbing.


The research, from Case Western Reserve’s Scott Shane, looked at data collected from Automated Data Processing’s monthly employment numbers from 2000 to 2010. The numbers are broken down into three categories: establishments with 1-49, 50-499, and more than 499 employees. By establishment, ADP means “a single physical location where business transactions take place and for which payroll and employment records are kept.”

According to Shane’s analysis, the most job loss has occurred at the bigger establishments. For example, in March 2010, the biggest folks employed 84.3 percent of the people who worked for them in December 2000. As for establishments with 50 to 499 workers, they employed 93.6 percent of those who worked for them over that same time period.

But, for the smallest establishments, the story is startlingly different. They now employ 103.5 percent of the people they employed in December 2000.

Then, there’s a study from the Ewing Marion Kauffman Foundation I wrote about recently. It showed that high-growth companies that are three -to- five years old account for about 10 percent of new jobs in any given year, although they make up less than one percent of all businesses.

But, if small establishments and so-called gazelle firms are so important to job growth, then the latest data from the National Federation of Independent Business, reported on by my colleague Stephen Taub, is especially sobering. The findings showed continued decreases in hiring and flat growth in capital expenditures.

It all has urgent implications for government policy. Given the importance of fast-growing young firms, in particular, to employment creation, the wisest policies would be those that support these promising, three-to-five year old businesses. Something has to be done to get our engine of employment creation back on track.

Job of the Day: Harvard Management Company Needs a Senior Accountant

Harvard Management Company is looking for an experienced accountant to join their accounting and finance department.

The position is focused on the Marketable Securities Funds portfolio which is comprised of hedge fund investments. This person will be responsible for all the accounting and analysis for the portfolio.

Candidates should have a minimum of three years experience, hedge fund experience being a plus, and a CPA is preferred.


Company: Harvard Management Company, Inc.

Title: Senior Accountant – Marketable Securities Funds

Location: Boston, MA

Description: The Senior Associate will be responsible for all accounting and related accounting-specific analysis and reporting functions of the MSF portfolio as well as contributing to the accounting of the NR portfolio, as needed. This includes transaction entry, cash movement, and valuation input processes related to these portfolios as well as valuation review and analytical procedures. This also includes the reconciliation of transaction entry, accounting, and performance systems to ensure trade execution accuracy and proper recording of all transactions. The Senior Associate will work closely with other members of the external management accounting team to execute the accounting period close on a monthly basis. This process requires in-depth understanding and analysis of the MSF portfolio investments, including the documentation of significant matters on an ongoing basis. Lastly, the Senior Associate will be involved in the ongoing assessment of accounting and valuation issues related to these portfolios, including financial reporting considerations.

Responsibilities: Maintain the integrity of the portfolio accounting systems and general ledger records; Monitor proper reconciliation of transaction entry, accounting, and performance reporting systems; Contribute to financial statement and valuation analysis; Execute cash movements in coordination with custody operations personnel and ensure trades are processed accurately and timely; Analyze current industry and accounting guidance and its applicability to the MSF portfolio accounting process; Facilitate communication with external managers to provide relevant insight into the accounting and valuation process; Obtain and review fund valuation statements and assist in the analysis of these statements; Interact with and support the MSF portfolio managers regarding current investments; Assist during the annual audit, providing information as requested and maintaining audit reports throughout the year; Participate in special projects and duties as assigned ; Provide accounting-related support and reporting to HMC’s Tax department; Manage responsibilities pertaining to business continuity preparedness, documentation, Disaster Recovery site visits, etc.

Qualifications/Skills: BS Accounting, CPA preferred; Minimum 3-5 years of relevant accounting experience (hedge fund specific experience a plus); Ideal candidate will be very proficient with hedge fund L.P. investment accounting/industry issues; Knowledge and demonstrated interest of financial markets and products

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

Job of the Day: Cecil College Needs a Controller

Cecil College is looking for a Controller to lead its financial services department in North East, Maryland.

Candidates should have a minimum of five to seven years experience with CPA and Masters a plus.


Company: Cecil College

Title: Controller/Finance Director

Compensation: $85,000-$92,000

Location: North East, MD

Description: The Controller is a senior level position at Cecil College and is responsible for providing overall leadership and direction for the Financial Services Department which includes a broad range of financial and business services within a robust technology based system.

