Vice President, Fund Accounting

Overview

• Lead fund accounting operations for private equity funds within the client's Alternative Investment Division.
• Oversee financial reporting, NAV calculations, and compliance with U.S. GAAP standards.
• Collaborate with third-party administrators to ensure accurate and timely deliverables.
• Provide strategic leadership in improving operational processes and efficiency.
• Partner with internal teams to address investor inquiries and reporting requirements.
• Manage fund cash flow, credit facilities, and investment transactions effectively.
• Ensure proper application of accounting principles to complex transactions.
• Support audit processes by liaising with auditors and reviewing financial statements.
• Contribute to strategic initiatives and projects within the Operations department.

Key Responsibilities & Duties

• Review fund governing documents to ensure compliance with fund terms and regulations.
• Validate management fees and waterfall calculations for accuracy and compliance.
• Monitor investment transactions and prepare portfolio analysis reports.
• Oversee fund cash management and coordinate with treasury and portfolio teams.
• Lead annual audit processes and review financial statements and footnotes.
• Drive operational improvements through strategic initiatives and process enhancements.
• Collaborate with business development teams to address investor inquiries and DDQs.
• Provide oversight of third-party administrators during NAV and reporting processes.
• Ensure adherence to accounting principles in complex fund transactions.

Job Requirements

• Bachelor's degree in Accounting or Finance required; CPA/CA certification mandatory.
• Minimum of 7 years of experience in fund accounting, preferably in private equity.
• Proficiency in U.S. GAAP standards and private equity fund operations.
• Strong organizational and communication skills with leadership capabilities.
• Experience with GP stakes strategy funds is highly preferred.
• Proficient in Microsoft Office applications, including Excel, Word, and PowerPoint.
• Ability to thrive in a fast-paced, dynamic environment with minimal supervision.
• Solutions-oriented mindset with a focus on problem-solving and efficiency.
• Knowledge of private equity and hedge fund industries is essential.