Fund Accounting Manager

Fund Accounting Manager Overview

• The Fund Accounting Manager will oversee hedge fund accounting and administration processes within a dynamic finance team.
• Collaborate with internal teams, vendors, and clients to ensure accurate financial reporting and compliance.
• Lead the management of private equity and hedge fund feeder funds, ensuring operational excellence.
• Drive process automation and efficiency by working closely with technology and product teams.
• Participate in high-level management meetings to align strategies and objectives.
• Monitor compliance with partnership operating agreements and oversee financial statement preparation.
• Contribute to periodic and ad hoc reporting in collaboration with compliance and legal teams.
• This hybrid role offers a blend of onsite and remote work flexibility.

Fund Accounting Manager Key Responsibilities & Duties

• Lead and manage a portfolio of private equity and hedge fund feeder funds.
• Collaborate with implementation teams for new business and fund launches.
• Review feeder fund draft documents and operational questionnaires pre-launch.
• Oversee NAV and partners’ capital account statement issuance and track KPIs.
• Sign-off on capital call and distribution cash analysis and investor allocation files.
• Facilitate process automation and efficiency with technology and product teams.
• Monitor fund compliance with partnership operating agreement terms.
• Oversee preparation of annual fund financial statements in accordance with US GAAP.
• Prepare and oversee periodic and ad hoc reporting with internal and external stakeholders.

Fund Accounting Manager Job Requirements

• Bachelor of Arts (BA) degree in finance, accounting, or a related field.
• Minimum of 10 years of experience in fund accounting or finance roles.
• Preferred 15 years of experience with expertise in hedge fund administration.
• Proficiency in US GAAP and financial statement preparation.
• Strong leadership skills and ability to manage cross-functional teams effectively.
• Experience with process automation and technology-driven solutions.
• Excellent communication skills for management-level meetings and reporting.
• Hybrid work arrangement requiring adaptability to onsite and remote work.