Job Description

Senior Fund Accountant

MIO Partners Inc. (MIO) is a global, world-class investment and advisory institution with a decades-long track record of performance for our clients through multiple market cycles. Our team of approximately 250 people provides asset management and advisory services to current and former McKinsey employees. We manage more than $20 billion in assets across public and private markets. We are headquartered in New York City, with offices in Atlanta, Georgia; West Palm Beach, Florida; Germany; Hong Kong; Singapore; Spain; and the UK.

We provide objective advice on long-term wealth building and create distinctive investment products that deliver value relative to market-based benchmarks. We operate two core lines of business: (i) our advisory team provides advice, wealth planning, and retirement services to approximately 2500 individual clients, and (ii) our investments business consists of alpha-seeking alternative investment strategies across public and private markets.

A defining characteristic of our business is our perfect alignment with our clients. Our extraordinary mandate as a boutique investment and advisory firm, grounded in a core set of principles, enables us to create unique products and services while keeping our clients' interests front and center.

Much of our success can be attributed to our insatiable intellectual curiosity. We seek to hire individuals who are passionate about our mission and values, and who always strive toward excellence. We care about fostering a culture of continual improvement, as individuals and as an organization, and are excited to work with individuals who have a similar growth mindset. We are proud to have a culture that promotes the highest ethical standards and investor-focused values, alongside a commitment to diversity and inclusivity and a highly collaborative work environment.

MIO (and related entities) is an independent, indirect, and wholly owned subsidiary of McKinsey & Company.

MIO's Finance team is seeking a Senior Fund Accountant to join the group responsible for the accounting and administration of the various MIO Fund-of-Fund/Limited-Partner (FoF/LP) vehicles. This role will also provide opportunities to participate in special projects (new products, new system implementations/existing system upgrades, and various process improvements) and to gain exposure to the responsibilities of other groups within and outside of Finance.

Primary responsibilities:

• Accounting and administration of FoF/LP vehicles
• Booking and reconciliation of transactions across internal systems
• Coordinating with the MIO Client Service team, third-party custodians, and fund managers to resolve investor account, cash, position, and market value breaks
• Review month-end LP/PE pricing against third party manager estimates and/or statements
• Reconciling month-end NAV reporting from fund administrators and resolving discrepancies
• Preparation and review of year-end financial statements and tax work papers
• Coordinating with auditors and fund administrator on year-end audit requests
• Developing, improving, and implementing internal controls, policies, and procedures where necessary

Desired background:

• Bachelor's degree in accounting or finance
• 5+ years of experience in hedge fund accounting, reporting, and analysis, CPA a plus
• Skilled in the processing and review of general ledger transactions related to investment and investor activity
• Experience with various Management and Incentive Fee terms and calculations
• Extensive experience working through an audit process and preparing audited financial statements
• Knowledge of stocks, bonds, foreign currencies, exchange-traded and OTC derivatives, and private placements

The successful candidate will possess:

• A deep understanding of investment accounting principles and processes
• The ability to work independently and in a team format, including collaboration with other functional areas of the organization
• Attention to detail and time management skills, with adherence to strict deadlines, while ensuring a high-quality work output
• Strong written and interpersonal communication skills, facilitating critical relationships with internal and external stakeholders of various seniority levels
• Bring an entrepreneurial mindset with a focus on ownership, initiative, and continuous improvement
• Strong technical skills, primarily within Excel and various accounting and reporting systems
• Experience with Advent Geneva, Arcesium platform, and Duco software is a plus, but not required

Applicants must be authorized to work in the U.S. without the need for employer-sponsored work authorization, now or in the future.

MIO Partners, Inc. (MIO) is an equal opportunity employer. MIO will consider all applicants regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, or disability status.

MIO has adopted a flexible, hybrid model that supports a blend of in-office and remote work. Our office is in New York City.

Base salary range $135,000 - $135,000 USD

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