Fund Accounting Manager

Fund Accounting Manager Overview

• The Fund Accounting Manager will oversee fund administration and client service delivery in a high-growth AI/technology-driven fund administration environment.
• Collaborate with a team of experts to deliver exceptional service to sophisticated investment firms.
• Drive operational excellence and efficiencies through tech-enabled automation and systemization improvements.
• Contribute to transforming the $30 trillion fund administration industry with innovative solutions.
• Participate in recruitment, development, and supervision of staff accountants to build a strong team.
• Work in a hybrid environment combining onsite collaboration and remote flexibility.
• Engage with AI and machine learning technologies to solve complex fund administration challenges.
• Join a category-defining business backed by premier investors and industry veterans.

Fund Accounting Manager Key Responsibilities & Duties

• Oversee end-to-end execution of client deliverables and communications in fund administration.
• Generate accurate fund administration reports and supervise team deliverables to ensure quality.
• Identify and implement automation and systemization improvements in collaboration with the product development team.
• Ensure compliance with regulatory, legal, tax, audit, and industry standards.
• Perform and rigorously review complex calculations for waterfall distributions and capital calls/contributions.
• Manage day-to-day operations, including email traffic, capital calls, and inquiries.
• Mentor and develop team members to foster growth and excellence.
• Build trust-based relationships with clients and serve as a thought partner to general and limited partners.
• Communicate effectively with clients to address inquiries, needs, and opportunities.

Fund Accounting Manager Job Requirements

• Bachelor’s degree in accounting or a related field is required.
• 3-7 years of fund accounting experience in venture capital, growth equity, or private equity asset classes.
• Experience hiring, training, and managing a team of fund accountants.
• Proficiency in preparing fund financial statements and comprehensive LP reporting.
• Strong knowledge of GAAP and regulatory compliance for fund accounting.
• Experience with Limited Partnership Agreements and other investment structures.
• Demonstrated impact in leveraging AI/ML for fund administration challenges.
• CPA certification is preferred but not required.
• Fluency with software solutions and openness to modern technologies.