Associate

Published: 6/14/2022

Job Description

At Bridge Alternatives you will find professional growth opportunities in a variety of roles. We seek the best of the best to join our strong, competitive, entrepreneurial team in a fun and challenging work environment. We believe in recognizing our partners in many ways. A few examples are:

Career development opportunities, ability to guide your career growth

Competitive compensation & benefits

Strong, authentic & fun culture

Work from office or home options available

Team oriented role but in a very autonomous work environment

About the job: Bridge's ManCo team runs the finance and operations function for the management companies of alternative asset managers. We are one of two arms of Bridge's professional services group, alongside our OCFO practice. Scope is built client by client: some engagements are a full outsourced back office, while others cover a defined set of functions alongside a client's internal team. Depending on what a client selects, the work can include books and records and the monthly close, cash and expense management, management fee billing and collection, fund reimbursable expense administration, payroll and HR administration, and budgeting and forecasting. The responsibilities below describe the full range of ManCo work, and any individual engagement will include a subset of it. As an Associate you learn the ManCo engagement from the ground up: recording and coding activity, reconciling cash and corporate card spend, and preparing the monthly close package under the direction of an engagement lead.

Responsibilities:

Record and code day-to-day management company activity in the client's accounting system, and maintain the supporting documentation

Prepare monthly bank, corporate card, and bill pay reconciliations, and research items that do not clear

Review spend transactions for the required coding fields and receipt compliance, and compile exceptions for the engagement lead

Prepare monthly close workpapers and draft financial statements, including profit and loss and balance sheet, for review

Maintain the intercompany schedule by entity, tracking costs the management company pays on behalf of funds, general partner entities, and other related parties

Prepare management fee calculations and invoices for review, and maintain the schedule of fees earned versus fees received

Support payroll processing, reconcile payroll and benefit entries to the general ledger, and assist with vendor onboarding, Form W-9 collection, and annual Form 1099 preparation

Participate in routinely scheduled client calls, close out assigned follow-up items within committed turnaround times, and work accurately across several engagements and platforms at once

Qualifications:

1-2 years' experience in the accounting field. Management company, corporate, or private company accounting preferred

Bachelor's degree in Accounting or Finance

Exposure to a full monthly close cycle

Familiarity with alternative asset structures, including management companies, general partner entities, and funds, is helpful

Excellent communication and interpersonal skills

Strong accounting, problem solving, and analytical skills

Excellent time management and organizational skills, with strong attention to detail and the ability to multi-task

Strong technology skills, including advanced Microsoft Excel and a cloud general ledger. QuickBooks Online experience preferred, with the ability to learn client-specific accounting, spend management, and payroll platforms quickly

Strong entrepreneurial spirit

Willingness to travel, as needed

Bring yourself. Bridge Alternatives is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age or veteran status.

To all recruitment agencies: Bridge Alternatives does not accept agency resumes.