Fund Accounting Manager

Fund Accounting Manager Overview

• The Fund Accounting Manager will oversee accounting services, including transaction processing and financial statement preparation, for a fund administration firm.
• Lead and manage client engagement teams, ensuring accurate and timely deliverables across multiple fund types.
• Develop and maintain strong relationships with clients and third-party entities, including auditors, tax teams, and legal professionals.
• Provide expertise in fund governing documents, legal structures, and financial service reporting requirements.
• Ensure compliance with organizational policies and confidentiality standards while managing sensitive data.
• Train, supervise, and mentor team members to enhance performance and achieve organizational goals.
• Collaborate on special projects and client requests, contributing to operational excellence and innovation.
• Support new fund transitions, including setup of legal entities and investor onboarding processes.

Fund Accounting Manager Key Responsibilities & Duties

• Manage day-to-day accounting and operations for client engagements, ensuring accuracy and compliance.
• Supervise client engagement teams, overseeing deliverables such as capital calls, distributions, and financial statements.
• Review bookkeeping records, waterfall calculations, and other financial metrics for compliance and accuracy.
• Analyze fund governing documents to understand legal structures and reporting standards.
• Coordinate with third-party entities, including auditors and tax professionals, to ensure seamless operations.
• Train and mentor team members, fostering professional growth and operational efficiency.
• Assist with fund transitions, including setup of new clients and legal entities.
• Participate in special projects and ad-hoc client requests, contributing to organizational success.

Fund Accounting Manager Job Requirements

• Bachelor’s degree in Accounting, Finance, or related field required; advanced degree preferred.
• 10+ years of experience in fund administration or related fields, with 3+ years in a managerial role.
• Proficiency in fund governing documents, legal structures, and financial service reporting requirements.
• Strong knowledge of waterfall allocations and fund performance metrics.
• Experience with Investran accounting software preferred; advanced Microsoft Office skills required.
• Excellent written and verbal communication skills, with attention to detail and ability to multitask.
• Self-motivated and capable of working under pressure in both individual and team settings.
• Commitment to maintaining confidentiality and adhering to organizational policies.