Manager, Fund Accounting

Manager, Fund Accounting Overview

• The Manager, Fund Accounting role offers an exciting opportunity to oversee fund accounting operations within a dynamic financial services firm.
• Collaborate with industry-leading professionals to deliver exceptional private equity fund services and solutions.
• Work in a hybrid environment, with options for remote flexibility, ensuring work-life balance.
• Engage with clients to manage fund accounting processes, including capital activity and NAV calculations.
• Leverage advanced tools and technologies to streamline workflows and enhance operational efficiency.
• Contribute to a globally recognized organization with a strong commitment to professional growth and development.
• Participate in process improvement initiatives, driving innovation in fund administration practices.
• Gain exposure to complex fund structures and accounting methodologies, enhancing your expertise.
• Be part of a team that values collaboration, excellence, and client satisfaction.

Manager, Fund Accounting Key Responsibilities & Duties

• Manage client engagements, ensuring timely and accurate delivery of fund accounting services.
• Prepare and review financial statements, partner capital statements, and trial balances.
• Oversee capital activity processes, including capital calls, distributions, and transfers.
• Conduct fee calculations such as management fees, admin fees, and carried interest.
• Collaborate with internal teams to coordinate audits and ensure compliance with regulations.
• Review fund governing documents to ensure accurate implementation of fund structures.
• Provide technical accounting expertise to clients, enhancing their operational capabilities.
• Drive process improvements and technology adoption to optimize fund administration workflows.
• Support ad hoc reporting and analysis requirements as part of client deliverables.

Manager, Fund Accounting Job Requirements

• Bachelor’s degree in Accounting, Finance, or Economics is required.
• Minimum of 3 years of fund accounting experience, with private equity expertise preferred.
• Strong knowledge of US GAAP and private equity fund structures.
• Proficiency in Excel, including macros and pivot tables, is essential.
• Experience with waterfall structures and NAV calculations is highly desirable.
• Demonstrated ability to manage multiple client relationships and deliverables.
• Excellent communication skills, both written and verbal, are required.
• Familiarity with fund administration systems like SunGard Investran is a plus.
• Strong analytical and problem-solving skills to address complex accounting challenges.