Fund Accountant

Fund Accountant Overview

• The Fund Accountant will play a pivotal role in managing daily accounting operations within a dynamic private equity firm.
• Collaborate closely with investment teams and managing partners in a lean, high-performing environment.
• Ensure compliance with regulatory requirements and contribute to fund-level reporting activities.
• Support a fast-growing firm with approximately $9.4 billion in committed capital.
• Gain exposure to complex private equity strategies, including secondary, direct, and co-investment opportunities.
• Contribute to operational improvements and implement new accounting processes.
• Work onsite in a collaborative environment, directly interacting with senior management.
• Enhance your expertise in fund accounting and operations within a high-growth firm.

Fund Accountant Key Responsibilities & Duties

• Manage daily cash operations, including monitoring fund bank account balances and internal cash movements.
• Prepare and distribute weekly fund cash summary reports for management review.
• Ensure compliance with regulatory requirements related to cash management and fund operations.
• Coordinate with third-party fund administrators on capital calls, distributions, and expense reviews.
• Assist in the preparation of quarterly financial reporting packages and investor capital activity statements.
• Review GAAP-based financial statements, analyze variances, and adhere to reporting deadlines.
• Support annual audit and K-1 tax return preparation and processes.
• Participate in cross-functional projects to enhance fund operations and implement new accounting processes.
• Contribute to regular team meetings to discuss fund performance and operational improvements.

Fund Accountant Job Requirements

• Bachelor’s degree in Accounting, Finance, or a related field is required.
• 2–3 years of relevant experience in fund accounting within private equity or related industries.
• Strong understanding of private equity fund structures, accounting, and reporting requirements.
• Proficiency in Excel and data management tools is essential.
• Ability to thrive in a lean, collaborative, and high-performing team environment.
• Experience with GAAP-based financial statements and audit processes is preferred.
• Knowledge of regulatory compliance requirements related to fund operations is advantageous.
• Strong analytical skills and attention to detail are critical for success.