Fund Accounting Manager

Fund Accounting Manager Overview

• The Fund Accounting Manager will oversee accounting and operational finance functions for investment and advisory businesses, ensuring accuracy and compliance with financial standards.
• This role involves managing fund accounting, investor relations, and financial reporting, contributing to the firm’s strategic objectives and operational excellence.
• Collaborate with cross-functional teams to ensure seamless investment execution and transaction processes.
• Support the Controller in valuations, performance metrics, and investor-facing deliverables.
• Engage in budgeting, forecasting, and financial analysis to drive informed decision-making.
• Implement and enhance internal controls, leveraging technology for efficiency and accuracy.
• Contribute to the firm’s evolving use of AI in financial processes and reporting.

Fund Accounting Manager Key Responsibilities & Duties

• Maintain accurate accounting records for management and advisory businesses, ensuring compliance with GAAP standards.
• Coordinate with third-party administrators for accurate investor reporting and NAV calculations.
• Manage accounts payable, payroll, and receivables, ensuring timely and accurate processing.
• Assist in preparing financial metrics and data for marketing and fundraising initiatives.
• Support quarterly portfolio valuations and performance metric calculations, ensuring compliance with fund agreements.
• Coordinate audits and assist in preparing tax returns and compliance documentation.
• Develop and document accounting policies, procedures, and workflows for operational efficiency.
• Identify and implement process improvements, focusing on automation and AI integration.

Fund Accounting Manager Job Requirements

• Bachelor of Arts (BA) in Accounting, Finance, or a related field.
• Minimum of 5 years of experience in fund accounting, with 7 years preferred.
• Strong knowledge of GAAP standards and financial reporting requirements.
• Experience with investor relations, fund operations, and performance metric calculations.
• Proficiency in financial modeling, budgeting, and forecasting processes.
• Familiarity with SEC regulations and compliance standards.
• Ability to implement and leverage AI and automation tools in financial processes.
• Excellent analytical, organizational, and communication skills.