Responsibilities: Fiscal responsibilities: Accounting (accounts payable, accounts receivable, capital projects and foundation accounting, grant accounting, investment management and payroll), Annual Audits, Budget Development and Management, and Financial Reporting.

Business services responsibilities: purchasing, insurance/risk management controls, and auxiliary services. Three (3) Accounting Managers and the Manager of Procurement are direct reports. The Controller is the “subject matter expert” concerning the finances of the College and keeping the Vice President for Administrative Services, and the leadership of the College informed about its financial condition.

General responsibilities: Provide leadership for all financial operations of the institution which includes the design of systems, preparation/presentation of financial reports and budgets, preparation of documents for annual audits, monitoring of revenues and expenditures, conducting financial analyses and development of internal controls. Provide leadership in the use of technology to achieve administrative efficiencies. Recommend and develop strategies and goals to meet College objectives, and to support sound fiscal management. Participate in the development of short term and long range financial projections along with organizational and staff planning. Provide strategic financial leadership and support on potential alliances, investments, capital projects and other issues affecting the College’s business. Develop an effective structure and plan for monitoring projects and foster continual improvement. Establish fiscal and personal credibility throughout the organization. Enhance and/or develop, implement and enforce policies and procedures of the organization that will improve the overall operation and effectiveness of the College.

Qualifications/Skills: Bachelor’s Degree in Accounting or Finance; experience in finance in a higher educational environment valued highly. CPA or Master’s Degree a plus Thorough knowledge of generally accepted accounting principles, fund accounting and ability to apply knowledge within higher education setting. 5-7 years of progressively responsible non-profit accounting using an integrated accounting system. Proficient in the use of word processing and spread sheet software applications (Word and Excel preferred). Effective oral and written communication skills. 3-5 years of supervisory experience.

See the entire description over at the GC Career Center and visit the main page for all your job search needs.

Cloudsplitting: Recognizing the Tech and Business Cloud Narratives

Cloud Computing can be an intimidating subject area simply due to the sheer number of articles, blogs, conferences, and information on the matter. My goal in this post is to split the discussion based on the perspective of the writer.

While researching this post on “Cloudsplitting”, I became formally acquainted to the concept of an unreliable narrator:

“a narrator, whether in literature, film, or theatre, whose credibility has been seriously compromised.”

The nature of the narrator may be immediately clear or it may be revealed later in the story. Sometimes it is revealed at the very end, at which point you find out your narrator has been totally unreliable! This makes yo story… which you should…. the guy was unreliable.


I think it’s a great concept! The first example that jumps to mind would be Kevin Spacey’s character in The Usual Suspects (Warning: Swears… Gonzalez sized swears).

I stumbled on the concept, the actual term, thanks to Cloudsplitter, the book. It’s a fictional retelling of Harper’s Ferry from the FICTIONALIZED point of view of John Brown’s son.

The author, Russell Banks, creates new context around the real events through his imagining of what Owen Brown’s views might have been. In this case, John Brown comes off as a lot less crazy than he may have come off otherwise.

(It’s also a hill in upstate NY near Bank’s home – ‘Tahawus‘ is the native Algonquin name for Mt. Marcy – the highest peak in the Adirondacks. It translates to ‘Cloudsplitter.’)

Emotional attachment and years of hermit-like isolation warp the perspective of our fictional version of Owen Brown. Unreliable. Quite frankly, I’ve seen the same in business.

I don’t want to fall for the same mistake.

We’re not hermits holed up in a cabin somewhere living on bottled water and beef jerky.

That’s one of the biggest differences between the introduction of Cloud technology and the introduction of previous computing technology. This time around information abounds. Whereas in the past, information about new technology was carried through very limited channels. And even then, it may have traveled indirect routes.

With our proliferation of information, it’s more important than ever to consider the source of the information. After all, the greatest trick the narrator ever pulled was convincing the world he didn’t exist…. or something.

Be it me and my Cloud Computing story or the guy at your office who waves his arms and decries this “parlour trick” technology.

Where is your information coming from?

I’ll point you to a few resources in a minute that, hopefully, will pass the narrator reliability test. First, if I may, I want to take the opportunity to split Cloud Computing into two separate camps.

