Analyst, Corporate Accounting

Company Information

Waterfall Asset Management, LLC is an SEC-registered alternative investment manager focused on specialty finance opportunities within asset-backed credit, whole loans, real assets, and private equity.  Waterfall was founded in 2005 by Tom Capasse and Jack Ross, two individuals who were early leaders of the ABS industry, and who together have over 60 years of proven ABS/Loan credit analysis, trading, banking, and servicing experience. Waterfall seeks to provide its client a compelling risk/return profile which is generally uncorrelated to most traditional investment opportunities.  Waterfall is headquartered in New York, with additional offices in London, and Dublin. As of December 1, 2025, Waterfall approximately $12.4 billion in assets under management.

Job Description
 
Waterfall is looking to hire an Analyst to join their Corporate Accounting team. The Corporate Accounting team is evolving along with the WAM business and is seeking a high performing individual who is looking to make an impact.


Specific job responsibilities include:

• Day-to-day maintenance of Management company and General Partner entities and month-end close process
• Preparation of journal entries related to:
• Revenues – primarily management and incentive fees
• Expenses – primarily non-compensation
• Working in conjunction with the Accounts Payable team on booking cash activity
• Reconciliation of balance sheet accounts related to:
• Cash
• Receivables (Management/Incentive Fees, Deal Receivables, Fund Receivables, etc.)
• Liabilities (Accounts Payable, Compensation, etc.)
• Entering data (transactional & other information) into accounting software (NetSuite)
• Prepare and maintain monthly entity reporting packages detailing and supporting activity in the trial balance
• Assist in preparing the consolidated Financial Pack for the Executive Committee
• Assist in preparing various external reporting requirements
• Produce monthly reimbursable Fund expense report to Fund Accounting team
• Assisting with intercompany/foreign entity consolidation and assist with the preparation and consolidation of monthly entity level financial statements (US, UK and IRE based entities)
• Assist in the annual financial statement preparation and audit for all entities
• Assist with Ad hoc requests (financial reporting, Tax team inquiries, compliance, etc.)

Qualifications and Education Requirements

• Bachelor’s Degree in Accounting
• 1-3 years experience in corporate accounting and/or public accounting roles
• CPA preferred but not required
• Has analytical and problem-solving capabilities
• Ability to work in a fast-paced environment and deal with competing demands
• Strong interpersonal and communication skills, both verbal and written
• Self-starter with the ability to work independently
• Motivated, team player, willing and able to be involved at the detail level of work
• Excellent time management skills with ability to work under pressure and meet deadlines
• Proficient in Microsoft Office, specifically Microsoft Outlook, Excel and PowerPoint; Accounting Software (NetSuite)