Basic information
Job Name:
Staff Accountant, Management Entity Accounting
Location:
Washington, DC
Line of Business:
Finance
Job Function:
Investor Services
Date:
Tuesday, May 13, 2025
Staff Accountant, Management Entity Accounting
The Carlyle Group
Accounting & Finance
Washington, USA
USD 75k-85k / year
Posted on May 14, 2025
Position Summary
This position is primarily responsible for monthly closing activities. Closing activities include journal entries, account reconciliations, research, reporting, and supporting internal and external stakeholders. Primary transactions include fixed and variable revenue streams (management, portfolio and transaction fees), rebates, expense accruals and allowances for doubtful accounts.
This position requires strict adherence to deadlines and deliverables. The candidate must be detail oriented, organized, have strong communication skills and confidence in communicating with senior professionals across the firm.
Substantially all responsibilities will involve Excel and PeopleSoft. This position requires competence in managing large data sets and manipulating them using complicated formulas and pivot tables in Excel. This position also requires competence in using and understanding information systems, such as various modules and how transactions should be recorded to ensure data integrity.
Responsibilities
50% of time
- Support team during month-end close
- Prepare journal entries for transactions, including revenue, expense accruals, rebates, reserves for revenue and reimbursable expenses, and reclasses/adjustments
- Prepare balance sheet reconciliations
- Prepare monthly reports, including revenue trending analysis, trial balance, rebate report, T&E analysis, and expense analysis
25% of time
- Daily responsibilities
- Review coding for accounts payable vouchers
- Collaborate and coordinate across the firm to ensure proper recording and coding of transactions
- Update and distribute daily status report of AP invoices remaining to be review and approved
- Respond to ad hoc requests, which often require research, report preparation and further communication across the firm
25% of time
- Other accounting functions
- Prepare wire transfers when necessary
- Assist with research, corrections/adjustments and follow-up
- Support the management fee, portfolio fee and transaction fee billing process
- Collaborate with team and other departments to identify opportunities for improvement of current processes
Qualifications
Education & Certificates
- Bachelor’s Degree, required
- Accounting degree or enrolled in an accounting major preferred
- GPA of 3.0 or above, required
Professional Experience
- At least 1-2 years of accounting experience, required
Competencies & Attributes
- Organized and efficient
- Able to multi-task and prioritize workload
- Detail-oriented
- Microsoft Office skills – MS Excel, Outlook
- Experience with Oracle/PeopleSoft or another ERP system preferred
- Excellent problem solving, analytical and communication skills
Benefits/Compensation
The compensation range for this role is specific to Washington, DC, and takes into account a wide range of factors including but not limited to the skill sets required/preferred; prior experience and training; licenses and/or certifications.
The anticipated base salary range for this role is $75,000 to $85,000.
In addition to the base salary, the hired professional will enjoy a comprehensive benefits package spanning retirement benefits, health insurance, life insurance and disability, paid time off, paid holidays, family planning benefits and various wellness programs. Additionally, the hired professional may also be eligible to participate in an annual discretionary incentive program, the award of which will be dependent on various factors, including, without limitation, individual and organizational performance.
Due to the high volume of candidates, please be advised that only candidates selected to interview will be contacted by Carlyle.
Company Information
The Carlyle Group (NASDAQ: CG) is a global investment firm with $453 billion of assets under management and more than half of the AUM managed by women, across 641 investment vehicles as of March 31, 2025. Founded in 1987 in Washington, DC, Carlyle has grown into one of the world's largest and most successful investment firms, with more than 2,300 professionals operating in 29 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 Carlyle AlpInvest - 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 believe that a wide spectrum of experiences and viewpoints drives performance and success. Our CEO, Harvey Schwartz, has stated that, "To build better businesses and create value for all of our stakeholders, we are focused on assembling leadership teams with the strongest insights from a range of perspectives." We strive to foster an environment where ideas are openly shared and valued. By bringing together teams with varied expertise and approaches, we enjoy a competitive advantage and create a stronger foundation for long-term success.