Fund Accounting Manager

Overview

• Lead fund accounting operations for private equity and hedge fund clients in a hybrid work environment.
• Oversee financial reporting, investor communications, and fund operations with a focus on accuracy and compliance.
• Collaborate with auditors and tax teams to ensure seamless year-end processes and reporting.
• Drive process improvements and implement best practices across multiple fund engagements.
• Mentor and train junior staff, fostering professional growth and team development.
• Utilize advanced fund accounting systems and tools to manage complex calculations.
• Engage with clients to understand their needs and deliver tailored solutions.
• Contribute to the sustainability goals and diversity initiatives of the organization.

Key Responsibilities & Duties

• Manage client deliverables, ensuring alignment with partnership agreements and expectations.
• Review and oversee complex fund calculations, including carried interest and waterfall models.
• Prepare and review journal entries, capital account statements, and investor notices.
• Coordinate capital call and distribution processes, ensuring timely execution.
• Lead financial statement reviews and collaborate with auditors during year-end processes.
• Train and mentor junior team members, fostering a culture of continuous improvement.
• Implement process enhancements to improve efficiency and accuracy in fund administration.
• Respond to client inquiries and ad hoc requests with professionalism and expertise.

Job Requirements

• Bachelor of Science (BS) in Accounting or related field required.
• Minimum of 5 years of progressive experience in private equity or public accounting.
• Proficiency in fund accounting systems such as QuickBooks, Excel, and Investran.
• Strong analytical skills with expertise in complex fund calculations and reporting.
• Ability to manage competing deadlines while maintaining attention to detail.
• Experience in mentoring and developing junior team members.
• Flexibility to work overtime when necessary to meet client deadlines.
• Commitment to sustainability and diversity initiatives within the workplace.