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Transaction & Reporting Analyst (Investment Partnerships)

Job ID: 6884

Updated: Oct 12, 2022

Location: Chicago, IL, United States

Category: Finance/Accounting

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About Kirkland & Ellis

At Kirkland & Ellis, we are united in our ambition and drive to move forward. We share core values that help us achieve excellence: collaboration, talent empowerment, service, inclusion, respect and gratitude. Our people are our greatest asset, and we invest in the brightest talent and encourage a diversity of perspectives and strengths to create dynamic teams that operate at the pinnacle of their field. Our talented professionals show up every day knowing they will engage in meaningful work, continuous learning and professional development.
 
As one of the world’s leading law firms, we serve a broad range of clients with market-leading practices in private equity, M&A and other complex corporate transactions; investment fund formation and management; restructurings; high-stakes litigation and trials; and government, regulatory and internal investigations. We handle the most complicated and sophisticated legal matters because we don’t just meet industry standards, we create them. We bring innovation and entrepreneurialism to every engagement and, as a result, have long-standing client relationships with leading global corporations and financial sponsors. With 6,500 employees (including 3,000+ lawyers) operating from 18 offices across the United States, Europe and Asia, we are one of the largest law firms in the world and a top financial performer.

Essential Job Functions

The Transaction & Reporting Analyst (Investment Partnerships) is a member of the Investment Partnerships group who is responsible for the administration and recordkeeping of the Firm’s Investment Partnerships.  The analyst will work directly with senior managers and partners of the Firm.  Essential job functions include, but are not limited to:

Essential Functions:(This list is not exhaustive and may be supplemented and changed as necessary.)

Transactional Functions:

  • Coordinate the timely payments of capital call obligations (approximately 75+ transactions per week) and distributions of proceeds from realized investments to investors (approximately 50+ transactions per week)
  • Cash planning and bank account reconciliation support (approximately 900+ transactions per month)
  • Record investments and investors in the Investment Partnership Group’s database
  • Log capital calls and distributions to sub-ventures into database including reconciliation of capital account statements (confirming life-to-date contributions and distributions)
  • Monitor investor capital call balances and reconcile Firm payment records with investors
  • Collect funds from investors to meet capital calls; for payments not received, coordinate with partner payroll team to deduct from partners’ monthly payments
  • Validate data being migrated to new database

Reporting Functions:

  • Communicate directly with investors to provide transactional data, cash planning, and tax estimates upon request
  • Review, enter, and calculate quarterly capital account balances for approximately 1,500+ investments
  • Prepare detailed quarterly individual investor summary reports for approximately 1,300 investors
  • Calculate quarterly fund and participant level IRRs and multiples and comparable public market IRRs and multiples
  • Review, reconcile, and analyze tax reporting (primarily K-1s) and preparation of supplemental tax reporting for 1,500+ investments
  • Calculate quarterly tax withholding estimates for approximately 100 non-U.S. investors and prepare the appropriate tax returns
  • Analyze conflict of interest related matters associated with the investments including collection of ethics rule letters
  • Reconcile  transfers of interest
  • Prepare detailed technical project descriptions, monitor progress, testing, and implementation of various reports and communications
  • Validate of data, test reporting and new features in connection with database implementations, customizations, and upgrades
  • Document processes and procedures
  • Test new reports
  • Ad hoc research and analysis

Qualifications & Requirements

  • The successful candidate will have 5+ years of relevant investor/client relations and accounting/reporting experience in a private equity firm, brokerage house, or private funds group in a law firm, showing progressive growth in responsibilities.
  • A bachelor’s degree in accounting or finance, or related fields (or comparable experience) is required.  A thorough knowledge of accounting principles and methods of accounting analysis are essential. Candidate must have strong analytical, organizational, research, and written and verbal communication skills.
  • High level of proficiency in Excel and Word with some experience with general accounting software and database software is essential.  An existing understanding of relational database concepts is a plus.
  • The candidate must be self-starting, proactive, self-confident, organized, and a team player who can also work independently and sometimes assertively.  The ability to work with all professional levels is necessary.
  • The candidate must have a strong customer service orientation and a commitment to excellence

Technologies/Software:

  • MS Office with emphasis on Excel skills
  • EquityWorks and/or Dynamo

Work Environment:

  • This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, and filing cabinets.

How to Apply

Thank you for your interest in Kirkland & Ellis LLP.  To complete an application and submit your resume, please click "Apply Now."

Equal Employment Opportunity

All employment decisions, including the recruiting, hiring, placement, training availability, promotion, compensation, evaluation, disciplinary actions, and termination of employment (if necessary) are made without regard to the employee’s race, color, creed, religion, sex, pregnancy or childbirth, personal appearance, family responsibilities, sexual orientation or preference, gender identity, political affiliation, source of income, place of residence, national or ethnic origin, ancestry, age, marital status, military veteran status, unfavorable discharge from military service, physical or mental disability, or on any other basis prohibited by applicable law.

Closing Statement

The www.kirkland.com job postings and recruiting mailbox are for candidates only. If you are a recruiter, search firm or employment agency, and do not have a signed contract with Kirkland & Ellis LLP ("K&E") and have not been asked specifically to submit candidates, you will not be compensated in any way for your referral of a candidate even if K&E hires the candidate. Direct contact with K&E employees in an attempt to present candidates is inappropriate and will be a factor in determining any future professional relationship with the Firm. #LI-Hybrid