Basic information

Job Name:

Staff Accountant, Corporate Accounting

Location:

Washington, DC

Line of Business:

Finance

Job Function:

Investor Services

Date:

Monday, June 3, 2024

Position Summary

The Corporate Accounting Staff Accountant is primarily responsible for contributing to recording, reconciling and researching a wide variety of transactions and account balances in various Carlyle parent and operating entities. This position will prepare monthly and quarterly account reconciliations, enter and assist in the review of journal entries, review accounts payable vouchers, enter interunit cash transfers, and prepare budget variance analysis and other analyses as required. Further, the Staff Accountant will be called upon to assist with quarterly and annual audits and reviews by responding to audit requests, preparing PBC deliverables, and assisting in walkthrough documentation.

This position requires a foundation in basic accounting concepts (Accruals/Contingencies, Fixed Assets, Prepaid Expenses, Receivables, and Payables) in addition to a strong aptitude in information systems data processing. Information must be processed quickly and accurately, often in high volumes and on very tight schedules. Further, the Staff Accountant may be called upon to help train others in certain PeopleSoft processes or coding of transactions. Substantially all responsibilities will involve Excel and PeopleSoft.

Responsibilities

Monthly operating entity close process (40%)

* Record transactions in the general ledger for various areas, including but not limited to expense accruals, payroll and related costs, and cash transactions.

* Reconcile general ledger accounts as assigned using RCM Reconciliation Tool.

* Sign off on close tasks in the USOE Team's task tracker in a timely manner.

* Identify general ledger coding errors by reviewing general ledger detail for

* Carlyle operating entities. Correct coding errors via journal entry or AP

* journal voucher as directed.

* Assist the team with departmental variance analysis and prepare correcting journal entries and journal vouchers as needed.

Daily operating entity tasks (30%)

* Ensure compliance with internal controls including preparing required documentation and sign offs.

* Enter and/or review accounts payable vouchers to ensure proper coding in the general ledger.

* Enter interunit cash transfers to facilitate the firm's working capital needs or other transactions.

* Prepare invoices for cost recovery from certain consolidated and unconsolidated entities in the project costing and/or billing modules.

* Review recoverable cost balances for accuracy and appropriateness. Work with senior accountant(s) and manager(s) to correct errors.

Support quarterly and annual reviews and audits (15%)

* Prepare reports and analysis for auditors and department managers to satisfy audit and reporting requirements.

* Compile reconciliations or other support to enable auditors to test internal controls over financial reporting.

* Assist senior accountant(s) and manager(s) in preparing analysis to support upper management's quarterly reforecasting.

Special projects (15%)

* Assist in implementing recoverable cost infrastructure for ILP, GP, and other unconsolidated entities.

* Prepare ad-hoc analytical reports as requested.

* Liaise with other departments to improve process accuracy and efficiency. Work with department senior accountants, managers, and vice presidents to identify opportunities for improvement.

* Perform monthly accounting tasks for specific team-owned ledgers

Qualifications

Education & Certificates

* Bachelor's degree in Accounting, Finance or Economics degree required GPA of 3.0 or above, required

* CPA candidate preferred

Professional Experience

* Minimum 0-3 years of relevant accounting experience in either industry (preferred) or public accounting, required

* Private Equity or Financial Services experience preferred but not required

Competencies & Attributes

* Strong Microsoft Office skills - Advanced MS Excel preferred Experience with Oracle/PeopleSoft or another ERP system preferred Excellent problem solving, analytical and communication skills

* Strong sense of ownership and accountability, must be comfortable working independently and becoming a subject matter expert in relevant areas

* Comfortable working in a fast-paced environment; must be organized, efficient, able to prioritize and complete multiple simultaneous tasks, often on very tight deadlines

* High level of attention to detail required

* Comfortable in leveraging current technologies to enhance efficiency

Due to the high volume of candidates, please be advised that only candidates selected to interview will be contacted by The Carlyle Group.

Company Information

The Carlyle Group (NASDAQ: CG) is a global investment firm with $425 billion of assets under management and more than half of the AUM managed by women, across 595 investment vehicles as of March 31, 2024. Founded in 1987 in Washington, DC, Carlyle has grown into one of the world's largest and most successful investment firms, with more than 2,200 professionals operating in 28 offices in North America, Europe, the Middle East, Asia and Australia. Carlyle places an emphasis on development, retention and inclusion as supported by our internal processes and seven Employee Resource Groups (ERGs). Carlyle's purpose is to invest wisely and create value on behalf of its investors, which range from public and private pension funds to wealthy individuals and families to sovereign wealth funds, unions and corporations. Carlyle invests across three segments - Global Private Equity, Global Credit and Investment Solutions - and has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation.

At Carlyle, we know that diverse teams perform better, so we seek to create a community where we continually exchange insights, embrace different perspectives and leverage diversity as a competitive advantage. That is why we are committed to growing and cultivating teams that include people with a variety of perspectives, people who provide unique lenses through which to view potential deals, support and run our business.