Accounting Associate POST NUMBER: 294692

Accounting Associate A growing private investment firm focused on acquiring and building value in industrial businesses is seeking an Accounting Associate to join its team. This is a unique opportunity to work closely with firm leadership in a highly visible, hands-on role that touches all aspects of the organization's financial operations. The Accounting Associate will help establish and enhance financial processes, controls, and reporting capabilities while supporting both firm-level and portfolio company activities. Reporting directly to senior leadership, this individual will oversee accounting, tax, compliance, bookkeeping, investor reporting, and financial reporting functions. The role offers significant exposure to investors and provides the opportunity to contribute to the firm's continued growth and success. Key Responsibilities Corporate Accounting & Financial Reporting Manage day-to-day accounting operations, including general ledger, accounts payable/receivable, and month-end close processes. Prepare accurate and timely financial statements and management reporting. Maintain the chart of accounts and internal control environment. Monitor cash flow, treasury activities, and banking relationships. Tax & Compliance Coordinate preparation and filing of federal, state, and local tax returns, including partnership and entity-level filings. Partner with external tax advisors to ensure compliance and optimize tax efficiency. Maintain and enhance internal compliance policies and procedures. Investor Reporting & Fund Administration Manage capital call and distribution processes. Maintain investor records and support administration of investor reporting platforms. Prepare quarterly and annual investor communications, including financial statements, performance reporting, and capital account statements. Calculate management fees and carried interest in accordance with governing agreements. Portfolio Monitoring & Valuation Lead the quarterly valuation process for portfolio investments. Coordinate with third-party valuation providers as needed. Monitor portfolio company performance against budgets and investment assumptions. Maintain investment-level financial records and key performance metrics, including IRR and MOIC analyses. Qualifications Bachelor's degree in Accounting, Finance, or a related field. Minimum of 3 years of progressive accounting and finance experience. Strong understanding of GAAP and partnership/fund accounting. Experience with capital calls, distributions, and investor reporting. Experience with accounting systems; QuickBooks experience preferred. Experience with fund administration platforms preferred. Advanced Excel and analytical skills. Strong communication skills with the ability to present financial information to senior leadership and investors. High level of integrity, discretion, and professional judgment. Experience working with external auditors, tax advisors, and legal counsel. Tax preparation experience preferred. Key Competencies Exceptional attention to detail and accuracy. Self-starter with an ownership mindset and ability to operate in a lean, entrepreneurial environment. Strong business acumen and ability to connect financial performance to investment strategy. Ability to handle sensitive financial and investor information with a high degree of confidentiality. Compensation & Benefits Competitive base salary plus performance-based bonus. Comprehensive benefits package including medical, dental, vision, and paid time off. On-site position (with hybrid flexibility) based in the Charlotte, NC area. Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s 401(k) retirement plan. Additional disclaimer: Unless otherwise noted in the job description, the position Vaco/Highspring is filing for is occupied. Please note, however, that Vaco/Highspring is regularly asked to provide talent to other organizations. By submitting to this position, you are agreeing to be included in our talent pool for future hiring for similarly qualified positions. Submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. Further assessment of candidates beyond this initial phase within Vaco/Highspring will be otherwise assessed by recruiters and hiring managers. Vaco/Highspring does not have knowledge of the tools used by its clients in making final hiring decisions and cannot opine on their use of AI products.