Job Description

Job Description

Job Description

Description

The Fund Accounting Manager will manage a variety of financial and accounting responsibilities as well as special projects related to private equity funds, open-ended “hedge” funds, and separately managed accounts. Specific responsibilities will include NAV calculation/reconciliation, preparing and analyzing Fund financial statements, investor reporting and investor interface, cash flow/liquidity forecasts, securitization reporting, and other special projects.

In addition to core fund accounting responsibilities, this role will play a key part in enhancing operational efficiency through process improvements and automation. The Fund Accounting Manager will lead initiatives to streamline recurring workflows, improve reporting accuracy, and transition certain processes to more scalable, technology-enabled solutions. This individual will work closely with fund accounting, corporate accounting, investors, external auditors, and tax service providers in a highly collaborative environment.
Key Responsibilities

The Fund Accounting Manager is primarily responsible for monthly, quarterly, and annual reporting to the limited partners of the funds and separately managed accounts (“SMAs”). The day-to-day responsibilities include, but are not limited to:

• Collaborate with outsourced accounting team and fund administrator to:
  
   
  • Reconcile monthly/quarterly reporting to LPs — Fund NAV and financial statements. 
  • Prepare investor capital calls and distribution notices. 
  • Produce partner account statements and other required financial information including investor commitments, asset accrual methodology, and output.
• Confirm all aspects of NAV are in accordance with respective fund documents.
• Work with valuation team to ensure proper valuation and cash flow forecasts for portfolio.
• Assist internal and external parties with the annual audit for the fund vehicles at year-end, including preparing financial statement footnotes.
• Respond to investor requests appropriately, accurately, and timely with a focus on client service.
• Complete and maintain various fund, investment, and investor reporting metrics.
• Support with regulatory/compliance requests as needed.
• Manage cash needs and facilitate daily wires for investment purchases.
• Coach junior staff on an informal basis.
• Assist senior management with special projects and ad hoc requests as needed.
• Improve processes in place and automate where possible related to weekly loan purchases and coordination with SMAs, as well as monthly reporting and distributions.
• Assist with transitioning the internal joint securitization valuation and economics file from quarterly to monthly, including streamlining, automation, and process redesign.

Skills, Knowledge and Expertise

• Approximately 5–6 years of experience in public and/or industry accounting required.
• Bachelors degree in Accounting or related field.
• CPA or CPA candidate strongly preferred.
• Experience / interest in working in a Private Equity or Fund environment.
• Advanced proficiency with Excel (Macros, Queries, etc.).
• Strong organizational skills and ability to manage multiple priorities.
• Strong verbal and written communication skills.
• Career-motivated and desire to work in an entrepreneurial office setting.

Key Competencies

• Fund Accounting Expertise: Strong knowledge of NAV calculation, reconciliations, and fund financial reporting.
• Analytical Skills: Ability to prepare and analyze financial statements, forecasts, and investor reporting with accuracy.
• Process Improvement: Proven experience in streamlining workflows, enhancing automation, and improving reporting efficiency.
• Collaboration: Effective at working with investors, auditors, outsourced providers, and internal teams.
• Communication: Strong verbal and written skills for investor interface, reporting, and team coaching.
• Leadership: Ability to guide junior staff and lead cross-functional projects.

How This Role Demonstrates Our Values

• Integrity: Ensures financial accuracy and compliance with fund documents, regulations, and audit requirements.
• Collaboration: Works closely with cross-functional teams, investors, auditors, and administrators to achieve shared goals.
• Excellence: Delivers high-quality reporting, timely responses to investors, and continuous improvements in processes.
• Critical Curiosity: Seeks and implements automation and technology-enabled solutions to enhance efficiency and scalability.

Benefits

• Invictus medical, dental and vision is covered at 100% for all tiers.
• We offer FSA’s for healthcare, dependent care, transit and commuter costs. 
• Safe harbor 401(k) match of 4%; employees need 3-months of service to be eligible to participate. No vesting after that. 
• $80 per month cell phone reimbursement.
• 20 Days of PTO accrued at the beginning of the year, plus 10 company holidays.
• Tuition Reimbursement

Job Tags

Work at office,

Similar Jobs