Vice President, Fund Accounting

Vice President, Fund Accounting Overview

• The Vice President, Fund Accounting oversees financial operations for private equity strategies, ensuring compliance and accuracy in fund accounting processes.
• Lead a team of Accounting Managers, fostering collaboration and professional growth within a hybrid work environment.
• Ensure adherence to U.S. GAAP standards and compliance with Sarbanes-Oxley financial reporting requirements.
• Manage monthly portfolio closing processes, including pricing, data reconciliation, and expense accrual calculations.
• Review quarterly and annual financial statements, ensuring accuracy and compliance with regulatory standards.
• Conduct technical research on accounting guidance and implement new pronouncements effectively.
• Oversee fund and client-specific performance calculations and consolidated fund information.
• Collaborate with Client Services and the Investment Team on ad-hoc financial requests and reporting needs.

Vice President, Fund Accounting Key Responsibilities & Duties

• Supervise Accounting Managers, ensuring efficient and accurate fund accounting operations.
• Oversee monthly portfolio closing processes, including pricing, reconciliations, and management fee calculations.
• Review and ensure compliance of quarterly and annual financial statements with U.S. GAAP standards.
• Implement and maintain key financial reporting controls in compliance with Sarbanes-Oxley requirements.
• Conduct technical accounting research and implement new financial pronouncements.
• Review fund-specific performance calculations and consolidated fund data within the strategy.
• Assist with ad-hoc financial requests from Client Services and the Investment Team.
• Foster a collaborative and inclusive environment, emphasizing professional development and training opportunities.

Vice President, Fund Accounting Job Requirements

• Bachelor of Science (BS) degree in Accounting, Finance, or a related field required.
• Minimum of 12 years of experience in fund accounting or financial management; 14 years preferred.
• Proficiency in U.S. GAAP standards and Sarbanes-Oxley compliance requirements.
• Strong leadership skills with experience managing accounting teams in a hybrid work setting.
• Expertise in portfolio closing processes, financial statement preparation, and performance calculations.
• Ability to conduct technical accounting research and implement new pronouncements effectively.
• Excellent communication skills for collaboration with Client Services and Investment Teams.
• Commitment to fostering an inclusive and professional development-focused environment.