Fund Accounting Manager

Fund Accounting Manager Overview

• The Fund Accounting Manager oversees cash flow and capital activities for private-market vehicles managed by the client.
• Collaborates with internal teams and external administrators to ensure accurate and timely financial operations.
• Manages workload, coordinates deliverables, and implements established accounting controls and policies.
• Escalates complex transactions, funding risks, and control exceptions to leadership as necessary.
• Provides coaching and development opportunities for team members to enhance performance and skills.
• Maintains tracking tools and dashboards for activity, funding, and deadlines, ensuring data quality and process improvements.
• Works remotely, offering flexibility and the opportunity to collaborate with a diverse team.

Fund Accounting Manager Key Responsibilities & Duties

• Oversee capital calls, distributions, investment funding, and expense-related cash flows for assigned funds.
• Coordinate administrator deliverables and internal review milestones, ensuring compliance with fund-specific requirements.
• Review investor allocations, notices, and supporting schedules against fund terms and resolve discrepancies.
• Track investor receipts and funding status, addressing missing wires and late payments promptly.
• Escalate unresolved funding shortfalls and complex capital events to Fund Accounting leadership.
• Apply established controls, maintain audit support, and propose corrective actions for identified issues.
• Coordinate payment readiness within delegated approval limits, ensuring compliance with regulatory requirements.
• Manage team workload and deadlines, providing coaching and feedback to enhance performance.

Fund Accounting Manager Job Requirements

• Bachelor of Arts (BA) degree in Accounting, Finance, or related field required.
• Minimum of 6 years of experience in fund accounting or financial operations; 10 years preferred.
• Strong knowledge of private-market vehicles, capital activity, and accounting controls.
• Proficiency in financial tracking tools, dashboards, and process automation.
• Excellent communication and coordination skills to manage internal and external stakeholders.
• Ability to work remotely while maintaining effective collaboration and productivity.
• Experience in coaching and developing team members to achieve organizational goals.