Senior Associate, Investment Accounting - Private Equity

Adams Street Partners ("Adams Street") is a global private markets investment manager that has $61 billion in assets under management. The firm is 100% employee-owned, which fosters a positive and unique culture of collaboration, intellectual rigor, integrity, and a commitment to professional development. For the seventh year in a row, Adams Street was named one of Pension & Investments' Best Places to Work in Money Management in 2024.

Employees operate as a single global team, integrating the expertise of the firm's investment professionals across five strategies: primary investments, secondary investments, growth equity, private credit, and co-investments. Adams Street is considered a private markets pioneer and was inducted into the Private Equity Hall of Fame in 2000.

The firm was founded more than 50 years ago, and clients include leading public and corporate pension plans, foundations, endowments, insurance companies, registered investment advisors, and high net worth individuals worldwide.

Adams Street has offices in Austin, Beijing, Boston, Chicago, London, Munich, Menlo Park, New York, Seoul, Singapore, Sydney, Tokyo and Toronto.

Adams Street Partners is seeking a Senior Associate, Fund Accountant to join the Client Operations team. Our Fund Accountants gain a broad range of investment accounting exposure by providing accounting support for the Firm's investment activities.

Specifically, this individual is responsible for various functions within the investment accounting group including:

• Preparation of annual audit reports and quarterly financial statements and capital accounts
• Review of quarterly financial statements from partnership investments and other investment information to determine valuations of investments pursuant to ASC 820. This process includes tracking of underlying portfolio company activity and requires interaction with contacts at the various investment managers
• Interaction with various members of the investment and client service teams to obtain information and provide necessary reports
• Participation in cash reconciliation process
• Completion of client requests and special projects as they arise

We seek an individual who is self-disciplined, demonstrates creative thinking and has the following characteristics:

• Undergraduate degree in accounting is required
• 2-5 years of accounting experience working at a public accounting firm, private equity manager or a fund accounting administrator.
• CPA preferred
• Proficiency with Microsoft Excel and Word as well as Adobe Acrobat. Work with database systems and proficiency in data management preferred.
• Self-starter who can work with minimal supervision within a team environment

Illinois Pay Transparency

$90,000-$140,000 USD