Yan Zhao

About Yan Zhao

Experienced Private Equity Accountant and Audit Associate with a demonstrated history of…

Experience

1. Associate - Private Equity Fund Accounting

   Fremont Group

   Dec 2017 — Present

   Expertise working with financial derivatives including Swaps and Forwards. Performed monthly foreign exchange hedge and premium analysis. Ensured compliance with banks’ policies and performed foreign exchange collateral allocation analysis. •Performed multi-tiered equity pickup to reflect the carrying values of Fremont’s investments. Gained solid understanding of hedge fund accounting structures recording management fees, carried interest and clawbacks based on fund agreements and fund performances which translates into equity holders monthly capital balances. •Tracked and recorded transactions in the general ledger for private equity funds, investment portfolios, partnerships and limited liability entities in accordance US GAAP. •Provided accounting subject matter expertise to various departments including Tax, Financial Planning, Legal, Investment team, as well as external auditors and outside tax preparation advisers. •Monitored liquidity and managed internal cash flows based on business needs. Partnered with legal counsel during drafting of credit agreements and promissory notes. Partnered with Hedge Fund of Fund team during the process of loan initiations and loan repayments. Exercised judgement based on business and operational expertise to determine optimal settlement of intercompany liabilities. •Ensured seamless execution of private equity fund activities across the investment and fund lifecycle. Supported Investment team with funding for new investment acquisitions, capital calls from Partners as well as distributions and redemptions to fund investors. •Prepared quarterly financial reporting packages and assisted with the annual external audit with supporting and backup schedules. Performed variance analysis on accounts to determine accuracy and completeness of financial reports. •Made recommendations of new general ledger accounts when there were new investment activities or entities created during management company restructuring.

Education

• Northeastern University

  Bachelor of Science Degree, Business Administration May 2013; Accounting and Finance

  2008 — 2013

• Northeastern University

  Master's degree

  2014 — 2014

Skills

• Hedge Funds
• Tax
• Accounting
• Financial Analysis
• Access
• Partnership Taxation
• Auditing
• Private Equity
• Microsoft Excel