In one camp, we’ll have Techie Cloud. In the other, we’ll have Business Cloud.

Techie Cloud:
This is the stuff relating to the functioning of a cloud environment. What’s the architecture? Where’s the data? How do I manage it?

It’s the kind of stuff your Systems Administrators and DBAs and IT Managers would want to know. For instance, I want to play around with Amazon Web Services to create a new computing environment. Do I need any special tools to work there?

Yes, there’s a front-end tool called Rightscale that makes creating a computing environment easy.

While interesting from an academic perspective, your average business user will probably get limited value from seeking out tonnes of information about Techie Cloud. Recognize it when you see it.

Business Cloud:
This is the stuff relating to using cloud-based software. The business user who is looking for a “consumerized” web experience. What does it do? Is it easy to learn? What’s the cost? How do I sign up?

It’s the kind of stuff the accountants, marketers, and salespeople would want to know. For instance, I want to find a way to manage my team’s projects. Can I get going with something quickly?

Yes, try Basecamp.

And Business Cloud is separate from the business of cloud which we’ll get into later.

The reason I am going around Cloudsplitting is because the content I’ve been finding lately doesn’t discriminate with respect to audience. You are as likely to jump into an article that’s geared toward IT as you are to find an article for a Business User’s perspective.

Forward the Techie Cloud articles on to your IT departments. There’s a view out there that Cloud is going to make IT deparments obsolete. I disagree. I think Cloud will free up IT from the mundane custodial services of server maintenance becoming a more strategic partner with management. I’ve written before about accountants being the dishwashers of business. We’re the dishwashers and IT are the custodians (or janitors if you want to be unkind about it).

And remember:

Evaluate the reliability of the source. Evaluate for audience.

Techie Cloud

8 Tips for Getting Started in Cloud Computing (by Rackspace)

What Does the Future Hold for IT? (Bloomberg)

Cloudcamp – formed to provide a common ground for the introduction and advancement of cloud computing

Business Cloud

ICPA Trusted Business Solutions (CPA2Biz) – all of these are Saas offerings

Tourist in Techie Land: Reporting from Cloudcamp Vancouver (me)

IBM CTO at Interop: Consumerization of IT is a Driving Force (ZDNet)

Geoff Devereux works in a marketing/social media role with Indicee, a Saas Business Intelligence company, bringing B.I. to mere mortals. You can see more of his posts for GC here. H/t to Jesse from Cloudsplitter Mountain Guides for the translation and Greg_Smith for the pic.

Job of the Day: Jefferson Wells Needs a Tax Fund Accountant

Jefferson Wells is looking for tax fund accountants to join its New York office. The position will have a number of responsibilities including preparation of corporate and partnership returns including those for hedge funds, private equity funds, real estate funds and investment advisors.

The position requires a minimum of nine years experience, including multi-national tax experience and a broad understanding of technical tax issues. CPA or EA certifications are preferred.


Company: Jefferson Wells

Title: Tax Fund Accountant

Compensation: 80,000-150,000

Location: New York, NY

Responsibilities: Prepare tax returns for S corporations, C corporations, and partnerships; Preparation of accounting records, and financial statements and tax returns for several investment partnerships; Reviewing and preparing yearly tax filings for Hedge Fund, Private Equity Funds, Real Estate Funds, and Funds’ general partners and investment managers; Performing security analysis and calculating various Fund tax adjustments; Preparation of Tax Form 1065 income tax returns and related K-1s and supporting schedules; prior experience with form 1120; Recording all accounting transactions of the fund and ensuring all investments are booked accurately; Preparation of limited partner capital calls and capital distributions; Researching tax treatment of complex financial instruments and corporate actions of Funds.

Qualifications/Skills: Experience with CorpTax software is required; Bachelor’s degree in relevant subject area required (accounting, auditing, information technology, sciences, taxation, finance etc.); Minimum nine years applicable experience in tax required (federal, state and local or international tax); Experience with multi-national corporate taxation preferred; Broad understanding of tax technical areas and a strong familiarity of FAS 109 preferred; CPA, MST, Enrolled Agent (EA) or Project Management (PMI) certifications preferred.

See the entire description over at the GC Career Center and visit the main page for all your job search needs.