Career Opportunities

PPB Capital Partners is one of the fastest growing firms in the alternative investment industry and we are expanding our team! We are currently seeking an experienced Fund Accounting professional who will manage daily processes and procedures. The ideal candidate must have at least 6+ years of direct prior experience in fund accounting operations, specifically within alternative investment structures. This role is responsible for managing the accounting books and records of the firm and serves as intermediary between the funds, the investment advisors, and the fund administrator.

Key responsibilities:

• Oversee the third-party administrator’s preparation of accounting packages and related financial reports, for each of the firm’s funds.
• Manage the firm’s accounting processes for all direct and underlying fund investments.
• Review calculations for investor capital calls and distributions, including subsequent closing interest calculations and capital call/distribution equalizations.
• Manage the firm’s accounting processes for all fund investments and ensure correct valuations for each of the fund’s investments.
• Direct the preparation and review of year-end annual financial statements and audit engagements, in accordance with GAAP.
• Review management fees, incentive fees, GP fees, and expense calculations per the fund’s offering documents.
• Review initial and ongoing expense budgets for accuracy.
• Perform procedures to ensure all accounting aspects are in compliance with the fund’s offering documents, such as various fee calculations and investor income and expense allocations.
• Assist the third-party administrator and Fund Operations team with initial accounting setup for new fund launches.
• Meet client and investor reporting deliverables and deadlines.
• Manage client ad hoc accounting inquiries and requests.
• Work closely with the Fund Operations team to provide fund and investment information as needed.

Knowledge, Skills, and Abilities:

• BA / BS in Accounting, Finance, Economics, Mathematics, and related experience.
• 6+ years’ prior experience working in fund accounting, particularly management of private equity funds.
• Prior experience working at a private equity firm, fund administrator, or public accounting firm with specific experience working on private funds and investments.
• Strong prior experience in reviewing fund accounting workpapers and financial statements for a variety of alternative investment funds.
• Strong knowledge of U.S. Generally Accepted Accounting Principles (GAAP) for investment companies and related reporting requirements.
• Exceptional ability to manage high-level, as well as day-to-day accounting procedures.
• Effective communicator – both verbal and written.
• Ability to multi-task, prioritize work, and manage time to maximize efficiency and to meet strict deadlines.
• Exceptional interpersonal and customer service skills with a follow-through approach.
• Ability to demonstrate consistent initiative, with a positive ‘can do’ attitude and fundamental ownership of assigned responsibilities.
• Collaborative, team-player with internal and external stakeholders; ability to understand and successfully adapt to the changing needs of the client.
• Impeccable attention to detail; ability to meet and exceed deliverables and consistently demonstrate the highest standard of quality and accuracy.

PPB Capital Partners provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Key Responsibilities:

• Maintain accurate, monthly, quarterly, and annual sales records. Provide regular reporting of sales goal setting results to the senior management team.
• Track the sales team’s progress toward individual and firm-wide business goals; identify gaps and propose process improvements and solutions.
• Enter, manage, and maintain accurate business development and client data within the CRM system.
• Manage updates to investment and sales information within appropriate internal tracking systems.
• Assist with preparation of sales presentations, pitches, and varied sales tools.
• Coordinate and assist with scheduling of sales meetings, calls and conferences.
• Attend sales training meetings and continue to expand personal understanding of the firm’s investment product offerings to ensure effective support is provided to the sales team and senior management.

Knowledge, Skills and Abilities:

• Bachelor’s degree with a concentration in business administration, financial management, or related field is required.
• At least 2 years’ experience within internal sales support roles is required; specific business development support experience within the financial services industry is a plus.
• Impeccable ability to work effectually and accurately with data entry, analysis, and data reporting.
• Experience with a CRM platform such as Salesforce and/or HubSpot is required.
• Advanced working knowledge with Excel and Outlook.
• Effective communicator within all levels of the organization – both verbal and written.
• Energy, enthusiasm, optimism, solid work ethic.
• Strong organizational skills with an ability to work in a fast-paced environment and meet consistent deadlines.
• Self-starter, reliably punctual, ability to demonstrate top-level professionalism as a team player.

PPB Capital Partners provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Key Responsibilities:

• Assist with management of daily fund operational functions, including full-cycle investor onboarding processes.
• Process fund investment distributions, manage investor capital calls, administer redemptions/withdrawals and fund transfers/retitling.
• Process underlying investment subscriptions, agreements and accompanying AML.
• Manage and coordinate new fund launches, operational due diligence, fund closures and other fund operational areas as needed.
• Coordinate fund documentation to ensure operational processes are detailed accurately and within compliance requirements.
• Provide operational risk assessments of current processes and work with key stakeholders to resolve any issues.
• Assist with cash management control and the fund audit process to ensure documentation is accurate, timely and meets compliance and audit requirements.
• Support Fund Operations team members to assist with managing PPB’s fund investments and overall business operational goals.

Knowledge, Skills and Abilities:

• 2-3+ years’ experience working within fund and investment operations.
• Solid product knowledge and understanding of fund structures – in particular alternative investments.
• Ability to work efficiently with an intrinsic, self-management approach; willingness to do what it takes to successfully achieve job requirements and support fund operations at all levels for the firm.
• Top-notch customer service attitude, with a ‘can do’ mindset to work both independently and as a key contributor of the team.
• Strong technical skills and experience using fund operational/accounting platforms and structures is a definite plus.
• Excellent communication skills with the ability to coordinate projects and processes to work efficiently within tight deadlines and competing priorities.
• Strong analytical skills with exceptional ability to pay attention to detail.
• Positive contributor with a desire to resolve issues for operational needs and reach effective solutions.

PPB Capital Partners provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.