Meketa Investment Group (“Meketa”) is a growing, independent investment consulting firm providing strategic investment advice to large institutional clients. Our Operations Team oversees more than $25 billion of commitments to the private equity, private debt, infrastructure, natural resources, and real estate asset classes on behalf of more than 70 clients, including large public and private pension funds. We provide a team-oriented, stimulating environment and outstanding benefits.
The Private Markets Monitoring Associate team works directly with clients, investment Analysts, internal consultants, and other Meketa operations professionals to provide client service in a variety of ways. Primary responsibilities will include partnership monitoring, recording and analyzing transactions, performing reconciliations, and preparation and review of reports and statements. The position will also require participation in the development and refinement of reporting and operations processes. The Private Markets Monitoring Associate team will participate in a range of activities, including: reviews of annual financial statements and partner capital account statements to assess accuracy and compliance, recalculation of fees charged by investment managers, responding to client inquiries and requests, preparation of client service plans, calendars, and timelines, supporting the growth of Meketa's operations business, attending client presentations, and working on proposals/contracts. A portion of the job will be dedicated to help manage our third-party administrators and external stakeholders.
The Private Markets Monitoring Associate is expected to progressively increase their level of knowledge regarding calculations and processes related to capital calls, management fees, carried interest and distribution waterfalls, and preparation of financial statements. As the candidate masters the position's core responsibilities, they will have additional opportunities to formally contribute to the investment team.
The Private Markets Monitoring Associate works closely with senior private markets investment professionals in carrying out the position's duties.
Bachelor's Degree in Accounting or related field.
CPA a plus.
2+ years experience with private equity or real estate fund accounting.
2+ years experience in private equity operations management.
Familiarity with preparation and review of capital call and distribution calculations, management fee calculations, carried interest and distribution waterfall calculations, and preparation of financial statements.
Strong knowledge of partnership accounting.
Knowledge of US GAAP.
Ability to work under pressure and handle tight internal and client deadlines.
Strong communication skills, including written, listening, and presentation abilities.
Solid attention to detail.
Solid client relationship management skills.
Be a subject matter expert on all private equity and real estate accounting.
Client service activities, including recording and analyzing transactions, recalculation of fees charged by investment managers, reconciliations, and preparation of reports and statements.
Participation in the development and refinement of reporting and operations processes.
Make judgments related to whether private equity and real estate managers are following industry standard procedures and applying best practices for fund administration.
Reviews of annual financial statements and partner capital account statements to assess accuracy and compliance.
Responding to client inquiries and requests.
Preparation of client service plans, calendars, and timelines.
Business development through attendance of client presentations, work on proposals/contracts, and developing technology initiatives.
About Meketa Investment Group
Meketa Investment Group is an employee-owned full service investment consulting and advisory firm. We work with some of the nation's largest and most sophisticated institutional investors including public and private plan sponsors. We have a staff of over 200 employees among our six U.S. office locations and London.
Meketa recognizes that our workforce is a reflection of our company, and we operate in an inclusive environment that accepts and promotes diversity. We believe our employees can best serve our clients in an atmosphere where individuals are treated fairly, where professional growth is developed and encouraged, and where a healthy balance between work and home life is respected and preserved. To support employees, Meketa offers a competitive compensation structure, a wide range of benefits from core insurance benefits to time-based benefits, as well as flexible schedules and support for continuing education.
Meketa is an Equal Employment Opportunity and Affirmative Action Employer.
If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact us.