Management Company Accountant
New York, New York, United States
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:
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
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