Management Company Administration

Outsourcing Management Company services, reduces the resources you need to support an in-house accounting team.

When you outsource to Ultimus LeverPoint, we function as your accounting staff, effectively handling the day-to-day operations of your firm. We will take care of much of the third-party communications that typically take the time of CFOs and General Partners, working closely with vendors and auditors.

We offer a range of customizable Management Company solutions for private equity firms, including:

  • Establish and maintain a general ledger for the Management Company Entity
  • Process Accounts Payable
  • Process Accounts Receivable and Portfolio Company Receivables
  • Process Time & Expense Reimbursements
  • Prepare all journal entries on a monthly basis
    • Depreciation Entries
    • Accrual Entries
    • Deferred Revenue
    • Allocations
  • Process payroll through a third-party provider
  • Weekly cash balance and activity reporting
  • Unaudited Financial Statements
  • Financial Statement Workbook
  • Audited Financial Statements
  • Prepare and review outgoing bank wire and checks.
    • Accounts Payable
    • One off payments
  • Perform OFAC procedure for all wire/checks prepared prior to execution
    • Account Payable
    • One off payments
  • 1099/1096 Reporting
  • Commercial Rent Tax Filings