Management Company Accountant ( Two Sigma Private Investments)

New York, New York, United States

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Two Sigma Private Investments (or “TSPI”) Group’s Accountings & Operations team is seeking a talented individual with management company accounting experience that will be responsible for supporting the two registered investment advisers (Sightway Capital & Two Sigma Ventures), general partners and other management company accounting & operations responsibilities.  

Two Sigma Private Investments (or “TSPI”) Group’s Accountings & Ops team manages two registered investment advisers – Sightway Capital, LP & Two Sigma Ventures, LP, and provides accounting & operational support to two private investment businesses.

Sightway Capital, a Two Sigma Company, is a private investment firm focused on middle market growth equity investing. The firm employs a principal mindset and flexible capital approach to building successful business platforms with experienced operators and strategic partners, largely in financial services/specialty lending and real assets/resources.

Two Sigma Ventures is an early-stage venture capital fund. Two Sigma Ventures invests across verticals in companies using data science and advanced engineering to transform their industry.

Responsibilities include the following:

General Partners

  • Responsible for managing the accounting ledgers for carry plans across all private investment businesses, including preparing / administering general partner capital statements and managing carried interest awards / allocations

  • Synthesizing carry agreements into more systematic / repeatable programs (i.e. vesting schedules, payout tracking, hurdle rates, etc.)

  • Quarterly reporting to members of the carry / incentive programs

  • Day-to-day operations including books & records, cash management / treasury, and internal / external financial & compliance reporting

  • Coordination with tax department to provide information required in connection with various tax return filings

  • Coordination with broader Two Sigma Corporate Accounting group

Registered Investment Advisers

  • Day-to-Day Operations of the advisers including accounting (books & records maintained in Lawson Software), cash management / treasury and capital activity

  • Expense management & reporting; monthly Business Unit reporting in coordination with TSPI Finance team and Two Sigma FP&A group

  • Contribute to the annual audit and tax filings; including support of auditor test work and financial statement preparation

  • Developing and maintaining accounting policies and procedures; enforcing internal control policies, identifying process deficiencies and taking corrective actions

Other Fund Support

  • Regulatory Reporting filings in coordination with Two Sigma regulatory reporting team

  • Entity / Bank Account Formation and set-up

  • Know Your Customer (“KYC”) requests

  • Support TSPI growth related to the launch of new private investment businesses

Requirements Include:

  • 7+ years of experience working in Accounting roles with exposure to private equity industry

  • Minimum of 5 years’ experience operating within a corporate accounting (i.e. management company / GP) function

  • Experience administering carried interest programs across broad range of participants, investments and fund vehicles

  • Exposure to systems, tools and best practices used to manage complex carried interest programs

  • Demonstrate ownership and responsibility for completion of key processes

  • Strong analytical and problem solving skills

  • Proficient in Microsoft Excel

  • CPA preferred