Accounting Manager

We are a multi-billion dollar financial services company located near Edison, NJ, offering a hybrid work schedule.

About the role

We are looking to add an Accounting Manager to our team. This role involves tracking and analyzing private equity fund performance, supporting strategic decision-making, and ensuring accurate financial reporting.

Responsibilities

• Track and analyze private equity fund performance, including gross and net Internal Rates of Return (IRRs), investment multiples, and preferred returns.
• Analyze fund performance under various financial and investment scenarios to support strategic decision-making.
• Assist with the quarterly close process and quarterly valuation of investment portfolios.
• Prepare and/or review quarterly financial statements, investor reporting packages, and Limited Partner communications.
• Coordinate annual audits and serve as the primary liaison with external auditors.
• Ensure the accurate flow of financial information through complex investment structures, including holding companies, intermediary entities, blocker entities, and investment funds.
• Prepare and review capital calls, investor distributions, management fee calculations, and carried interest allocations.
• Ensure compliance with fund operating agreements, partnership agreements, and investor side letters.
• Partner with cross-functional teams to support fund operations, reporting requirements, and strategic initiatives.
• Provide technical accounting guidance, identify opportunities to improve processes and internal controls, and mentor entry-level team members while contributing to a collaborative, high-performing team environment.

Requirements

• Bachelor's degree in Accounting.
• Certified Public Accountant (CPA).
• Five or more years of progressive accounting experience with a strong concentration in private equity fund accounting.
• Strong understanding of private equity fund structures, including capital calls, distributions, management fees, carried interest, investor reporting, and financial statement preparation.
• Experience preparing and reviewing financial statements in accordance with U.S. GAAP.
• Experience coordinating annual audits and working with external auditors.
• Experience with Investran or similar private equity fund accounting software (preferred).
• Strong analytical and problem-solving skills with exceptional attention to detail.
• Effective communication skills and ability to build collaborative relationships across all levels of the organization.
• Ability to take initiative, manage competing priorities, and thrive in a fast-paced environment.

Benefits

• Medical, Dental, and Vision coverage.

Pay

$120,000 - $130,000 per year.