Fund / Partnership Accounting & Financial Reporting:
- Preparation of books of accounts and calculating the Net Asset Value with reference to share movements
- Preparation of Monthly / Quarterly financial statements tailored to client requirements, including Balance Sheets, Income Statements, Partners’ Capital Allocation Schedules, and Fund Performance Schedules
- Monthly/Quarterly preparation of Investor Statements
- Record expenses and capital transactions in accordance with US GAAP (including accruals, subscriptions and redemptions)
- Reconcile cash accounts with statements provided by prime brokers or custodians
- Maintain a record of each investors capital balance and allocate profits and losses in accordance with the most current limited partnership agreement (or equivalent) provided by the Fund
- Calculate management fee and incentive allocation/carried interest based on the Funds governing documents
- Liaise with the Fund’s tax advisor and independent auditors, and provide accounting records to assist in the preparation of the Fund’s annual income tax returns and annual audit.
- Valuation Assistance