Fund Accounting Manager

in Accounting + Finance
  • Chicago, IL View on Map
  • Salary: $150,000.00 - $200,000.00
Permanent

Job Detail

  • Experience Level Manager
  • Degree Type Bachelor of Science (BS)
  • Employment Full Time
  • Working Type Hybrid
  • Job Reference 0000007073
  • Salary Type Annually
  • Industry Private Equity
  • Selling Points

    Join the top private equity firm in the country as a Fund Accounting Manager, where you’ll oversee complex financial operations, collaborate with industry leaders, and drive the success of high-profile investment funds.

Job Description

Responsibilities: 

  • Responsible for managing all day-to-day operation of the company’s funds  
  • Evaluate and approve all key calculations including carried interest, management fee, and gross/net IRR 
  • Responsible for the coordination and successful completion of quarterly financial reporting and all daily, weekly, and monthly deliverables 
  • Lead and oversee the capital call and capital distribution process  
  • Coordinate delivery of all fund activities, with a focus on process and controls to maximize efficiencies and minimize risk of errors  
  • Ensure compliance with fund financial reporting policies and procedures, and with the funds governing documents, as appropriate  
  • Assisting in the development and implementation of new procedures and processes to enhance workflow  
  • Manage and develop members of the Fund Admin Team  
  • Lead and support projects, both large and small, and assist the director on any operational needs  
  • Assist other departments by providing information and data and by performing ad-hoc analyses based on the funds’ or investors’ activity 

Qualifications: 

  • Advanced degree in accounting 
  • A team-oriented individual with strong interpersonal, organizational, and communication skills 
  • Detail Focused: Great attention to accuracy of numbers in financial report, always striving for the most accurate and clear presentation of data 
  • Quick Learner: Ability to absorb and master new information quickly 
  • A good listener, problem solver with a commitment to follow up 
  • Professional & Ethical: Uncompromising integrity and honesty Handle all data with the utmost discretion and professionalism 
  • CPA licensure required for consideration 
  • Minimum of 12 years’ experience (with at least 6 years in a managerial role) performing private equity fund accounting under US GAAP with a focus on fund of funds, co-investments funds, credit funds, required 
  • Comprehensive working knowledge and history of managing carried interest calculations is a must 
  • Big 4 experience preferred  
  • ShareAustin:

Related Jobs